Kenya’s Gross Domestic Product (GDP) growth is projected at between 4.8 per cent and 5.2 per cent. This is according to a new Ipsos Executive Outlook in a report dubbed ‘Kenya 2026: PESTEL Outlook and Sector Implications’. According to the report, Kenya is to remain among Africa’s most attractive growth markets but only for businesses that adapt to a new era defined by affordability, legitimacy, and digital transformation. “Kenya’s growth story endures, but only for those who bet on adaptation,” the report states. The report also names fintech, energy transition, FMCG, telecommunications, and healthcare as sectors expected to thrive, with…
Author: Bridgette Atieno
Proto Energy and OLA Energy have partnered to increase automotive LPG (liquefied petroleum gas) access in Kenya to reduce diesel and petrol use. This comes amid rising demand as the number of cars operating on LPG increases. The collaboration introduces OTO Gas dispensing pumps at OLA stations in the Capital, and targets dual-fuel vehicle owners. It will offer cheaper, lower-emission alternatives with up to 15-20% reduced CO₂ output. The initiative leverages OLA’s retail network and aligns with Kenya’s National LPG Growth Strategy, aiming for 70% penetration by 2028. Launched in January 2026, the first site integrates LPG pumps into existing…
Kenya has officially exited the COMESA Sugar Safeguard regime after 24 years. This, according to Kenya Sugar Board CEO Jude Chesire, marks a decisive and confident transition for the country’s sugar industry. ‘The safeguard, which lapsed on 30th November 2025, had fully achieved its objective as a temporary, reform-driven instrument to stabilise and restructure the sector,” he says. According to Chesire, the transition reflects strength and a reflection that Kenya’s sugar industry is stable, well-managed, and supported by clear policy direction. He adds that Farmers, millers, workers, and investors are assured that the exit from the safeguard does not expose…
Over 2000 individual investors applied for the Safaricom Green Bond, making up 96% of all applications made. The telco announced that it formally listed the Greed Bond at the Nairobi Securities Exchange. “This transaction demonstrates what is possible when local capital markets are deliberately and thoughtfully engaged. It is a clear vote of confidence in our fundamentals, strategy, and long-term outlook, and a strong signal of confidence in the depth and resilience of Kenya’s capital markets,” said Dilip Pal, Safaricom PLC Group Chief Finance Officer. The company has also revealed that over half (59%) of the applications received were made…
Women and young people are increasingly relying on ride-hailing platforms for safer movement after dark. This is according to an Ipsos Ride-Hailing Safety Index Survey (2025). The survey has found that 94 per cent of users in Kenya feel safer using ride-hailing apps at night compared to traditional modes of transport. “Women and young people overwhelmingly prefer app-based transport when moving at night because they can track their trip, verify their driver, and get dropped directly at their doorstep”, Dimmy Kanyonkole, Senior General Manager, Rides, East Africa, said. Out of the respondents who prefer using hailing platforms at night, women…
Kenya has formalised a Public-Private Partnership (PPP) worth USD 311 million (KSh 40.4 billion) to bolster its national power grid. The signing was led by Cabinet Secretary for National Treasury and Economic Planning John Mbadi alongside Africa50 and India’s PowerGrid. Speaking at the event, Mbadi explained how the deal advances Kenya’s energy reforms amid a global shift toward renewables. “This project reinforces a transmission backbone essential for economic expansion, regional growth, and national resilience,” he said, highlighting the government’s strategy to attract private capital without straining public finances. The agreement covers two key transmission corridors: 400 kV Lessos–Loosuk line:…
Kenya has been missing out on USD5.3 billion annually in unmet export potential. This is according to joint export research conducted by the Kenya Association of Manufacturers and the German Embassy in Nairobi. The report also shows that Kenya has been missing out on USD 10 billion in unrealised export opportunities. Friederike Hemker, Deputy Head of Cooperation at the German Embassy in Kenya, explained how Kenya had an untapped opportunity and reiterated the need to address longstanding bottlenecks. “Kenya has a USD 5.2 billion untapped export opportunity. High energy costs, complex procedures and long processes add significant burdens, but Kenya…
ChatGPT’s meteoric rise to 810 million weekly active users by late 2025 has come at a staggering environmental and financial cost. Experts’ new calculations reveal the AI chatbot gulps down 17.23 billion kilowatt-hours (GWh) of electricity annually just to answer user questions. This is equivalent to charging 3.29 billion iPhone 17s for a year, or charging every Electric Vehicle in the US 36 times or powering 1.6 million households for a year or supplying electricity to the USA for a day and a half. The amount of energy used by ChatGPT in a year can also match the annual consumption…
Truphena Muthoni will be the Ambassador of the 15 Billion Tree Planting Campaign. President William Ruto has announced after awarding her the Head of State Commendation (HSC) Award for her dedication to environmental conservation. The President announced via his social media shortly after meeting Truphena at the State House in Nairobi, where he commended her environmental conservation efforts. This comes days after she hugged a tree for 72 hours, pending approval from Guinness World Records. The Monday morning meeting saw President William Ruto award Truphena and her team a fully sponsored holiday experience by the Kenya Wildlife Service and the…
Talanta Stadium will be renamed to Raila Amolo Odinga International Stadium once complete, President William Ruto said. The Orange Democratic Movement (ODM) party has lauded President William Ruto’s move to rename Talanta Stadium after the late former Prime Minister Raila Odinga. ODM Chair Gladys Wanga says the president’s move demonstrates the spirit of patriotism and national cohesion. “Renaming the stadium after Rt. Hon. Odinga is a symbolic action in recognising the monumental contribution he made to expanding democratic space, safeguarding constitutionalism, and championing the rights and dignity of all Kenyans,” Wanga says. Calls to rename the stadium, which is still…