United States President Donald Trump has cancelled five large contracts and grants in Kenya totalling $251.5 million (Sh32.5 billion). Mr Trump terminated three USAID contracts in Kenya totalling Sh28.36 billion ($219.5 million) and two grants totalling Sh4.2 billion ($32.72 million), according to disclosures made in court documents. In the upcoming weeks, more terminations are anticipated…...
Trending
- Mr. BABA MALICK BA appointed regional director at the Abidjan office of the ECOWAS bank for investment and development
- Morocco: 6.1% increase in consolidated profit of LabelVie group in 2025
- DRC: General Cobalt Company prepares its first deliveries via the Lobito Railway
- Senegal: Petrosen Trading & Services dismissed in face of Allianz Assurances
- Tunisia: decline in production and turnover of Alkimia Chemical Company in 2025
- South Africa: Santam strengthens its governance with three new appointments
- Andry Rajoelina is at the center of diplomatic tensions between Madagascar and Eswatini
- Cameroon: Standoff over scanning weakens the Port of Douala
Kenya’s $252 million contracts, grants purged in USAID axe
©DR
Muthoga Mungania
Muthoga Mungania is an award-winning, Nairobi-based multimedia journalist covering economic, corporate, financial, tech and investor relations matters among other business stories. Muthoga is seasoned in data and market analysis, corporate finance, and economic trends, making them a trusted voice in East African business journalism, communications and consultancy.
Add A Comment
About us
Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
Contact us: redaction@financialafrik.com