Market News

  • President Ruto Expresses Kenya to Be Among Africa's Top Driving Automobile Producers

    Posted on :Tuesday , 4th July 2023

    President William Ruto has manifested certainty that Kenya will recover its legitimate spot among Africa's top driving vehicle producers like South Africa and Morocco.

    President Ruto says that the public authority is focused on facilitating more car players in a bid to expand the local creation of vehicles.


    He said the National Automotive Policy has established a favour. . .

  • Castrol Kenya collaborates with Rubis Energy Kenya to launch a wide range of oil lubricants

    Posted on :Monday , 5th June 2023

    Castrol Kanya and RUBiS Energy Kenya have teamed together to bring Castrol oil lubricants to Kenya. The oils are now accessible at approximately 260 RUBiS Energy Kenya stations around Kenya.


    During the alliance's debut, Ed Savage, Castrol Kenya's Country Manager, stated, "The partnership with RUBiS Energy Kenya is timely as customers seek oil products that are designed to mee. . .

  • The EU provides $378 million to Kenya to power its electric BRTs

    Posted on :Tuesday , 25th April 2023

    The European Union has provided Kenya with Ksh 50 billion ($378 million) to help with the electrification of the country's public transport infrastructure. The funding will allow Kenya to construct the infrastructure needed to improve the efficiency and cost-effectiveness of its bus rapid transit system.


    This development is the consequence of a recent meeting that took place . . .

  • Kenya to assemble 130 electric buses from China in 2023

    Posted on :Wednesday , 29th March 2023

    In 2023, Kenyan automaker Associated Vehicle Assemblers (AVA) plans to produce 130 electric buses built by Chinese automaker BYD.


    AVA's managing director, Matt Lloyd, stated in Nairobi, Kenya, that the company has constructed 15 BYD electric buses for the local market that were imported as a collection of components.


    "The benefit of BYD is that it is one of. . .

  • Kenya Power plans to convert its 2,000 vehicles to electric

    Posted on :Monday , 27th February 2023

    Kenya Power, the country's main power distributor, plans to convert 2,000 petrol and diesel-powered cars to electric during the next four years.


    The effort is part of a growing trend in the East African economy to use the ample energy supply from renewable sources to convert automobile and motorbike engines from fossil fuels to electric.


    The effort is part . . .


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