World Bank Approves Ksh.18 billion to Support Kenya’s Energy Sector

The World Bank has today approved Ksh.18 billion to support the energy sector in Kenya. The loan guarantee will be used to mobilize private sector financing to strengthen the financial position of Kenya Electricity Generation Company Limited (KenGen). According to the the project will supports KenGen in raising up to $300 million in long-term commercial […]

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KenGen Opens its Rights Issues, targets to raise Sh29 billion

KenGen has announced that it is selling  4.4 new shares at a discounted price of Shs 6.55 per share to raise Ksh29 billion for business expansion. The company made this announcement when it opened its  Rights Issue today. The Rights Issue which is expected to run for three weeks will close on  Friday June 10, […]

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