The 100 Billion Dollar Question: Can Africa Afford Its Nuclear Energy Ambitions?
As Africa accelerates its energy transition in the face of climate change, economic growth, and population expansion, nuclear energy is emerging as a strategic option for many countries seeking reliable, [...]
National Oil’s KSh 11.6Bn Insolvency Laid Bare In Audit
Dangote Secures US$4bn to Refinance Conglomerate, Plans to List Refinery
Gaps in Fuel Subsidy Oversight, G-to-G Oil Import Deal Flagged as Pump Prices Surge
The Auditor General has raised questions on the stabilization of fuel pump prices and the implementation of the Government-to-Government (G-to-G) petroleum importation scheme during the 2023/24 financial year. In March 2023, [...]Solar Meets Scale as Sun King Secures a Record-Breaking US $156 Million Deal in Kenya
In a move that underscores growing confidence in green energy finance in Africa, Sun King, an off-grid solar energy company, has closed a US $156 Million (KShs 20.1 Billion) securitisation [...]KETRACO Audit Uncovers Suspected Corruption, Double Payments as Insolvency Threat Looms
The Kenya Electricity Transmission Company (KETRACO), a state agency in-charge of high-voltage electricity infrastructure, is facing deepening financial distress amid audit findings that point to suspected corruption and unauthorized payments. [...]Kenya Sets New Electricity Demand Record as Grid Faces Rapid Growth
Kenya’s national electricity demand hit a historic peak of 2,362.28 MW on July 23, 2025, marking the highest level ever recorded on the national grid. The electrification rate, soaring from [...]
Kenya Power's Private Power Purchase Deals Steeply Outprice State Supplier
Electricity users are bearing the cost of overpriced power contracts after the national utility, Kenya Power, spent KSh 73.7 billion purchasing electricity from Independent Power Producers (IPPs) that delivered significantly [...]Tullow Oil Seals Kenya Exit in KSh 15.5Bn Deal with Gulf Energy
Tullow Oil PLC has signed an agreement with Gulf Energy Ltd, inching closer to its exit from Kenya’s upstream oil sector, to sell its entire stake for a minimum cash [...]CS Wandayi Turns to Bulk Metering, Adani Type Deals to Tame 24% Electricity Loss
Kenya is set to tackle its electricity losses, currently standing at a staggering 24% from generation to the end consumer, through a multi-pronged approach spearheaded by the government. Going forward, [...]Roads CS Chirchir Admits Gov’t Securitized Fuel Levy to Raise KSh 175Bn for Bills
Roads and Transport Cabinet Secretary Davis Chirchir has confirmed that the government securitized part of the fuel levy to raise KSh175 billion, marking the first public acknowledgment of a financing [...]Safaricom Doubles Down on Loss-Making Circle Gas with KSh 2.4Bn Boost
Circle Gas Limited, the smart LPG distributor backed by Safaricom, continues to post heavy losses, even as it expands its footprint in Kenya and accelerates its efforts to digitize clean [...]
