Francis Ikoha

Aliko Dangote has told the BBC that construction of his proposed Lamu oil refinery in Kenya is set to begin in October 2026, with groundbreaking to precede the start of building work. The project is expected to cost around Sh2 trillion, down from an initial estimate of Sh2.2 trillion. The refinery will have a processing capacity of 700,000 barrels of crude oil per day, making it East Africa's largest refinery and the continent's second-largest after Dangote's facility in Lagos, Nigeria. Dangote first announced plans to expand into East Africa in April 2026.

The Nairobi Securities Exchange is now within KSh 50Billion of reaching the KSh 4Trillion market-capitalisation mark.

NCBA Group shareholders have until 17:00 EAT today, July 10, 2026, to submit their Forms of Acceptance for Nedbank Group's partial pro-rata offer to acquire approximately 66 percent of NCBA's issued ordinary shares. Shareholders receive KES 2,100 cash plus 4.02994 Nedbank shares listed on the Johannesburg Stock Exchange for every 100 NCBA shares accepted. Those entitled to fewer than 200 Nedbank shares receive full cash settlement of KES 10,500 per 100 shares

Central Bank of Kenya Governors since 1966 establishment: ▸ 1966 - 1967 ➠ Leon Baranski ▸ 1967 - 1982 ➠ Duncan Ndegwa ▸ 1982 - 1988 ➠ Philip Ndegwa ▸ 1988 - 1993 ➠ Eric Kotut ▸ 1993 - 2001 ➠ Micah Cheserem ▸ 2001 - 2003 ➠ Nahashon Nyagah ▸ 2003 - 2007 ➠ Andrew Mullei ▸ 2007 - 2015 ➠ Njuguna Ndung'u ▸ 2015 - 2023 ➠ Patrick Njoroge ▸ 2023 - Present ➠ Kamau Thugge