18 September 22

Kenyan Citizens To Experience Electricity Price Hike

The energy and petroleum regulatory authority [Epra] has announced they will be increasing electricity prices by 15.7 percent. The move is a result of an agreement between the new administration and the international monetary fund [IMF] to end the Electricity
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03 August 22

Kengen To Diversify Into Fertilizer Production.

Kenya electricity generating company [KenGen], a state-owned company, has disclosed plans to set up a fertilizer production plant. It seems like the company has identified a gap in the market. Kenya is suffering from a dire shortage of fertilizer which
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18 July 22

Kwale Titanium Mines Sales On The Rise.

Yesterday an Australian multinational mining company reported high sales numbers for the month of June. This high-profit margin record came despite less production output so far this year. The numbers in detail So far this year the mining company recorded
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28 June 22

Africa’s Climate Resilience Challenge

By Raveem Ismail, Head of Parametric, Africa Specialty Risks The concept of climate resilience was relayed in the Intergovernmental Panel on Climate Change’s latest report that determined every year of delayed action on climate change puts the world on a
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22 May 22

Kenya, Uganda End Fuel Dispute After Weeks of Talks

Kenya and Uganda have settled their fuel dispute after the former’s decision to localize 133.5 liters of petrol and 104.7 million letters of diesel that were to be transported to Uganda. This led to a fuel shortage, prompting a protest
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09 May 22

How Increased Taxes On Oil, Gas Will Affect Economic Recovery

Kenya may have overcome one of its worst fuel shortages in years, but the challenges facing the oil and gas sector seem to have taken another turn. Over the last few months, the oil market has been hit hard, partly
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26 January 22

Kenya’s Demand for Power Surges; Rising Tariffs Spur Costly Electricity Bills

Kenya’s demand for power hit record highs in the past few months. According to Kenya National Bureau of Statistics (KNBS), Kenya Power and Lighting Company (KPLC) sold an average of 800 million KWh in the last four months of last
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11 January 22

Nationwide Power Blackout Hits Kenya as Embattled Kenya Power Struggles to Cope with Demand

Kenya, on Tuesday, suffered a nationwide power blackout that affected all 47 counties in the country. According to a statement released by Kenya Power, the government-owned utility provider in the country, the fault was caused by the collapse of a
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01 November 21

Tullow Begins Search for New Partner as It Looks to Ramp Up Oil Production in Kenya’s Turkana County

British oil company Tullow is looking for new Kenyan partners to help accelerate plans to commercially produce oil in Kenya’s Turkana County. Tullow notes that it is looking for a strategic partnership that would streamline, and to some extent, reduce
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22 September 21

Kenya Power Abandons Plan to Raise Tariffs By 20% Amidst Growing Economic Pain in Kenya

Kenya Power, the sole distributor of electricity in Kenya, has shelved plans to increase tariffs by 20%. The move would have seen a sharp increase in energy bills for Kenyan consumers in the coming months. Instead, the state-owned company will
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