My Financial News from Kenya, Industry

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Kenya , Sunday 31 May 2026

News Kenya Industry: Kenya’s Power Mix Is Largely Renewable, but Grid Strains Are Emerging

Published on: Thursday 19 March 2026
Kenya’s Power Mix Is Largely Renewable, but Grid Strains Are Emerging
News source: https://www.ecofinagency.com/news-industry/1903-53939-kenya-s-power-mix-is-largely-renewable-but-grid-strains-are-emerging

Nearly 90% of Kenya’s electricity comes from renewable sources Access to electricity has risen sharply, reaching 79% in 2025 The growth of solar and wind is creating new grid stability challenges ...

News Kenya Industry: Kenya Power pushes on with e-mobility drive

Published on: Wednesday 08 February 2023
Kenya Power pushes on with e-mobility drive
News source: https://energycentral.com/news/kenya-power-pushes-e-mobility-drive-0

Kenya Power has invested more than Sh40 billion in grid expansion and refurbishment to enable it transition the country to the first phase of e-mobility. The electricity distributor said the investment has been done in the past five years with an additional Sh40 million set aside this year to purchase three electric vehicles and construct three electric vehicle-charging

News Kenya Industry: Kenya tweaks 2022/23 spending, deficit estimates in supplementary budget

Published on: Monday 06 February 2023
Kenya tweaks 2022/23 spending, deficit estimates in supplementary budget
News source: https://www.msn.com/en-us/money/markets/kenya-tweaks-202223-spending-deficit-estimates-in-supplementary-budget/ar-AA17c1YG

NAIROBI (Reuters) - Kenya's finance ministry has tweaked its spending and budget deficit estimates for the current fiscal year that ends in June to show a slight increase in overall expenditure but a narrower deficit. Supplementary budget documents submitted to parliament showed overall spending was projected at 3.37 trillion shillings ($26.98 billion), from the 3.36 trillion shillings contained

News Kenya Industry: Manufacturers Voice Concern Over Kenya Power Plan to Increase Electricity Prices

Published on: Wednesday 08 February 2023
Manufacturers Voice Concern Over Kenya Power Plan to Increase Electricity Prices
News source: https://energycentral.com/news/manufacturers-voice-concern-over-kenya-power-plan-increase-electricity-prices

Manufacturers have voiced their concerns over planned electricity hike by Kenya Power, which they say will lead to higher cost of production. The Kenya Association of Manufacturers (KAM) argues that the increment will see the cost of electricity rise by between Sh3.5 and Sh5, depending on tariff and consumption. The utility company has proposed a new tariff for domestic

News Kenya Industry: Cryptocurrency Industry Booms In Kenya – What’s Next For This Country?

Published on: Friday 14 January 2022
News source: https://sokodirectory.com/2022/01/cryptocurrency-industry-booms-in-kenya-whats-next-for-this-country/

Cryptocurrency adoption has increased quite a lot in Kenya over the past few years. Although the country is yet to adopt a crypto regulatory ...

News Kenya Industry: Kenya Power to start smart meter rollout for businesses

Published on: Sunday 23 January 2022
News source: https://www.esi-africa.com/industry-sectors/metering/kenya-power-to-start-smart-meter-rollout-for-businesses/

Kenya Power will roll out a smart meter project for 55,000 customers in the small and medium enterprise sector ...

News Kenya Industry: Closing the loop in Kenya's fashion industry

Published on: Thursday 20 January 2022
News source: https://www.greenbiz.com/article/closing-loop-kenyas-fashion-industry

The fashion industry could make or break global climate goals. The industry is responsible for between 4 percent to 10 percent of global emissions and is the second biggest consumer of water. This ...