Kenyan mobility start-up Roam makes a bold return with a $24 million funding boost. This injection…
Tag: Kenya
As of 2023, Ghana, Kenya and Rwanda Led the Way in Africa for Power Grid Upgrades – IEA
In the International Energy Agency’s (IEA) October 2023 report on Electricity Grids and Secure Energy Transitions,…
Kenya Electricity Bills to Drop Due to Forex Adjustment
Following Kenya‘s significant foreign currency exchange payments in January, the cost of power in the country…
Toyota Signs Renewable Energy Investment Deal with Kenya
Toyota Tsusho Corporation has signed an agreement with the Republic of Kenya to collaborate on renewables…
CIF Endorses $70m for Renewable Energy in Kenya
The Climate Investment Funds (CIF) has endorsed a $70 million plan, with an initial allocation of…
Kenya Loses $200m Amidst Oil Dispute with Uganda
New data has shown that Kenya’s oil fallout with Uganda late last year has amounted to…
IFC Invests $80m in African Renewable Energy Boost
The International Finance Corporation (IFC) commits $80 million to boost the Facility for Energy Inclusion (FEI)…
Kenya Doubles Electricity Imports from Ethiopia, Uganda
Despite increased demand, Kenya has exceeded double its electricity imports from neighbouring countries. The Kenya National…
Kenya Startups Attracted $800m Venture Capital in 2023 –Report
Kenyan startups attracted $800 million (Sh127.2bn) in venture capital in 2023, surpassing Egypt, Nigeria and South…
Kenya Power Grew Electricity Sales in 2023
Kenya Power and Lighting Company registered a growth in electricity sales. However, the utility firm reported…