(LAMU, KENYA) – More than 130 residents of Kenya’s coastal Lamu County have filed a lawsuit accusing the government of forcibly displacing them from ancestral land to make way for major infrastructure projects, including a proposed $16 billion (KES 2.07 trillion / GBP 12.3 billion) oil refinery backed by NigerianContinue Reading
(NAIROBI, KENYA) – Record high crude oil tanker freight rates are building fresh pressure on fuel prices at the pump and household energy bills in Kenya as the fallout from the Middle East crisis widens. The cost of hiring oil tankers, known as maritime freight and charter rates, is aContinue Reading
(NAIROBI, KENYA) – Kenya Power’s chief executive officer Joseph Siror’s annual pay nearly doubled to KES 46.02 million ($355,400 / GBP 263,200) in the year ended June 2026, as the company rewarded its top executive for a third straight year of profits and higher dividends. Mr Siror’s payslip was boostedContinue Reading
(NAIROBI, KENYA) – Kenya faces fresh pressure on fuel prices, transport costs and industrial supplies after shipping traffic through the Strait of Hormuz fell to single digits, raising fears of deeper disruption to imports from the Gulf. Preliminary ship tracking data by Reuters showed on Friday that only seven vesselsContinue Reading
(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
