Market News

EPRA Releases Draft Regulations to Boost Kenya's Energy Sector
EPRA Releases Draft Regulations to Boost Kenya's Energy Sector
26 March 2025

The Energy and Petroleum Regulatory Authority (EPRA) has proposed three extensive draft laws to improve consumer protection, safety, and dependability in Kenya's energy industry. The plans, which are now out for public comment, are intended to address significant aspects of energy management, s . . .

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Kenya and China Sign a Memorandum of Understanding on Nuclear Energy Development
Kenya and China Sign a Memorandum of Understanding on Nuclear Energy Development
26 March 2025

A Memorandum of Understanding (MoU) has been signed between China and Kenya for the project's first nuclear power facility. Signed by the China Nuclear Engineering and Construction Corporation (CNECC) and the Nuclear Power and Energy Agency (NuPEA), the agreement aims to advance nuclear energy resea . . .

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Trade, Investment, and Clean Energy Will Be Discussed By the UK Minister for Africa during His Visit to Tanzania
Trade, Investment, and Clean Energy Will Be Discussed By the UK Minister for Africa during His Visit to Tanzania
3 March 2025

The British High Commission in Dar es Salaam released a statement on February 18, 2025, stating that the visit is the first by a UK minister to Tanzania since the new UK administration took office in July of last year and intends to expand ties in trade, investment, sustainable energy, and health.&n . . .

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Kenya Power Reaches a New Peak in Electricity Demand of 2,316 Megawatts
Kenya Power Reaches a New Peak in Electricity Demand of 2,316 Megawatts
24 February 2025

Kenya Power has surpassed the previous high of 2,304 MW achieved in January to reach a peak of 2,316 MW on February 12, 2025, setting a new record for energy demand. This spike in demand is indicative of a significant increase in the nation's energy usage, which is being fueled by large infrast . . .

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Transformative Ksh. 1 Billion Last Mile Connectivity Energy Project Launched by President Ruto
Transformative Ksh. 1 Billion Last Mile Connectivity Energy Project Launched by President Ruto
30 January 2025

The goal of President William Ruto's Ksh. 1 billion Last Mile Connectivity Energy Project in Busia County is to increase access to power in underprivileged areas. By improving 148 transformers, this project is expected to alter the region's electricity delivery and benefit almost 20,000 residents.&n . . .

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