Capital Markets Authority has approved Kenya’s first Sh5 billion unlisted green bond, which will be issued by Acorn Project (Two) Limited. According to the Authority, the approval will enable the government to raise funds to

The Kenya Electricity Generating Company (KenGen) Plc announces that it has successfully added 79 megawatts (MW) of power to the national grid following the completion of Unit 1 of Olkaria V Geothermal Power Plant. The

Qatar Petroleum, a State-owned company of the energy-rich Arab nation, has acquired a block of Kenya’s offshore oil and gas exploration fields, adding to a growing list of global corporations seeking to exploit huge fuel

The UK Government is investing Sh220 million ($2.2million) in the development of two solar plants in rural Kenya. The funds will be channelled through InfraCo Africa, a private infrastructure development group company. The UK’s Minister

  The wind energy subsector is set to receive a boost after the Treasury proposed to exempt equipment and materials for its development and generation from value-added tax. Previously only solar power equipment and materials

The Energy Regulatory Commission (ERC) and Kenya Power have announced an eight per cent drop in electricity costs starting next month. ERC chief executive Pavel Oimeke and Kenya Power managing director Ken Tarus told Parliament

Kenyan solar firm Questworks has received a Sh120 million debt from US financier SunFunder. The loan will finance Questworks’ expansion, which involves connecting more commercial and industrial solar buildings under its belt as various sectors