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Top Nairobi Business Monthly News
Lula Da Silva · BrazilCOP30 climate talks in Belem, Brazil, concluded with nearly 200 nations agreeing to cut emissions and boost climate action. New platforms were established to aid implementation. Adaptation funding for developing nations saw a commitment to triple. Despite geopolitical hurdles, the deal marked progress. Discussions on fossil fuels and finance were central.See the Story
COP30 Ends with Modest Climate Gains Amid Global Tensions
67% Left coverage: 3 sources
Business · NairobiNairobi -- President William Ruto has said the newly established National Infrastructure Fund will be central to financing Kenya's next phase of development, signalling a shift away from heavy borrowing and rising tax pressures.See the Story
Kenya: Ruto Pitches Infrastructure Fund As Key to Financing Kenya's Growth Without New Deb
100% Center coverage: 1 sources
Tororo · TororoWhen Kenya-based steel miller Devki Group broke ground in Tororo, Uganda, on November 23, it signalled that demand for steel products is already substantial across East Africa. The USD 500 million mega project (Sh65 billion), scheduled for completion by the end of 2027, will raise Devki’s total regional investment to USD 1.1 billion. Billionaire industrialist Narendra Raval, the founder and chairman of Devki Group, is tightening his grip on the …See the Story
