The African Development Bank Group’s Board of Directors has approved a $16.5 million loan in November 2025 to support the development of the 35 megawatt OrPower Twenty-Two (OTTL) Geothermal Power Plant, marking a pivotal advancement in Kenya’s clean energy transition and reinforcing the country’s position as Africa’s geothermal energy leader. The flagship renewable energy project […]

The Kenya Revenue Authority has announced an 8 percent market interest rate for fringe benefits and low-interest employee loans for the first quarter of 2026, providing crucial guidance for employers navigating the complex landscape of calculating taxable benefits while maintaining compliance with Kenya’s taxation framework. In a directive issued on Thursday, January 22, the tax […]

Kenya launched the sale of a 65 percent stake in state-owned Kenya Pipeline Company on January 19, 2026, seeking to raise 106.3 billion shillings ($825 million) in what represents East Africa’s biggest initial public offering in local-currency terms and a watershed moment for President William Ruto’s ambitious privatization agenda. The landmark transaction comes as Kenya […]

Kenya has achieved a significant diplomatic and economic victory with China, securing a preliminary agreement that grants 98.2% of its exports duty-free access to the world’s second-largest economy. The breakthrough, announced on January 15, 2026, represents one of the most consequential trade engagements in Kenya’s recent history and signals a potential turning point in the […]