Economist questions Kenya’s Sh2.2 trillion stake in Dangote refinery
The economist also raised concerns over the speed of the investment process and the absence, in his view, of sufficient public information on the project's economic projections
The economist also raised concerns over the speed of the investment process and the absence, in his view, of sufficient public information on the project's economic projections
EPRA attributed the high level of consumption to the region's large population and concentration of industrial activity
The rise in demand came as Kenya continued to widen access to electricity while increasing investment in renewable power. According to the International Energy Agency, electricity access in Kenya grew from 37 p...
Speaking on Radio Generation on Monday, the Advocate said Kenyans have developed a “tacit understanding” of corruption, criticising it publicly while accepting it in practice.
According to Dangote, the electricity project will be a major part of the Kenyan investment, with the plant expected to generate about 1,000MW from petroleum coke, also known as petcoke.
During the tour, Ruto pointed to the scale of the Nigerian facility, which has the capacity to refine 700,000 barrels of crude oil every day.
In a statement on Sunday, Wandayi said the arrangement, signed in March 2023 with Saudi Aramco, Abu Dhabi National Oil Company (ADNOC) and Emirates National Oil Company (ENOC), was designed to ease pressure on...
In his UN General Assembly address, the President will champion an Africa-financing-Africa approach.
The association wants authorities to provide details of all intermediaries involved in the G-to-G arrangement, including the commissions they received, contracts entered into and the people or entities that ben...
The DP said the move would help protect farmers from poor returns while strengthening the country's food reserves, with rice from Mwea and other producing areas expected to be bought before foreign supplies are...
Mohamed, a former CEO of the Frontier Counties Development Council (FCDC), said the region had historically been excluded from meaningful development, affecting access to roads, electricity, water, healthcare a...
The month-long offer has already attracted interest from members of the public, with some investors using their savings to buy a stake in the facility.