Economy, finance, market updates, and corporate developments.
The Kenyan shilling has traded around KSh129 against the US dollar for nearly 28 months, recovering from its 2024 lows as foreign exchange reserves and dollar inflows strengthen.
2 Nov 2026
Dangote says the planned Lamu refinery will source crude from East Africa and international markets, including the Middle East, to meet its feedstock needs.
Dangote's $16 billion Lamu refinery breaks ground on September 30, aiming to replicate his Lagos success and supply fuel across East Africa — even as a land dispute with Chandavai residents casts uncertainty over the project.
Facing rising commercial feed costs, Homa Bay poultry farmers turn to black soldier fly larvae — grown from organic waste — as a cheaper, protein-rich feed that's also boosting egg production.
A ship carrying 2,930 tonnes of equipment for the planned Sh2.2 trillion Dangote East African Refinery has docked at Lamu Port ahead of the project’s groundbreaking ceremony.
The High Court dismisses Kajiado County's application to join the Tata Chemicals Magadi licence suspension case, ruling its land and rates disputes are separate from the issues before the court, with judgment set for October 23.
Winners' Chapel's 109,000-seat auditorium, The Ark, nears completion in Ota, Nigeria — featuring 126 escalators and 29 elevators, and poised to become one of the world's largest purpose-built worship venues.
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