Over 160,000 Kenyans sign online petition saying previous loans to East African country lost in corruption

[imgalign=rightwidth=150]https://www.businessdailyafrica.com/resource/image/3327864/landscape_ratio16x9/1160/652/3af6d85abcac451a25221b2cb44578ed/sb/betty-maina1.jpg[/img]
The Biden administration will review bilateral trade negotiations and targets that ex-President Donald Trump regime made with Kenya last year over a potential free trading deal.

[imgalign=rightwidth=150]https://www.businessdailyafrica.com/resource/image/2172846/landscape_ratio16x9/1160/652/7d12478208de709f134c5fa0b1742a1b/eR/nai.jpg[/img]
Kenya is the most attractive destination for Japanese firms seeking to make new investments in Africa, a survey has shown, beating the continent’s larger economies like South Africa and Nigeria.

The World Bank has predicted that Kenya’s economy will be among one of the fastest to recover in 2021, post Covid-19 pandemic.

The Biden administration's plans to review foreign trade policy and refocus it on America's economic recovery have thrown long-running free trade negotiations with Kenya into disarray.

The Kenya Interior Ministry's announcement last week of its intention to close two major camps has increased uncertainty for hundreds of thousands of refugees, leaving many of them distraught.

Considering a hard year that Kenya has had due to the existing financial constraints and the added pressure of the coronavirus pandemic, the IMF has approved a $2.34 billion aid package for the country.

Today, the Republic of Kenya has joined The Canada-Africa Chamber of Business (www.CanadaAfrica.ca) as a full member of the 27-year-old organization, committed to accelerating Canada-Africa trade and investment.

Kenya’s exports to key markets in Africa rose to an eight-year high in 2020, provisional international trade data show, defying delays at border points caused by efforts to stem the spread of the global coronavirus pandemic.

[imgalign=rightwidth=150]https://www.theeastafrican.co.ke/resource/image/3306494/landscape_ratio16x9/1160/652/8e07ba60c4e31d0fe9e2b8a0c78e8df3/CZ/mathuki.jpg[/img]
Dr Peter Mathuki, the Executive Director of the East African Business Council, who was on February 27, 2021 appointed secretary-general of the East African Community.

In the first formal telephone call with President Uhuru Kenyatta since he took charge, Mr Biden pledged a lasting partnership, and a focus on regional peace and stability, taking advantage of Kenya’s membership of the UN Security Council

Kenya has tapped top-level international lawyers in order to lead the maritime case against Somalia that has been ongoing for more than six years.

Kenya was scheduled to pay 27 billion shillings ($245 million) to China from January through June. The announcement of delayed payment came a week after the Paris Club of creditors agreed to delay $300 million in payments by the government of East Africa’s biggest economy.

The three-year deal is aimed at supporting the country’s response to the coronavirus pandemic

Kenya will raise its debt ceiling of Sh9 trillion to accommodate gaps in its expenditure needs amid underperforming tax collections, the National Treasury has said, confirming reports that emerged from corridors of Parliament early January.

Kenya’s deep waters are currently being exploited by foreign industrial fishing vessels due to challenges facing local artisanal fishermen.

The decision by the British Parliament to delay the ratification of a new trade deal between Kenya and the UK is a wake-up call to negotiators to seek consensus among all parties likely to be affected by the pact.

Kenya will host the Dubai Week in Africa 2021 this week as the country looks to build trade relations with the UAE.

Kenyan soldiers arrive at the scene of a bomb attack claimed by Shabaab militants in Mandera in 2016. The county of Mandera is increasingly coming under the control of Al-Shabaab, the area's governor warned recently.

The Expeditionary Sea Base USS Hershel “Woody” Williams (ESB 4) arrived in Mombasa, Kenya for a port visit, February 8, 2021, in support of its 2021 African coast deployment.