Worldcoin, a blockchain project by Sam Altman, saw a 7% surge after Kenya halted its investigation into the project's data practices. Trading volume surged 74% to $275 million, indicating heightened investor interest. The project had faced scrutiny for potential data misuse. Worldcoin's tokens are issued by verifying users' identities via iris scans.
Kenya's President William Ruto is actively pursuing trade agreements with South Korea, aiming to enhance collaboration in sectors like technology, healthcare, and agriculture. These discussions come in the wake of a South Korean delegation's visit to Kenya, aiming for mutual growth and stronger economic ties.
The Energy & Petroleum Regulatory Authority (EPRA) has updated fuel prices in Kenya for May and June 2024. Super Petrol, Diesel, and Kerosene will see reductions in their retail prices. These changes have been influenced by global market conditions and adjusted taxes.