Kenya Archives - Ethio Negari

04 Sep

First African Climate Summit kicks off in Nairobi, Kenya

ethionegari@gmail.com0 CommentsBusiness, Environment, News, PoliticsACS2023, AddisAbaba, Africanclimatechangesummit, Climatechange, EthioNegari, Ethiopia, Kenya, Nairobi

A climate conference has begun in Nairobi to discuss the future of the African continent, which has been plagued by drought and barrenness. The conference, which is hosted by Kenya, to be held for three days from today. More than 20 African leaders, ministers, delegates and climate change advocates from many countries will participate in the conference. Countries like Ethiopia, Somalia and Kenya have experienced the worst drought in 40 years. As a result, a food security crisis has occurred in the Horn of Africa and other African countries, about 10 million animals died. According to the African Development Bank,…

25 Aug

Kenya Commences to Build a railway from Lamu port to Addis Ababa

ethionegari@gmail.com0 CommentsBusiness, News, PoliticsAddisAbaba, EthioNegari, Ethiopia, Juba, Kenya, Kibaki, Lamuport, Lapsset, Meleszenawi, Moyale, Railwaytransport, Salvakir, SouthSudan

Kenya Commences to Build a railway from Lamu port to Moyale-Addis Ababa Kenya has announced that it is going to build a railway line connecting Ethiopia for $14 billion. Bloomberg reports that the electric-powered railway will connect Ethiopia and South Sudan from Lamu Port in the Indian Ocean. This railway line will start working in the year 2025 and will be 3,000 km long. The railway line will start from the Indian Ocean, through Osiolo, Kenya's central city, connecting Nairobi and Addis Ababa, and will make its final destination in Juba, South Sudan. This high-speed rail line is about to…

31 Jul

Kenya agrees to send 1,000 policemen to Haiti

ethionegari@gmail.com0 CommentsNews, PoliticsAnthonyblinken, EthioNegari, Ethiopia, Haiti, Kenya, UN, US, Williamruto

Haiti, one of the poorest countries in the world, is one of the most unstable countries in the Caribbean. Haiti is home to dangerous drug traffickers, gangsters, rapist and even the country's president was killed by gangs two years ago. Currently 80 percent of the country is under the control of gangs where extortion, kidnapping and robbery are openly committed, according to the United Nations. Following the UN's recent call to support Haiti, many countries are pledging their support. Among these countries, Kenya has announced that it has agreed to send one thousand policemen to Haiti. In addition to sending…

14 Jun

Kenyan president urges Africans to join de-dollarization

ethionegari@gmail.com0 CommentsNews, PoliticsAddisAbaba, dedolarization, Djibouti, EastAfrica, EthioNegari, Ethiopia, IGAD, Kenya, Williamruto

Kenya has asked African countries to start trading in their own currency when doing business with each other and exchanging services. Kenyan President William Ruto, who headed to Djibouti for the IGAD summit, called for Africa's dependence on the dollar to end. “Why do we buy goods from Djibouti and pay in dollars? why? "There is no reason," said President Ruto, adding that neither Djibouti nor Kenya need to use the US dollar when doing business with each other. “We are not against the US dollar, "But because we want to trade freely," he said about the importance of the…

10 Jun

Ethiopian and Kenyan athletes won Paris Diamond League

ethionegari@gmail.com0 CommentsNews, sport, SportsAddisAbaba, EthioNegari, Ethiopia, Kenya, Parisdiamondleague

Ethiopian and Kenyan athletes won Paris Diamond League with new records. New records were recorded at two different distances at the Paris diamond league. The Paris Diamond League competition was held last night and Ethiopian and Kenyan athletes won. Ethiopian athlete Lemecha Girma broke the 3000 steeplechase record that had been held for 19 years and won. It was the second record in a month for Lemecha, who had before the competition that he would break the record. When the athlete won with a time of 7:51:11, the other Ethiopian, Abraham Seme8:10:73 personal best time and finished with 4th place.…

