IPO investment in Dangote refinery
Kenyan investors can now take in part in the initial public offering (IPO) of Dangote Petroleum Refinery & Petrochemicals in Nigeria after the Capital Markets Authority (CMA) approved the sale of the company’s shares through global depository…
366 metre vessel at Lamu port
The Port of Lamu has handled about 5,200 twenty-foot equivalent units (TEUs) from a single vessel for the first time, as the facility continues to build its container handling capacity.The port on Saturday received MV Hamouna, a 366-metre container…
Voco branded hotel in Kenya
IHG Hotels & Resorts has opened its first Voco-branded hotel in Kenya and East Africa, adding 112 suites to the hospitality market near Jomo Kenyatta International Airport (JKIA).The hotel targets business travellers, transit passengers and long-stay…
Electricity consumption goes up
Electricity consumption in Kenya increased across all customer categories in the year ended June 2026, with domestic consumers recording an 18.87 percent rise while large commercial and industrial users remained the biggest consumers of power, according…
VisualFund and Turaco partnership
Insurance technology company Turaco and VisionFund International have signed a global partnership to expand access to affordable insurance for low-income households in emerging markets.The partnership builds on operations in Kenya and Uganda, where the…
Workable achieves coworking rates
Workable Nairobi has become the first coworking space in Africa to achieve the WELL Coworking Rating, an international benchmark focused on health, wellbeing and human performance in flexible workspaces.Developed by the International WELL Building…
EPRA’s new boss
The Energy and Petroleum Regulatory Authority (EPRA) has appointed insider Edward Mwirigi Kinyua as its new Director General (DG), replacing Daniel Kiptoo, who left the position earlier this year. Energy and Petroleum Cabinet Secretary Opiyo Wandayi said…
Geothermal energy report
Geothermal energy accounted for nearly half of Kenya’s electricity generation in the year ended June 2026, reinforcing its position as the country’s largest source of power, latest data from the Energy and Petroleum Regulatory Authority (EPRA)…
Inflation rate rises
Kenya’s annual inflation rate rose to 6.8 percent in September, up from 6.6 percent in August, driven by higher prices of food and non-alcoholic beverages, transport, and housing, water, electricity, gas and other fuels. Latest data from the Kenya…
Members growth at Saccos
Kenyan Saccos added 480,000 new members last year, latest data shows, pointing to growing confidence in the sector.The latest Sacco Societies Regulatory Authority (SASRA) SACCO Supervision Annual Report shows that total membership in regulated Saccos…