The Climate Investment Funds (CIF) has endorsed a $70 million plan, with an initial allocation of…
Tag: Kenya
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…
Kenya Joins Consortium to Develop BESS
Kenya has joined the nine African countries to form a consortium leading the world to develop…
Kenya Power Loses Transmission Power Line to Some Regions
Kenya Power announced yesterday that it had lost its transmission power line serving Western, Nyanza and…
Globeleq Closes $117m 35MW Geothermal Project in Kenya.
Globeleq and Geothermal Development Company (GDC) have announced that they have reached a financial close on the Menengai…
Kenya Experiences Power Blackout, Transport Minister Calls for Investigation
A power blackout hit Kenya on Sunday evening, affecting most parts of the country. The power outage, which…