07 Apr

Kenya named as Ethiopia’s Highest electricity buyer

ethionegari@gmail.com0 CommentsBusiness, Environment, News, PoliticsAddisAbaba, EastAfrica, electricity, EthioNegari, Ethiopia, Kenya, powerdeal

Kenya becomes the first country in purchasing high amount of electricity from Ethiopia in a single month. The amount of energy that Kenya purchased in January is highest in Ethiopia's power deal history. Kenya bought more electricity because of the severe drought that, and the power generation dams have dried up. According to data from the Kenya Bureau of Statistics, the country installed 68.48 million kilowatts of electricity last January. After the two countries agreed to trade electricity at a discount price, when the Great Ethiopian Renaissance Dam is completed. Kenya has imported 39 million units of energy from Ethiopia…

01 Apr

Kenya bank decides to buy bank stakes in Ethiopia

ethionegari@gmail.com0 CommentsBusiness, News, PoliticsAddisAbaba, BankinginEthiopia, EthioNegari, Ethiopia, Foreignbanks, KCB, Kenya, Kenyabanks

Kenya comercial bank (KCB) Group, headquartered in Nairobi, Kenya, is evaluating options to enter the market by buying shares from banks in Ethiopia. East Africa's largest bank, KCB, is active in the banking industry in Burundi, Rwanda, South Sudan, Tanzania and Democratic republic of Congo, as well as Kenya. This bank has now decided to buy shares in Ethiopian banks. However, it is not clear which Ethiopian bank the Kenyan bank has decided to buy shares from. Lawrence Kimati, the bank's finance director, stated that during his interview with Business Daily Africa, the bank had surveyed the Ethiopian banking market.…

31 Mar

Ethiopia needs more than $700 million to support drought affected citizens

ethionegari@gmail.com0 CommentsEnvironment, News, PoliticsAddisAbaba, drought, EthioNegari, Ethiopia, IGAD, Kenya, Somalia

IGAD requested more than two billion dollars for drought affected areas in East Africa. Due to the drought in Ethiopia, Kenya and Somalia, more than 2.68 billion dollars are needed to increase key support in the next four months, the East African Intergovernmental Organization for Development (IGAD) announced. IGAD has called for an urgent humanitarian response to provide basic needs such as water, food and fodder to rescue drought-affected areas. The drought in the areas of the three countries which received below average rainfall during five consecutive rainy seasons has left many people without food. Secretary General of the organization,…

24 Mar

Ethiopia grants mobile money license to Safaricom

ethionegari@gmail.com0 CommentsBusiness, News, TechnologyAddisAbaba, EthioNegari, Ethiopia, EthioTelecom, Kenya, Mobilemoney, Moneytransfer, Mpesa, Nationalbankofethiopia, Safaricom, Safaricomethiopia, Telecom

National bank of Ethiopia grants mobile money license to Safaricom National Bank has announced that it will soon give license for mobile money transfer to Safaricom The National Bank has stated that Safaricom Ethiopia, which has obtained the first private telecom service license in Ethiopia, will soon be granted a license to provide mobile money transfer services. National Bank Governor Mr. Mamo Mehretu said that the government is taking various measures to modernize and strengthen the financial sector. He also mentioned that non-banking telecommunication companies, fintech and payment agents have been invited to participate in the payment service sector. Mr.…

08 Mar

Ethiopian detainees are on hunger strike in Kenya

ethionegari@gmail.com0 CommentsNews, PoliticsAddisAbaba, Detainees, EthioNegari, Ethiopia, Hungerstrike, Kenya, Migrants, Refugees

21 Ethiopians are on hunger strike in Kenya 21 Ethiopians detained at a police station in Kenya have been on hunger strike since last February 2023. The prisoners started the hunger strike that the implementation of the decision was delayed even though it was decided by the court to return to their country. On February 10, 2023, the detainees who were detained by the police in an area called Juja Kiambu were ordered by the court to return to Ethiopia, but the police officers have not yet completed the paperwork for the detainees to return to their country. The detainees…