Nigeria’s Dangote group buys stake in Kenya’s oil pipeline network
The announcement by industrialist Aliko Dangote, comes weeks after he laid the foundation stone for an oil refinery in Kenya's Lamu port.
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The announcement by industrialist Aliko Dangote, comes weeks after he laid the foundation stone for an oil refinery in Kenya's Lamu port.
Kenya's central bank published its CEO survey on Tuesday 20 October: 45.5% of chief executives expect higher growth for their firms, up from 43.3% in July. The post Kenya CEO Survey Shows 45.5% See More Growth appeared first on The Rio Times.
Kenya's economy grew 5.1% in April to June 2026, up from 4.9% a year earlier, as crude oil averaged US$104.45 a barrel and the long rains ended early. The post Kenya GDP Growth Is 5.1% Despite Oil Shock appeared first on The Rio Times.
Rising fuel prices are having a negative impact on household budgets and sectors including transport, agriculture, and construction.
The International Monetary Fund now puts Kenya's 2026 economy at about US$151 billion, still seventh in Africa and about US$6 billion behind Angola. The post Kenya Economy Estimate Rises to US$151 Billion appeared first on The Rio Times.
Kenya plans to begin an over-the-counter trading platform for government securities to help boost the local debt market.
Kenya's foreign partners mapped as of October 2026: who lends, invests, trains troops and sends money home, and what each one wants in return. The post Foreign Powers and Investors in Kenya 2026 appeared first on The Rio Times.
Kenyans abroad sent US$5.01 billion home in the year to August, down 1.3%. US inflows fell 12.4%, while Europe and the UAE grew strongly. The post Kenya Remittances From US Fall 12.4% Through August appeared first on The Rio Times.
Kenya’s central bank kept its benchmark rate at 8.75% on 7 October, the fourth hold in a row. Inflation edged up to 6.8%, near the top of the target range. The post Kenya Holds Interest Rate at 8.75% appeared first on The Rio Times.
Kenya's Ndegwa family is cleared to buy back 24.1% of ICEA Lion for a reported US$65.5 million from a fund through which Prudential Financial holds it. The post Kenya’s Ndegwa Family Cleared to Buy Back 24% of Insurer ICEA Lion appeared first on The Rio Times.
Kenya neighbours define its power as East Africa's logistics and finance hub, from Mombasa port rivalries to Uganda trade and Somalia security. The post Kenya Neighbours Explained, East Africa in 2026 appeared first on The Rio Times.