AGP Executive Report
Last update: 7 hours agoSafaricom Court Fight: Petitioners urged a High Court three-judge bench to block the government’s planned sale of its 15% Safaricom stake to Vodacom, arguing it’s unconstitutional, undervalued and would hand effective majority control to foreign interests. Fuel Trade Deal: Kenya and Rwanda signed three pacts to set a framework for Rwanda-bound fuel imports, with Kenya Pipeline Company and Rwanda’s Trade Ministry confirming the arrangements. Mining Transparency Row: Former Interior CS Fred Matiang’i accused the Ruto administration of quietly granting opaque mineral concessions, calling for publication of mining licences and concession agreements. Digital & Fintech Push: Fikra API launched an OpenAI-compatible AI inference service for African developers with M-Pesa payments and local pricing; Kenya also stepped up cybersecurity efforts via a Naivasha ISMS conference. Transport & Compliance: NTSA outlined what inspectors will check from July 1 under mandatory vehicle inspections, while a fresh court challenge seeks to suspend the rules. World Bank Financing: The World Bank approved a $750m loan to boost Kenya’s resilience, infrastructure, social protection and climate-focused development. Energy Pipeline: KenGen expanded its renewable pipeline target to 5,500MW and unveiled its sustainability report. Agribusiness Exports: Afriavo Orchards won approval to export frozen avocados to China after a KEPHIS compliance audit. Capital Markets: TRIFIC Green USD I-REIT listed on the Nairobi Securities Exchange after a heavily subscribed offer, signalling strong investor appetite for dollar-denominated green property.
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.