Kenya Financial News

Kenya's public hospital doctors union has called off a national strike that had left patients in limbo for almost two months

Kenya says the Republic of Congo's military has released two Kenya Airways staffers who were detained for two weeks in a cargo dispute

Kenyan President William Ruto announced a major policy shift in the country’s approach to cryptocurrency on May 3, revealing that his government has appointed U.S.-based Bitcoin mining company Marathon Digital as its consultant.

New Delhi: India on Monday permitted export of 14,000 million tonnes of non-basmati white rice to Mauritius, the Directorate General of Foreign Trade (DGFT) said in a notification. “The export of 14,000 MT of Non-Basmati White Rice to Mauritius has been permitted through National Cooperative Exports Limited (NCEL),” the DGFT said. In July 2023, the government had prohibited the export of non-basmati white rice but it had said exports would be allowed on the basis of permission granted to other countries to meet their food security needs and based on requests from those countries.

Tanzania's meteorology department says Cyclone Hidaya has significantly weakened as it approaches Tanzania’s coastline

The Binance Nigerian money laundering trial against the crypto exchange and its two executives, Nadeem Anjarwalla and Tigran Gambaryan, has been postponed to May 17, Thursday media reports confirm.

African climate-tech startups are increasingly raising money from private sources, but while those funds for climate solutions are growing, a huge gap remains in meeting the actual financial needs for climate action in Africa

Vice President Garba Umar from the Nigerian Central Bureau (NCB) of the International Criminal Police Organization (INTERPOL) for Africa confirmed on Tuesday that the extradition papers for escaped Nigeria Binance exec Nadeem Anjarwalla have been finalized.

Kenya is initiating efforts toward crypto regulation, with the government forming a multi-agency team that includes the central bank.

Nadeem Anjarwalla, a Binance executive  facing charges in Nigeria who escaped from custody , was recently apprehended in Kenya after fleeing custody while awaiting extradition. Government sources familiar with the matter revealed that Anjarwalla’s arrest came after a concerted effort by law enforcement agencies from Nigeria and Kenya.

In a remote region of Kenya, a group of  Bitcoin  miners has found an innovative way to power their operations and bring electricity to rural homes. 

Lok Sabha Elections 2024 Phase 1 Polling: Live updates Nigeria's regu

Binance  has  been actively  engaged  in close cooperation  with Nigerian authorities following the detention of its head of financial crime compliance. 

The world installed 117 gigawatts of new wind power capacity in 2023, a 50% increase from the year before, making it the best year for new wind projects on record, according to a new report by the industry’s trade association

The Nigerian government has traced the whereabouts of Nadeem Anjarwalla, a high-ranking executive of Binance, to Kenya. 

A public hospital in Kenya’s capital, Nairobi, has laid off 100 doctors who are taking part in a nationwide strike for almost one month

Dammu Ravi, secretary, economic relations in the MEA, will visit Rwanda, Uganda and Kenya from April 7-12, as a «reaffirmation of India's commitment» to further strengthen its ties of friendship with the three African countries. The Ministry of External Affairs, in a statement on Saturday, said the visit seeks to «maintain the momentum of high-level contacts» between India and countries in Africa, post the entry of the African Union (AU) as a permanent member of the G20 during the Indian Presidency of the grouping. In Rwanda, he will represent the government of India, in an event marking «the 30th commemoration of the 1994 Rwanda Genocide (Kwibuka 30)» on Sunday, the MEA said. During the visit, he is also expected to hold meetings with ministers and senior officials of the government of Rwanda, the external affairs ministry said in a statement.

The Nigerian government and the International Criminal Police Organization (Interpol) have commenced a concerted plan to extradite Binance Chief Nadeem Anjarwalla who escaped from detention on March 22, 2024.

Spain’s privacy watchdog has ordered for Worldcoin, the company created by OpenAI CEO Sam Altman that scans eyeballs to make digital IDs in exchange for cryptocurrency, to cease its operations in the country for three months amid concerns over what it is doing with users' personal information.

Authorities in Nigeria say an executive of global cryptocurrency exchange Binance has escaped custody in the West African nation where a criminal investigation has been launched against the platform accused of being used for money laundering

Binance's regional manager for Africa, British-Kenyan Nadeem Anjarwalla, was detained alongside colleague Tigran Gambaryan by the Nigerian government in late February.While the two executives were not charged with any crime, the government demanded almost $10 billion in compensation from the cryptocurrency firm, accusing it of manipulated foreign exchange rates through currency speculation and rate-fixing.The central bank governor Olayemi Cardoso said Binance Nigeria had moved $26 billion worth of untraceable funds.A presidential spokesman has now told Bloomberg that Anjarwalla has escaped from the guest house where he was being detained. Amid speculation that he has fled the country, Nigerian is working with Interpol to secure an international arrest warrant for him.A Binanance spokesperson has told CNBC: "We were made aware that Nadeem is no longer in Nigerian custody.