Kplc

World bank Cites Weak Governance As Root Cause of High Electricity Prices In Kenya

Nairobi, Kenya – World Bank report has cited that systemic governance failures – not just technical or market factors – are the primary driver behind Kenya’s persistently high electricity costs, which remain 42% above the African average despite the country’s abundant renewable energy resources. The findings come as Kenyan households and businesses grapple with power…

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Kenya power

Kenya’s KSh 2.5 Trillion Energy Revolution: How the Government Plans to End Persistent Blackouts

Nairobi, Kenya – In an effort to solve persistent power crisis, the Kenyan government has unveiled a comprehensive KSh 2.5 trillion ($20 billion) energy masterplan that will dramatically reshape the country’s power generation, distribution, and consumption landscape by 2030. The strategy, which combines massive renewable energy expansion with strategic fossil fuel investments, aims to not…

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Sbm bancassurance

SBM Bancassurance: Redefining Financial Protection in Kenya’s Digital Age

Nairobi, Kenya – In an era where 63% of Kenyan adults remain underinsured despite growing financial risks, SBM Bancassurance Intermediary is pioneering a tech-driven approach to insurance accessibility. The company’s innovative bancassurance model, which merges banking convenience with tailored insurance solutions, now protects over 1.2 million Kenyans across 14 financial institutions. But how exactly does…

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Nairobi County & Muiaa Labs on Web3 Blockchain Bootcamp Awarding Ceremony: Celebrating Young Innovators

Nairobi, Kenya – May 14, 2025 The just-concluded Nairobi County Web3 & Blockchain Bootcamp Award Ceremony marked the triumphant end of a three-day intensive innovation program aimed at nurturing the next generation of blockchain developers. Hosted by MUIAA Labs in collaboration with the Nairobi City County Government and Computer Aid International, the event brought together…

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Bitcoin kenya

Crypto Wallet Screening: The Invisible Shield Against Financial Crime – How It Works and Why It Matters

Nairobi, Kenya – As cryptocurrency adoption surges across Africa, a silent revolution in financial security is underway. Advanced wallet screening technologies now prevent over $3 billion annually in illicit crypto transactions globally, with Kenyan fintech firms at the forefront of implementing these solutions. But how exactly does this digital detective work function, what are its…

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