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Kenya

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Commodities

Brent Crude Tops $116, a Six-Month High: What It Means for Nigeria, Angola, Kenya and Africa's Oil Importers

Brent crude topped $116 a barrel on 23 October after Houthi attacks on Saudi Arabia. What the six-month high means for African exporters, importers and FX.

3 min read

Red-and-white refinery chimneys lit against a dark blue evening sky
African Equities

Dangote Refinery IPO Enters Final Days: NGX Says the N525 Offer Could Triple or Quintuple Nigeria's Active Investors

The Dangote refinery IPO closes 27 October at N525 a share. NGX's Temi Popoola says it could lift Nigeria's active investors three to five times. Key numbers.

4 min read

Fuel storage tanks at an industrial harbour under a stormy sky
African Equities

Kenya Pipeline Company: Dangote Buys 25% Stake for $327 Million in NSE Block Trade

Aliko Dangote has bought 25% of Kenya Pipeline Company for about $327m in an NSE block trade, months after KPC's IPO. The price, the asset and the risks.

4 min read

Nairobi skyline on a sunny day above a navy band with the Market Pulse Africa logo and the headline Kenya's economy grows 5.1% in Q2
Macro & Economy

Kenya GDP Growth Holds at 5.1% in Q2 2026 Despite $104 Oil

Kenya GDP growth reached 5.1% in Q2 2026, up from 4.9% a year earlier, as electricity, hotels and ICT outpaced farming. What it means for rates and the shilling.

4 min read

An oil derrick silhouetted against an orange sunset sky, beside a rising candlestick price chart.
Commodities

Brent at $110: Which African Economies Gain and Which Lose

Brent at $110 splits Africa in two. Nigeria and Angola gain export revenue while Kenya, Ghana and South Africa face higher fuel bills and inflation.

4 min read

**Alt Text:** A landscape-format financial news cover image for Market Pulse Africa. The top background is a detailed, daylight photograph of a mining site in Kenya with large mach
Commodities

Kenya: Ores and metals exports (% of merchandise exports), 2025

Ores and metals accounted for 5.1% of Kenya’s merchandise exports in 2024. No official figure for 2025 has been published yet. Food and manufactures continue to dominate the export basket.

2 min read

A groundbreaking ceremony takes place at a coastal construction site in Kenya, with dignitaries holding ceremonial shovels and oil refinery infrastructure renderings visible in the
Commodities

Dangote and Ruto break ground on $16bn Kenyan refinery

Dangote and Kenyan President Ruto broke ground on a $16bn Lamu refinery, despite an active land dispute — here's what the project aims to deliver by 2030.

6 min read

A softly lit East African city skyline at dusk with a faint mobile network signal icon and a market graph dipping then recovering overlaid in the sky.
Commodities

Kenyan Court Blocks Vodacom's $2.1bn Safaricom Stake Sale, Shares

A Kenyan court has struck down Vodacom's $2.1bn Safaricom stake purchase, reopening a long-running legal battle over the deal.

5 min read