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Kenya
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- 1Dangote hires refinery engineers for new Kenya crude plantβAliko Dangote, Africaβs richest person, has hired the engineers that built his Lagos refinery to work on the new crude p
Aliko Dangote, Africa's richest person, has hired the engineers who built his massive Lagos refinery to work on a new crude processing plant in Kenya. Construction is set to begin this month, marking an expansion of his refining business beyond Nigeria and a potentially significant investment in East Africa's energy infrastructure.
- 2Kenya and US hold first full-scale joint base defence drillβKenya and US military test defence of strategic East African base in first full-scale joint drill
Kenyan and US militaries have carried out their first full-scale joint exercise to test the defence of a strategic East African base. The drill, reported by regional outlets, is being framed as a milestone in the two countries' growing security cooperation amid ongoing concerns about extremist threats in the region.
- 3Kenya mortgage loans rise to Ksh307 billionβCBK: Mortgage loans hit Ksh307B as average borrowing rises to Ksh10M
The Central Bank of Kenya reports that mortgage loans have reached Ksh307 billion, with the average mortgage rising to about Ksh10 million. The figures point to continued growth in Kenya's housing finance market, but also highlight affordability pressures as borrowing sizes climb, a topic drawing attention from homebuyers, lenders and property analysts.
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The U.S. Embassy in Kenya has issued an advisory following a cyber breach in the country, urging caution among citizens and organizations potentially affected. Details about the breach, including who was targeted and the scale of the incident, have not been fully disclosed, but the embassy's involvement has drawn attention to growing cybersecurity concerns in Kenya.