Kenya

In a bid to boost electrification nationwide, Kenya recently moved to cut electricity connection fees by over 50%, while low-income customers will be able to pay the connection fee off in instalments added to their monthly bill. The revisions are expected to see a significant increase in the number of households connected to the national grid...

Kenya has been making considerable headway over the past two years on a development agenda designed to strengthen the country’s position as a leading regional transport and logistics centre for the East Africa region. This is in spite of an infrastructure deficit which, according to the World Bank’s “Kenya Public Expenditure Review”, is...

The insurance business in Kenya is profitable, but it is not necessarily easy. Kenya represents one of Africa’s most well-developed and best-regulated insurance markets, with formidable historic growth and even better near-term prospects, but it is fragmented and competition is tough. There are increasing regulatory capital requirements on the...

Although it has significant potential for future development, Kenya’s nascent oil and gas industry is, like so many other markets, facing a number of challenges, both external and domestic, in 2015. An economic slowdown in China, weaker global oil prices, a depreciating shilling and proposed local content regulations have affected planned...

Kenya is introducing a number of regulatory changes to its insurance sector, including a move towards risk-based capital, increased capital requirements, new guidelines for short-term business and takaful rules.

The country’s utilities sector is in the midst of a rapid transformation, with a host of ambitious new projects expected to alter Kenya’s energy mix for the better, reducing import dependency and slowly ending decades of capacity constraints that have aggravated residential consumers and impeded industrialisation. Renewable energy development...