Leading the conversation on Climate in Africa
Africa’s local content policies are intended to build domestic capability, but overly narrow definitions of “local” may be discouraging the very investment and expertise African energy markets need, according to Samuel Diminas, Group CEO of Westpaq Group. Diminas told Africa Digest News Editor-in-Chief Perpetual Kendi that local content should be treated as an economic-development tool…
Copenhagen-based impact investor Nordic Impact Funds has invested in Irrisol Engineering, a Ugandan company that designs, builds and operates solar-powered water mini-grids and standalone water systems for rural and peri-urban communities. The investment, announced on 20 October 2026, was made alongside existing investor DOB Equity, a Dutch family-backed impact investment firm focused on sustainable businesses…
Fortis Green Renewables Investment Management and Zeitinger Invest GmbH have made a growth equity investment in GRIPS Energy Group, a Berlin-based independent power producer and energy service company that finances, builds, owns and operates solar and battery storage systems for commercial and industrial customers across sub-Saharan Africa. The investment, announced on 13 October 2026, will…
Spiro, Africa’s largest electric mobility company, officially launched its first 100 electric motorcycles in Ghana on 20 October 2026, introducing the Ekon 450 M1 V3 two-wheeler and battery-swapping infrastructure to the Ghanaian market. The launch, held under the theme “The First 100: Powering a New Era of Mobility in Ghana,” featured a convoy of 100…
BOC Kenya carries one of the longest corporate lineages of any company in this series, tracing back to a patent taken out by two French brothers in 1880s London. It’s also, quite recently, become an accidental case study in shareholder activism, after minority investors successfully fought off a four-year takeover attempt by a fellow NSE-listed…
Carbacid Investments has one of the most unusual origin stories on the entire NSE: a company built on a natural underground reservoir of carbon dioxide, discovered almost by accident in a Kenyan forest nearly a century ago. Today it’s East Africa’s dominant supplier of food and industrial grade CO2, and a company that made regional…
Umeme is the outlier of this entire series: a company whose core business no longer exists. For two decades it was Uganda’s sole electricity distributor and one of the NSE’s most reliable dividend payers, cross-listed from Kampala. Then its 20-year government concession ran out in March 2025, was not renewed, and the company effectively lost…
TotalEnergies Marketing Kenya holds a genuine NSE first: it was the first multinational oil company ever listed on the exchange, a distinction it has held since 1988 and still holds today. Nearly seventy years since it first opened for business in Kenya, it remains one of the country’s dominant fuel retailers, even as newer rivals…
Read More “Inside the NSE: TotalEnergies Marketing Kenya (TOTL)” »
Kenya Power is the company that keeps the lights on for over nine million Kenyan customers, and its story on the NSE is one of the most dramatic turnarounds on the exchange: a stock that traded as low as KSh1.38 in December 2023 has since risen more than 400%, then kept climbing further still. Here’s…
KenGen is East Africa’s leading electricity producer and a company whose origins actually predate Kenyan independence. Built to carry hydropower across a colonial border, it now runs the largest geothermal fleet on the African continent and supplies roughly 60% of the electricity Kenya consumes. Here’s the full picture. History and Founding Story KenGen’s story begins…
