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Evolving Partnership Between China and Kenya Business

Evolving Partnership Between China and Kenya

  • October 3, 2024
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China’s 75th anniversary on October 1, 2024, highlighted its impressive transformation and global influence. For Kenya, China is evolving to be a crucial partner, standing as its biggest trading ally and a key player in development. The partnership has grown through efforts like the Belt and Road Initiative (BRI) and the Forum on China-Africa Cooperation […]

U.S. Plans Ban on Chinese Systems in Cars World

U.S. Plans Ban on Chinese Systems in Cars

  • September 23, 2024
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The U.S. Commerce Department plans to ban Chinese software and hardware in cars due to national security concerns. Two sources told Reuters about the proposal. The government fears Chinese companies will collect data and potentially control internet-connected vehicles. This ban targets Chinese vehicles with critical communication or driving systems. It escalates U.S. restrictions on Chinese […]

UN Assembly Intensifies Peace Efforts Amid Global Tensions World

UN Assembly Intensifies Peace Efforts Amid Global Tensions

  • September 14, 2024
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The UN is stepping up its peacekeeping efforts despite growing global divisions. Philemon Yang, the new president of the General Assembly, noted the increasing rift between the US and its Western allies, and Russia, often backed by China. These tensions are hampering peacekeeping missions and the UN’s broader goals for global security. At the 79th […]

China Pledges Sh6.5 Trillion to Boost Africa’s Development World

China Pledges Sh6.5 Trillion to Boost Africa’s Development

  • September 6, 2024
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Chinese President Xi Jinping announced a 10-point action plan to strengthen China’s partnership with Africa. This plan will span the next three years. It focuses on key areas like industrialization, agriculture, trade, and investment. It also includes infrastructure development and increasing Africa’s access to the Chinese market. The plan will launch 30 infrastructure projects and […]

Kenya Joins China-Led AIIB to Secure Long-Term Funding Business

Kenya Joins China-Led AIIB to Secure Long-Term Funding

  • September 4, 2024
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Kenya has joined the China-led Asia Infrastructure Investment Bank (AIIB) to secure more long-term funding. The country faces financial challenges after the withdrawal of the Finance Bill 2024. President William Ruto announced the membership after meeting AIIB officials in Beijing. The AIIB was created as an alternative to the US-backed IMF and World Bank. Through […]