TotalEnergies Marketing Kenya Net Profit Hits KSh 3.02 Billion
TotalEnergies Marketing Kenya Plc's net profit increased to KSh 3.02 billion in 2023 from KSh 2.44 billion in 2022 despite a decline in global oil and gas prices and a [...]
Investors Bet on Naivasha's Green Energy, Infrastructure to Set Shop
Proximity to a green power generation plant and its access by both rail and road networks is setting Naivasha as the next big industrial hub in Kenya. The Japanese car [...]
Bolt Riders to Lease 5,000 Electric Motorbikes from Roam Ampersand
Ride-hailing platform, Bolt, has partnered with EV manufacturers and a fintech company to distribute over 5,000 electric motorcycles in the next three years as a strategy to slash costs for [...]Kenya Power Invests Ksh 258 Million in EVs and Charging Stations
Kenya Power has used KSh 6.5 million to set up its second EV charging station at Stima Plaza to easen\ the use of electric vehicles as alternative mobility. We have [...]Electricity Prices Drop on Lower Fuel, Forex Costs
Electricity customers, who will now get up to a 13.7% reduction in the cost of power in April power bills, in what is attributed to a stronger Kenya Shilling and [...]EPRA Drops April-May Fuel Prices on Stronger Kenya Shilling
EPRA (Energy and Petroleum Regulatory Authority) has announced reductions in the pump prices of fuel, boosted by a stronger Kenya Shilling Exchange against the US $. EPRA figures show that [...]KenGen to Renovate Oldest Geothermal Power Plant
Kenya will renovate three units of the Olkaria I Geothermal power plant after ordering steam turbines and generators from Toshiba, which are expected to arrive by Dec 2025. Toshiba ESS [...]Roam Partners with Mogo to Scale up Marketability of Electric Motorcycles
Mogo, a Kenyan asset finance company, has partnered with EV-developer startup Roam to boost the adoption of electric motorbikes in the country. We are thrilled to partner with Mogo to [...]Why Southern Africa Should Explore Cross-Border Energy Projects
As detailed in Standard Bank’s recently released strategic discussion document, “South African Gas Optionality,” Africa holds natural gas in abundance, both onshore and off, accounting for more than 7% of [...]
ATIDI to Underwrite a $7.7 Million Hydro Project in Burundi
The African Trade Insurance Agency (ATIDI) has given insurance cover to support the $7.7m Songa Energy’s 1.65 MW run-of-the-river hydro project on the Ruvyironza River in Burundi. “We have been [...]EPRA in Plan to Cap Frequency of Power Outages at 20 per Year
EPRA (Electricity and Petroleum Regulatory Authority) is toying with the idea of limiting the number of times a customer is hit by a power outage to 20 per annum. Further, [...]KenGen Taps 2 Firms in Multibillion Tender to Increase Olkaria I Power Output by 40%
KenGen has stepped up plans to increase Geothermal power production by 40 per cent from 45MW to 63MW at Olkaria I Geothermal power plant, with the award of multibillion rehabilitation [...]
