Kenya

Dr Stanford Chidziva of the University of Western Cape looks at hydrogen electrolyser unit at Namakwa Engineering, where Keren Energy first proved green hydrogen production was possible. (REUTERS/Esa Alexander)

Greener Pastures

Premium badgeExclusive: Ethiopia, Angola to join Africa Green Hydrogen Alliance The announcement, to be made at the Africa Climate Summit in Nairobi, shows confidence in green hydrogen’s potential, says Jonas Moberg, CEO of the Gl...
Kenyan President William Ruto speaks as he takes part in a round table to discuss global economy during the New Global Financial Pact Summit at the Palais Brongniart in Paris, France on June 22, 2023. LUDOVIC MARIN/Pool via REUTERS

ticket to heaven

Kenya: Uproar over Ruto’s apparent death threat against sugar cartels The president’s statements might cost the East African country dearly, both on the political and the economic fronts.
The NSSF may choose to invest in the top five performing companies on the NSE. (REUTERS/Thomas Mukoya)

chop chop

Premium badgeKenya’s National Social Security Fund culls struggling firms East African Portland Cement and Consolidated Bank are among four companies axed after the state pension fund reported a loss of KSh19bn in June in th...
Lawyers at the Supreme Court in 2021, during the ruling on the Building Bridges Initiative. (REUTERS/Monicah Mwangi)

implementation matters

In Kenya, fresh push for constitutional amendments Thirteen years since the promulgation of Kenya’s constitution, lawyer PLO Lumumba is leading a movement to revisit key sections, igniting the possibil...

Kenya top stories

Kenyan President William Ruto and other leaders at the close of the African Climate Summit in Nairobi, 6 September 2023. © Luis Tato/AFP

Leading the way

Premium badgeKenya, Morocco, Côte d’Ivoire: Africa’s pioneers in green transition Following the $23bn investment pledges made at the inaugural Africa Climate Summit, we take a look at the continent’s best performers in renewable ene...
Djibouti President Ismail Omar Guelleh shakes hands with South Sudan’s President Salva Kiir while Kenya’s President William Ruto laughs with Ethiopia’s President Sahle-Work Zewde at the media briefing after the close of the Africa Climate Summit (ACS) 2023 at the Kenyatta International Convention Centre (KICC) in Nairobi, Kenya, September 6, 2023. REUTERS/Monicah Mwangi

on downside

Premium badgeNairobi Declaration proposes global carbon tax as climate talks intensify The tax aims to facilitate the transition to clean energy and foster the polluter pays principle.
Rahul Dhir, CEO of Tullow Oil at the Africa Oil Week in Cape Town © Rahul Dhir, CEO of Tullow Oil, speaks to Reuters at the Africa Oil Week 2022 conference at the Cape Town International Convention Centre 2, Cape Town, South Africa, October 4, 2022. REUTERS/Shelley Christians

big hole

Premium badgeTullow Oil production outlook cut shows debt overhang still hampers investment Tullow Oil is struggling to convince analysts that it can deliver debt reduction alongside a growing business.

Kenya top stories

Kenyan President William Ruto and other leaders at the close of the African Climate Summit in Nairobi, 6 September 2023. © Luis Tato/AFP

Leading the way

Premium badgeKenya, Morocco, Côte d’Ivoire: Africa’s pioneers in green transition Following the $23bn investment pledges made at the inaugural Africa Climate Summit, we take a look at the continent’s best performers in renewable ene...
Djibouti President Ismail Omar Guelleh shakes hands with South Sudan’s President Salva Kiir while Kenya’s President William Ruto laughs with Ethiopia’s President Sahle-Work Zewde at the media briefing after the close of the Africa Climate Summit (ACS) 2023 at the Kenyatta International Convention Centre (KICC) in Nairobi, Kenya, September 6, 2023. REUTERS/Monicah Mwangi

on downside

Premium badgeNairobi Declaration proposes global carbon tax as climate talks intensify The tax aims to facilitate the transition to clean energy and foster the polluter pays principle.
Rahul Dhir, CEO of Tullow Oil at the Africa Oil Week in Cape Town © Rahul Dhir, CEO of Tullow Oil, speaks to Reuters at the Africa Oil Week 2022 conference at the Cape Town International Convention Centre 2, Cape Town, South Africa, October 4, 2022. REUTERS/Shelley Christians

big hole

Premium badgeTullow Oil production outlook cut shows debt overhang still hampers investment Tullow Oil is struggling to convince analysts that it can deliver debt reduction alongside a growing business.

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© Central Bank of Kenya Governor Kamau Thugge stands outside the National Treasury building in Nairobi, Kenya June 15, 2023. REUTERS/Thomas Mukoya

Islamic banking

Premium badgeKenya: Central bank waters down push for new Shariah framework CBK governor Kamau Thugge tells The Africa Report there is no need for new rules and regulations for Islamic banking.
File photo of then president Uhuru Kenyatta and deputy president William Ruto in 2017. (REUTERS/Baz Ratner)

kowtow

Premium badgeUhuru Kenyatta: William Ruto’s bogeyman or a real threat? Kenya’s President William Ruto appears to be targeting the man he served under as deputy, and Uhuru Kenyatta can no longer remain silent.
Maasai are the stewards of the national park and grazing animals is beneficial to the wildlife (Photo: Robert Bociaga)

regional growth

Kenya: National park revenue to boost local economies Although outlined in the constitution, the Maasai and other indigenous communities have not financially benefited from tourism in Kenya as expected. ...
© Kenya Electricity Generating Company (KenGen) workers walk past the pylons of high-tension electricity power lines at the Olkaria II Geothermal power plant near the Rift Valley town of Naivasha, Kenya February 15, 2018. Picture taken February 15, 2018. REUTERS/Thomas Mukoya

Power dilemma

Premium badgeWhy Kenya’s inquiry over electricity contracts unlikely to reduce high tariffs The rising cost of electricity in Kenya will probably keep adding to the misery of the public for quite some time as power producers’ tendency to set ...
Kenya’s President William Ruto at State House, in Nairobi. (Tony Karumba/AFP)

dreams dashed

Kenya: Ruto’s ally in trouble over ‘fake’ foreign education scholarship Jackson Mandago has found himself embroiled in accusations of orchestrating a large-scale embezzlement scheme targeting hopeful students promised over...
Equity Group CEO James Mwangi in Nairobi. (Reuters/Jackson Njehia)

safety in numbers

Premium badgeEquity Group: Insurance to outperform banking by 2030 – James Mwangi Equity Insurance has sold 7.2 million policies – a success reflected in 8% growth in profits for the Group, announced in its half-year results.