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Trade and Investment

EALA holds key to regional integration,says President Kenyatta

By Kazungu Chai (PSCU)

President Uhuru Kenyatta has urged the East African Legislative Assembly (EALA) to do all it can to keep the integration process truly people-centred.President Kenyatta addresses EALA members in Nairobi TuesdayPresident Kenyatta addresses EALA members in Nairobi Tuesday

He said the Assembly holds the key to the well-being of the East African Community, adding that integration is on course.

African and Arab leaders declare war on terror

By Kobia Mwirichia (PSCU)

African and Arab countries that gathered in Kuwait for the Arab/Africa Summit have declared total war on terrorism.African and Arab leaders who met in Kuwait WednesdayAfrican and Arab leaders who met in Kuwait Wednesday

In a communique at the end of the 3rd Arab/Africa Summit at the Bayan Palace in Kuwait City, the Heads of State and Government agreed to exchange intelligence to combat terrorism and other international crimes.

President Uhuru Kenyatta seeks Arab nation’s help in oil exploration

By Kobia Mwirichia and Agencies.

President Uhuru Kenyatta has reached out to the Arab nations to support his government in exploiting the recently discovered natural resources, including oil found in Turkana.President Uhuru Kenyatta (right) seeks help in oil exploration  President Uhuru Kenyatta (right) seeks help in oil exploration

He said Kenya had discovered economically viable reserves of natural resources, among them underground fresh water, coal, oil and natural gas which will be exploited for the benefit of all Kenyans.

Kenya gets sh850 million for cash transfer programmes

By Ben Kinyanjui

The World Bank has given Kenya US$10 million (Sh850 million) to expand the Cash Transfer for Orphans and Vulnerable Children Project.HIV/AIDs has left thousands of children orphaned across the countryHIV/AIDs has left thousands of children orphaned across the country

The initiative that is already supporting 153,000 selected Kenyan household’s through regular cash transfers.

President Kenyatta supports EAC integration

By Kazungu Chai


President Uhuru Kenyatta has allayed fears that the East African Community (EAC) could be headed for a collapse following the coming together of Rwanda, Uganda, Kenya and South Sudan in infrastructure development.Presidednt Kenyatta(centre) says EAC growing strongerPresidednt Kenyatta(centre) says EAC growing stronger

The President said contrary to the rumours propagated by enemies of the regional bloc’s unity, all the five East African Community member States are committed to integration.

Poverty and inequality remain high in Africa despite growth

 

By TF News Reporter

Economic growth in Sub-Saharan Africa (SSA) remains strong with growth forecasted to be 4.9 per cent in 2013, says the World Bank. World Bank Vice president for Africa Makhtar Diop says poverty is still high despite growthWorld Bank Vice president for Africa Makhtar Diop says poverty is still high despite growth

Almost a third of countries in the region are growing at six per cent and more, and African countries are now routinely among the fastest-growing countries in the world, according to the World Bank’s new Africa’s Pulse, a twice-yearly analysis of the issues shaping Africa’s economic prospects.

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