AGP Executive Report
Last update: 3 hours agoBusiness Impact: Safaricom says it generated Sh1.247 trillion in value for Kenya’s economy and supported 1.4 million jobs in the year to March. Markets: Kenya Pipeline became the NSE’s fourth most valuable firm after Aliko Dangote bought a 24.76% stake; Olympia Capital shares surged 198% as Ndindi Nyoro disclosed a 9.76% holding, despite falling profits. Energy: A proposed Sh39 billion floating LNG plant in Mombasa could add up to 1,200MW of power and reduce reliance on costly thermal generation. Tax and Payments: KRA is discussing M-Pesa e-invoicing for small traders, while banks and payment firms are applying 16% VAT to digital transaction fees from November 1; ordinary mobile-money transfers are exempt. Trade and Investment: Kenya and Indonesia are seeking closer economic ties after bilateral trade reached $691 million in 2025. ClimateTech: Kenya attracted 51.3% of Africa’s recorded ClimateTech funding between 2019 and 2025.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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