Obama Means Business During Africa Trip
This is only Obama’s second trip to sub-Saharan Africa, after he made a brief stop in 2009 in the West African nation of Ghana. There, he spoke about the importance of democracy.
This time, his focus is different. The president is expected to talk about economic growth,
Kenya to seek $1bn on world markets
Kenya is seeking a lead manager for its first sovereign bond sale in which the government targets raising $1 billion to fund infrastructure development in East Africa’s largest economy.
The country is also seeking expressions of interest for lead-counsel services
Morocco signs trade pact with Kenya
The Morocco government, earlier this week, held closed door discussions with senior Kenya government officials in an effort to overcome barriers of trade between the two sea-port endowed countries. The talks, lasting an hour, were held in the sidelines of a business
WB survey ranks Kenya highly
Kenya has been ranked top out of 40 countries in Africa in improving policies and institutions for growth and poverty reduction by the World Bank.
The country overall score stood at 3.9 in 2012 which was the highest among 40 states, and reflects an improvement over a score
