Rockefeller Foundation Commits US$ 10Mn to Expand Electricity Access in Africa
The Rockefeller Foundation has pledged US$ 10 million to support efforts to expand electricity access in Africa under the Mission 300 initiative led by the World Bank and African Development Bank, which aims to connect 300 million people to power by 2030.
Kenya Ups Special Projects Budget as Floods, Drought Compound Crises
The flooding compounds an already critical situation in drought-affected areas, where more than 3 million people face hunger, which has escalated the need for rapid, large-scale intervention
NSE Raises Futures Margins as Derivatives Trading Hits Record KSh 140.9Mn
Trading on the Nairobi Securities Exchange derivatives market surged to a record KSh 140.9Mn in February 2026 from 40,250 contracts, the highest monthly activity since the NSE NEXT platform launched in 2019. The exchange has also revised initial margin requirements across several equity and index futures, raising collateral levels for major banking and large-cap contracts as participation in the derivatives market increases.
Kenya Launches Automated System to Manage Traffic Fines
Kenya’s transport regulator has launched an automated system that issues traffic violation notices to motorists via SMS and requires fines to be paid within seven days through KCB branches. Authorities say that the platform is intended to improve transparency and efficiency in traffic law enforcement.
From Presence to Power: Building The Table We Deserve
NSE Logs KSh418 Bn Bond Record, Equity Trading Surges to 15-Month High
The Nairobi Securities Exchange posted record secondary bond turnover of KSh418 Bn in February 2026, up 40.7% MoM and 54.0% YoY, as ten consecutive CBK rate cuts drove investors to trade legacy high-coupon infrastructure bonds at premiums of up to 28.6% above face value. Equity turnover reached a 15-month high of KSh24.97 Bn, lifting NSE market capitalization to a record KSh3.41 trillion. The full-year 2025 bond turnover of KSh2.71 trillion was nearly double 2024's KSh1.54 trillion.
KenGen Cuts Board by a Third in Governance Overhaul
KenGen has become the first state-owned enterprise to restructure its board under Kenya's Government Owned Enterprises Act 2025, cutting directors from 14 to 9 and triggering the exit of three independent non-executive directors, including Board Chairman Hon. Alfred Agoi Masadia. Shareholders approved the changes at an EGM on 12th February 2026, introducing a Class A and B share structure that ring-fences minority investor voting on independent director elections. The reconstituted board must elect its own chairperson from among independent directors, ending the era of government-appointed chairs
High Energy Costs Drive Shift to Renewables in Tea Sector
The AfDB, through its Sustainable Energy Fund for Africa, has launched a technical study to identify clean energy solutions for factories managed by the Kenya Tea Development Agency (KTDA)
NSE Retreats After February Rally, Market Value Falls KSh 121 Bn
The Nairobi Securities Exchange declined in Week 10 of 2026, with market capitalisation falling KSh 121 Bn to KSh 3.29 Trillion, marking the 15th largest weekly drop since 2008. All major indices fell as 44 stocks declined, only 9 gained and 14 remained unchanged. Equity turnover dropped 22% to KSh 5.49 Bn, while trading volumes fell sharply. The pullback followed February’s strong rally, with profit-taking and continued foreign selling weighing on the market.
Kenya’s Financial System Liquidity Surpasses KSh6 Trillion for the First Time
Kenya’s financial system liquidity surpassed KSh6 trillion for the first time after broad money (M3) reached KSh6.03 trillion in December 2025, according to Central Bank data. The milestone caps five years of rapid expansion from about KSh4 trillion in 2020, driven by growth in bank deposits, domestic credit and foreign currency balances. Transaction deposits, savings and external assets have all expanded as Kenya’s banking system deepened.
Standard Chartered Kenya to Auction Nakumatt-Linked Properties
Standard Chartered Bank Kenya has issued a statutory notice to Nakumatt Investments over unpaid loan facilities totaling millions of dollars and nearly KShs 1 billion. The bank warned that properties in Nairobi, Nakuru, and Mombasa pledged as collateral could be auctioned if the borrower fails to clear the debt within 90 days.
Kenya Airways Signs Codeshare Deal with American Airline JetBlue
Kenya Airways has entered a codeshare agreement with JetBlue that will allow it to sell seats on JetBlue-operated flights from New York’s JFK Airport to several U.S. cities.
