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Top related persons:
Kalya Kiptiony - 2 Lensa Omune - 2 Timothy Njagi Njeru - 1 Dr Abraham Korir SingOei - 1 William Ruto - 1 Volodymyr Zelenskyy - 1 Russia's - 1 Dr Njeru - 1
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East Africa Ukraine Kenya Nairobi Russia Africa Russian Horn
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International Food Policy Research Institute - 2 Insider Studios - 2 Foreign - 2 Commonwealth & Development Office - 2 Tegemeo Institute - 1 Kenyan - 1 Initiative - 1 Kenya's Ministry of Foreign - 1

Search resuls for: "Lensa Omune"


2 mentions found


☆ Kenya pays high price for Russia's war in Ukraine
  + stars: | 2024-02-27 | by ( Sponsor Post | Sponsored Foreign | Commonwealth | ) www.businessinsider.com   time to read: +6 min
Reliable and affordable food and commodity imports are more important to a net food importer like Kenya than to some other countries. Perhaps more importantly, a critical part of the world's food supply system remains disrupted, undermining food security and raising the underlying costs of cross-border trade. The governments of Kenya and Ukraine are also working together on food security. Meanwhile, Russia's own efforts to play a part in rebuilding food security have been more a public relations exercise than real action. Although Russian sources have claimed that such shipments have begun, there is still little evidence of Russian food aid arriving in Africa.
Persons: Timothy Njagi Njeru, Kalya Kiptiony, Dr Abraham Korir SingOei, William Ruto, Volodymyr Zelenskyy, Russia's, Dr Njeru, Lensa Omune Organizations: Tegemeo Institute, Kenyan, Initiative, Kenya's Ministry of Foreign, Diaspora Affairs, International Food Policy Research Institute, Insider Studios, Foreign, Commonwealth & Development Office Locations: East Africa, Ukraine, Kenya, Russian, Nairobi, Russia, Africa, Horn, Port, Mombasa
☆ How global instability is affecting the cost of fuel in Kenya
  + stars: | 2024-02-19 | by ( Sponsor Post | Sponsored Foreign | Commonwealth | ) www.businessinsider.com   time to read: +5 min
It was clear that the war could significantly damage the Kenyan economy, as the country is almost entirely dependent on imports for its conventional fuel supply. But the extent of the damage caused by Russia's invasion of Ukraine to Kenya's economy is now clearer than ever. Kalya Kiptiony, investment analystFuel is Kenya's economic lifebloodAfter the start of the war, the price of fuel in Kenya rose, on average, 7.6% every month. Although Kenya gets most of its oil from the Gulf, Russia's invasion of Ukraine led to a spike in fuel prices worldwide. In a report late last year, the UN described just how factors like drought, inflation, and fuel and food price rises are combining to undermine livelihoods in Kenya.
Persons: Lensa Omune, Kalya, Kalya Kiptiony Organizations: International Food Policy Research Institute, Central Bank, IMF, UN, Insider Studios, Foreign, Commonwealth & Development Office Locations: Russia, Ukraine, Kenya, Nairobi, East Africa, Africa, Europe
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