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.
Kenya’s Net-Zero Manufacturing Strategy To Take Center Stage at KIICO 2026
Zeno Lands US$25mn to Expand Battery-Swap Network in Kenya, Uganda
Electric mobility startup, Zeno, has raised US$25 million in Series A financing to accelerate production of its battery-swap electric motorbikes and expand charging infrastructure across East Africa.
Rockefeller Foundation Commits US$ 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.From Presence to Power: Building The Table We Deserve
KenGen Trims 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 chairsHigh 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)Kenya Holds Petroleum Budget Steady as Middle East Tensions Muddy Oil Markets
Kenya's supplementary budget comes at a time when global oil markets remain volatile amid geopolitical tensions in the Middle East, a development that has heightened the importance of maintaining reliable fuel supply systemsIndonesian Investor Pulls Out of Suswa Geothermal Project
Indonesia’s state-linked energy company, Pertamina, through its geothermal subsidiary PGEO, has withdrawn from the planned development of the Suswa geothermal field,Kenya, Uganda Shield Fuel Supply as Middle East Conflict Lifts Global Oil Prices
The governments of Kenya and Uganda have separately moved to reassure their citizens that supply lines remain intact as the Middle Eastern conflict continues.Why the Strait of Hormuz is so Important for Global Trade
At its narrowest, the Strait of Hormuz is only about 33 kilometres wide — but it is the only maritime exit for the Persian Gulf's oil-producing nations: Saudi Arabia, Iraq, Kuwait, the UAE, Iran, and Qatar.Vivo to Cut LPG Storage by 22% as It Upgrades Mombasa Facility
