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    Kenya's Fuel Shortages Bite Despite State Assurances

    Kenya's Fuel Shortages Bite Despite State Assurances

    Fred
    Fred Obura
    3 days ago
    Kenya’s EV Growth Still Has Little Impact on Power Demand

    Kenya’s EV Growth Still Has Little Impact on Power Demand

    Electric mobility consumption remained dwarfed even by public utilities such as street lighting, which used 66.41 GWh over the same period.
    Fred
    Fred Obura
    3 days ago
    Ghana's Energy Chamber Pushes for Africa Energies Summit Boycott 

    Ghana's Energy Chamber Pushes for Africa Energies Summit Boycott 

    Staff
    Staff Reporter
    7 days ago
    Kenya's Top Energy Officials Resign Over G2G Fuel Scandal

    Kenya's Top Energy Officials Resign Over G2G Fuel Scandal

    Kenya's Executive Office of the President has announced the resignation of three senior energy officials: PS Mohamed Liban, KPC Managing Director Joe Sang, and EPRA Director General Daniel Kiptoo Bargoria, following a DCI investigation into an alleged scheme to falsify national fuel stock data and trigger emergency procurement outside the G2G framework. The shipment, carried aboard MV Paloma and docked in Mombasa on 27-29 March 2026, was procured above contracted rates and found non-compliant due to elevated sulphur levels. Investigations continue.
    Harry
    Harry Njuguna
    8 days ago
    Saudi Arabia Wanted Exclusive Rights to Kenya's Cooking Gas Market, CS Wandayi Says

    Saudi Arabia Wanted Exclusive Rights to Kenya's Cooking Gas Market, CS Wandayi Says

    Kenya has walked away from a proposed liquefied petroleum gas (LPG) agreement with Saudi Aramco after rejecting conditions that would have granted the supplier exclusive rights.
    Brian
    Brian Nzomo
    11 days ago
    How the World Is Handling the Worst Energy Crisis in Decades

    How the World Is Handling the Worst Energy Crisis in Decades

    Across the world, economies are staring at multifold crises triggered by the latest, ongoing conflict pitting Israel and the United States against Iran.
    Morris
    Morris Kiruga
    13 days ago
    NSE Banking Index Posts Worst Day Since Launch as Four-Day Rout Wipes KSh 215Bn

    NSE Banking Index Posts Worst Day Since Launch as Four-Day Rout Wipes KSh 215Bn

    The Nairobi Securities Exchange lost KSh 64.34Bn on Thursday March 26, extending a four-day selloff that has erased KSh 215.58Bn in market value, the third worst week since 2008. The Banking Index fell 3.91%, its worst session since launching in October 2025, with six of eleven banks dropping more than 4%. KCB traded 8.95 million shares worth an estimated KSh 595M. The selloff is being driven by the Iran war and Strait of Hormuz disruption, with Brent crude above $106 and Kenya facing a fuel price shock at the April 15 EPRA review. Market cap fell to KSh 3,257Bn. YTD gains have narrowed from 12.24% to 5.27%.
    Harry
    Harry Njuguna
    16 days ago
    Rubis Kenya Revenue Hits KSh 131.7Bn as Group Profit Rises 19%

    Rubis Kenya Revenue Hits KSh 131.7Bn as Group Profit Rises 19%

    Rubis reported stronger underlying earnings in 2025 as improved margins in Africa and lower financing costs offset currency volatility. The French energy distributor generated €870M (KSh 131.7Bn) in revenue from Kenya, down 9.8% from €964M (KSh 129.9Bn) in 2024, though margins improved after a fuel pricing adjustment. Kenya remained Rubis’ largest African market as the group posted €741M (KSh 112.2Bn) in EBITDA and €309M (KSh 46.8Bn) in net income.
    Harry
    Harry Njuguna
    a month ago
    Kenya’s Net-Zero Manufacturing Strategy To Take Center Stage at KIICO 2026

    Kenya’s Net-Zero Manufacturing Strategy To Take Center Stage at KIICO 2026

    The Kenyan
    The Kenyan Wall Street
    a month ago
    Zeno Lands US$25mn to Expand Battery-Swap Network in Kenya, Uganda

    Zeno Lands US$25mn to Expand Battery-Swap Network in Kenya, Uganda

    Electric mobility startup, Zeno, has raised US$25 million in Series A financing to accelerate production of its battery-swap electric motorbikes and expand charging infrastructure across East Africa.
    Brian
    Brian Nzomo
    a month ago
    Rockefeller Foundation Commits US$ 10Mn to Expand Electricity Access in Africa

    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.
    Chelsy
    Chelsy Maina
    a month ago
    From Presence to Power: Building The Table We Deserve

    From Presence to Power: Building The Table We Deserve

    Marieme-Sav
    Marieme-Sav SOW
    a month ago

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