Nine Egyptian men are due to appear in court in Greece following the sinking of a trawler last week that carried hundreds of migrants. Seventy-eight people are confirmed to have died in the disaster but hundreds more are feared to have drowned.
The EU is one of Kenya’s biggest export marketsKenya and the European Union have signed a trade deal which, once ratified, will give Kenya tariff-free access to the EU market.
This should mean that Kenyan goods would be cheaper for European consumers, which could increase exports and create more jobs in Kenya. The deal is expected to enhance Kenya's economic development, with President William Ruto saying it"will stimulate Kenya's manufacturing and export of finished, value-added products out of Kenya".
Trade Minister Moses Kuria termed it a “proud moment” for the country, after signing the EU-Kenya Economic Partnership Agreement with EU Trade Commissioner Valdis Dombrovskis. The EU is one of Kenya’s biggest markets and sells about one-fifth of all its exports there - these are made up of mostly agricultural products including vegetables, cut flowers, tea and coffee.An EU statement noted that this was a balanced agreement, as it considers “Kenya's development needs by allowing it a longer period to gradually open its market”.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Moniepoint fintech in advanced acquisition talks in Nigeria, Kenya - The Africa Report.comNigerian fintech Moniepoint is in advanced discussions over acquisitions in its domestic market and in Kenya, CEO Tosin Eniolorunda tells TheAfricaReport.
Read more »
South Africa: Transnet CEO Portia Derby says terminal operator partner is chosen - The Africa Report.comTransnet, South Africa’s utility that runs port and freight-rail operations, has settled on an “international terminal operator partner” as the beleaguered state company hopes to carve out private sector partnerships to turn its fortunes around.
Read more »
Africa: The View(s) From Africa - What to Make of the Bonn Climate Talks?Analysis - We gathered a diverse panel to break down the significance and outcomes of the crucial pre-COP28 meeting for Africa.
Read more »
EU, Kenya to announce trade deal: EU officialsThe European Union and Kenya are set to announce a trade deal on Monday, EU officials said.
Read more »
Kenya: Gold Fraud - the Goldenberg Scam That Cost Kenya Billions of Dollars in the 1990s - and No One Was JailedAnalysis - The Goldenberg scandal in the early 1990s is Kenya's largest documented gold fraud. The scheme involved Goldenberg International Limited, which pretended to export gold and diamonds, and in exchange received substantial subsidies from the government for "earning" foreign exchange. Kenyan businessman Kamlesh Pattni - who was at the centre of the scandal and was charged with fraud but eventually acquitted - was recently named in a new investigation into gold fraud. This time his operation is allegedly being
Read more »