Thursday, February 29, 2024

Economic Responsibility

Kenya’s Treasury Allocates $93mn for Geothermal Energy Projects

Kenya has allocated $93 million (Sh9.3 billion) for development of geothermal energy in the 2020/21 financial year starting next month. Treasury minister Ukur Yatani announced...

Social Enterprises as Driver for Job Creation in Kenya

I recently participated in a global webinar on how small and medium-sized enterprises (SMEs) can future proof their businesses in the wake of the...

Solar Records Steepest Price Drop Among Renewables

Solar energy costs have dropped by the steepest margin in the last 10 years among renewable sources, even as hydropower recorded an uptick. The price...

Angola, Uganda Add Largest Hydropower Capacity In Africa

Angola last year added the largest capacity to its hydropower stock in Africa, followed by Uganda and Ethiopia. Angola added 334 megawatts (MW) of hydropower...

Why Vision 2030 Needs A Makeover

When Vision 2030 development blueprint was designed in 2008, I can bet the architects never anticipated an economic slowdown of the magnitude we expect...

Revealed: 70pc Of Sub-Saharan African Countries Apply For World Bank Loans Amid Covid-19 Crisis

At least 70 percent of sub-Saharan African economies have approached the World Bank for loans to finance their budget shortfalls as the Covid-19 crisis...

Kenya Gets $1bn World Bank Loan

The World Bank has approved release of $1 billion loan towards meeting Kenya’s budget shortfalls as the country battles multiple crises – Covid-19, desert...

Poor Human Capital Holds Back Growth Dividend

On a scale of one to 10, how best is Kenya putting its population to economic use? In other words, how does the country...