(NAIROBI, KENYA) – Kenya is set to break ground for the much anticipated KES 2.2 trillion ($15 billion / GBP 12 billion) East Africa oil refinery in Lamu by Nigerian billionaire Aliko Dangote on 30th September. On Wednesday, Deputy President Kithure Kindiki chaired a high level inter ministerial and interContinue Reading
(NAIROBI, KENYA) – Kenya’s electricity market is entering a new phase after large power consumers gained the right to buy directly from independent generators, ending a decades-long arrangement in which Kenya Power acted as the sole gateway between producers and consumers. The Energy (Electricity Market, Bulk Supply and Open Access)Continue Reading
(NAIROBI, KENYA) – Global Brent crude prices have crossed the $100 (KES 12,941) mark for the first time since July 2026, pointing to higher pump prices in Kenya for the new monthly pricing cycle from 15th October. Market data shows that oil prices rose around 1% on Thursday, extending gainsContinue Reading
(MOMBASA, KENYA) – Greek multinational Amaco Energy Group has partnered with US energy equipment and services company GE Vernova to provide gas turbines for its proposed $1.5 billion (KES 194.2 billion / £1.16 billion) artificial intelligence (AI) data centre in Mombasa. The deal will see Amaco integrate GE Vernova gasContinue Reading
(NAIROBI, KENYA) – Kenya Electricity Generating Company has cut its dividend payout by 16.7% as it directs more cash into plant and equipment to expand electricity generation and meet rising demand. Shareholders will receive KES 0.75 ($0.0058 / £0.0045) per share for the year ended June 2026, amounting to KESContinue Reading
(NAIROBI, KENYA) – At least 10 electric vehicle manufacturers, mostly from India and China, are preparing to enter Kenya after a shared battery swap provider launched its network in the country. The move is expected to increase competition in the growing electric mobility market. The firms include China’s Afrina Neopower,Continue Reading
(KILIFI, KENYA) – Kenya Power is spending KES765 million ($5.9 million / £4.7 million) on two new substations in Kwale and Kilifi counties as it moves to improve electricity supply along the Coast region. The utility company is close to finishing the Bomani 132/33kV substation in Kilifi County at aContinue Reading
(NAIROBI, KENYA) – Plans to build Kenya’s first nuclear power plant in Siaya County have drawn opposition from residents and academics who want the project halted pending full public consultation and independent safety reviews. The proposed facility would be located at Lihundu Beach in Bondo Sub County with construction expectedContinue Reading
(NAIROBI, KENYA) – Greek multinational Amaco Energy Group plans to build a $1.5 billion (KES 194 billion / £1.18 billion / €1.38 billion) artificial intelligence data centre in Mombasa to tap East Africa’s growing demand for computing infrastructure. Amaco CEO Theodore Theodoropoulos is in Kenya for talks with government officialsContinue Reading
(NAIROBI, KENYA) – TotalEnergies Marketing Kenya net profit for the six months to June 2026 grew 21.2%, lifted by higher product sales despite elevated pump prices following disruptions from the Middle East conflict. The listed oil marketer reported a net profit of KES 1.33 billion (about $10.1 million / £8Continue Reading
