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Kenya
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for the 15 Dec - 21 Dec
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NCBA Bank and HEVA Fund have launched five financing products targeting Kenya’s creative sector. The offerings cover event financing, invoice discounting, LPO financing, working capital, and start-up incubation. The partnership aims to support production, equipment purchases, marketing, and distribution. HEVA said it committed $7 million to expand creative industry funding, while NCBA noted the initiative will also provide financial literacy and loans at 9% interest to improve access to capital.
Kenya’s energy regulator has kept fuel prices unchanged for the December 2025 to January 2026 cycle. The Energy and Petroleum Regulatory Authority said Super Petrol will sell at KSh 184.52 per liter, Diesel at KSh 171.47, and Kerosene at KSh 154.78 in Nairobi. EPRA noted that price stability reflects tax adjustments, global market trends, and exchange rate movements influencing landed fuel costs across major towns nationwide amid steady supply conditions and controlled distribution networks operations.
Airtel Money reached a 10.3% market share in Kenya, while Safaricom’s M-Pesa fell below 90% for the first time, according to Communications Authority data. The shift reflects sustained growth by Airtel since 2023, supported by lower fees and wider agent coverage. M-Pesa’s share has gradually declined as competition intensifies. Overall, mobile money usage continued to expand, with active subscribers rising to 47.7 million and transaction volumes remaining high across the sector.
Kenya Tea Development Agency reported higher tea sales in 2025 despite lower output and rising costs. KTDA said green leaf production fell 12.1% due to low rainfall, while made-tea volumes declined 11.55%. Factories sold 319 million kilograms of made tea, a 10% increase year on year. The agency cited operational discipline, expanded digital systems, stronger governance, and farmer sustainability programs supporting resilience and future sector stability across Kenya’s tea industry nationwide.
Brookside Dairy announced a KSh 257 million reward payout to contracted milk suppliers in Kenya. The bonus, paid in addition to regular milk payments, targets farmers who met agreed quantity and quality thresholds. Most funds will go to dairy groups, with the balance shared among traders, large farms, and individuals. The company said the scheme supports clean milk production, higher volumes, and long-term supply chain sustainability across key milk-producing regions.
Kenya is losing about KSh 684.2 billion annually in unrealized export potential, according to an industry study, as the country remains a net importer. The report cites unexploited opportunities in regional EAC and COMESA markets, particularly in manufacturing and value-added goods. Export earnings declined in several African markets, despite total exports reaching KSh 1.1 trillion. Industry and government leaders called for regulatory reforms, lower business costs, and stronger value chains to improve competitiveness.