AGP Executive Report
Last update: 7 hours agoManufacturing: Caparol and Kenyan partner Nasib Industrial Products plan to double local production, positioning Kenya as a supply hub for East Africa. Fuel and Inflation: Standard Investment Bank warns higher global fuel costs and borrowing rates could lift inflation, widen the current-account deficit and push up local interest rates. Health and Business: Kenya’s Ebola count has reached eight; some businesses report customer cancellations ahead of peak season, though authorities say travel and trade remain unrestricted. Finance: A firm linked to Musalia Mudavadi is set to pay Absa about Sh3 billion for stakes in two insurance companies. Innovation: Two Kenyan AI startups won about Sh1.3 million in funding each? Correction: they received about Sh645,000 apiece and will present their healthcare and education tools at a global summit in Türkiye. Agriculture: A milk shortage is renewing calls to address gaps in dairy policy and help farmers increase production.
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