Kenya Touts Its Economic Climate to Double Foreign Investment
'We believe next year we can double our annual FDI numbers, going by the current run-rate,' Chief Executive Officer John Mwendwa said in an interview last week, pointing to agriculture, manufacturing and business processes outsourcing as sectors it would prioritize.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Verge
an hour ago
- The Verge
Apple cuts a deal for recycling rare earth magnets in the US
Apple has announced a $500 million investment in MP Materials, a rare earth mining company based in the US. With the deal, the two companies will partner on the development of a rare earth magnet recycling line in Mountain Pass, California, allowing Apple to use reprocessed electronics and scrap material to build its products. The partnership is part of Apple's commitment to spend $500 billion in the US over the next four years. Since coming into office, President Donald Trump has pressured Apple to build its iPhone in the US, which isn't exactly viable. In May, Trump threatened Apple with a 25 percent tariff on iPhones and criticized the company's move to expand production in India. Apple has worked with MP Materials for almost five years to pilot the new recycling technology, though the companies haven't shared any details about when the initiative will kick off. The new deal with MPMaterials also involves expanding the rare earth company's Fort Worth, Texas factory with neodymium magnet manufacturing lines designed for Apple products. The two companies say this will help MP Materials boost production, as well as enable the shipment of American-made magnets across the US and the world, beginning in 2027. MP Materials expects production to 'ramp up to support hundreds of millions of Apple devices.' It will also continue collaborating with Apple to improve magnet production and end-of-life recovery. The partnership comes just months after MP Materials announced a deal with the Saudi Arabian Mining Company to establish an alternative to China's dominant rare earths supply chain, which was put at risk due to Trump's tariffs. The US and China have since signed onto a rare earths export deal. 'Rare earth materials are essential for making advanced technology, and this partnership will help strengthen the supply of these vital materials here in the United States,' Apple CEO Tim Cook said in the press release. 'We couldn't be more excited about the future of American manufacturing, and we will continue to invest in the ingenuity, creativity, and innovative spirit of the American people.'
Wall Street Journal
2 hours ago
- Wall Street Journal
Dave & Buster's Entertainment Names Yum Brands Executive as CEO
Dave & Buster's Entertainment PLAY -0.68%decrease; red down pointing triangle named Tarun Lal as chief executive officer, bringing in a fast-food restaurant executive to boost the arcade-restaurant operator's performance. Lal, who also joined the board, has over 25 years of experience at Yum Brands YUM -1.75%decrease; red down pointing triangle, including most recently serving as president of KFC U.S.
Associated Press
2 hours ago
- Associated Press
CFD Companies' Support of Social Media Marketing Validated by Adviser Appearance at Jolt! Conference
KOKOMO, Ind., July 15, 2025 (SEND2PRESS NEWSWIRE) — CFD Companies' efforts to support adviser marketing were validated recently when CFD affiliated financial adviser Rachael Camp was a featured panelist at the 2025 Jolt! Conference. Social media marketing remains prohibited at many financial services firms, but CFD has calculated that the extra regulatory burdens are a part of providing exceptional service to CFD affiliated financial professionals. 'There is significant effort by the home office to maintain an environment where our financial professionals can leverage modern marketing without stepping out of line. It's not easy, but we never want to be a reason why our advisers and professionals struggle to grow their business,' said Brent Owens, President of CFD Companies. The Jolt! Conference is a three-day event hosted by marketing firm Snappy Kraken. As a featured panelist, Ms. Camp shared her experiences using digital tools to foster connections and business growth. The success she has achieved in just three to four years on the platform X (formerly Twitter) is remarkable. Reflecting on her relationship with CFD, Ms. Camp said, 'The encouraging thing to me is that it's clear that CFD wants to be a partner in my growth, both professionally and personally. I'm sure I could ask for things where the answer might be 'no,' but my experience has generally been, 'Well that's interesting, let's look at the regulation and figure this out.'' Camp will also be taking the main stage at CFD Companies' annual fall conference this September. The conference is expected to draw over 250 financial advisers who wish to foster growth and innovation. It is also open to non-CFD advisors who are serious about practice growth. It will take place in CFD's home office auditorium. There is no charge for financial advisers to attend, but space is limited. About CFD Companies CFD Companies is home to a fully independent Broker/Dealer and RIA that believes individuals are best served by a financial professional who possesses the freedom to implement personalized planning and investment strategies. The CFD Companies operate on the premise that an adviser's Broker/Dealer and RIA should act as a partner and resource network, empowering adviser-client relationships through trust, innovative support and a shared commitment to mutual growth. To learn more about that commitment and the future of your business in partnership with CFD, visit MEDIA CONTACT: Zachary Covert 800-745-7776 [email protected] LOGO link for media: NEWS SOURCE: CFD Companies Keywords: Advertising and Marketing, CFD Companies, financial advisers, adviser marketing, Social Media Marketing, Jolt! Conference, Brent Owens, Broker/Dealer and RIA, KOKOMO, Ind. This press release was issued on behalf of the news source (CFD Companies) who is solely responsibile for its accuracy, by Send2Press® Newswire. Information is believed accurate but not guaranteed. Story ID: S2P127707 APNF0325A To view the original version, visit: © 2025 Send2Press® Newswire, a press release distribution service, Calif., USA. RIGHTS GRANTED FOR REPRODUCTION IN WHOLE OR IN PART BY ANY LEGITIMATE MEDIA OUTLET - SUCH AS NEWSPAPER, BROADCAST OR TRADE PERIODICAL. MAY NOT BE USED ON ANY NON-MEDIA WEBSITE PROMOTING PR OR MARKETING SERVICES OR CONTENT DEVELOPMENT. Disclaimer: This press release content was not created by nor issued by the Associated Press (AP). Content below is unrelated to this news story.
