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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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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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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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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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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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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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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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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This year, Kenya marks the fourth anniversary on the ban of single use plastics. The plastic bags ban came into effect in 2017. In a bid to clear the scourge of waste choking the capital, Nairobi has implemented heftier fines
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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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