Donald Trump's presidency brings significant uncertainty to AGOA (African Growth and Opportunity Act) and other Kenya-US trade agreements, an expert explained.
Kenya is set to lose tax revenue following an executive order by US president Donald Trump, which affects how American multinational companies are taxed abroad.
While Kenya's govt celebrates this as validation of its economic policies, the AU's public denunciation of the rating as "irresponsible" reveals deeper tensions.
Kenya faces a critical finance gap, as effects of drought and climate inaction are already devastating its communities, as it pushes for stronger global commitments.
The Kenyan govt is set to recruit a director general for Public-Private Partnerships following the termination of multi-billion-shilling deals with the Adani Group.
Suna East MP Junet Mohamed has called for the removal of public participation requirements in govt projects, arguing that they delay development initiatives.
The Kenyan government has clarified that the Indian conglomerate Adani Group is not involved in the Taifa Care Programme, dismissing widespread speculation.
Kenya has officially terminated multi-billion-shilling agreements with Indian conglomerate Adani Group, after President William Ruto's directive to relevant agencies
A Trump win could impact Kenya in several ways, particularly in trade, foreign aid, and diplomacy. During his previous tenure, he emphasised America-first policies.
Leshan Loonena Naisho
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