A sector with strong growth potential

Energy consumption is growing at seven percent a year. As income continues to increase and industrialisation intensifies, energy consumption is expected to boost over the next upcoming years.

Kenya’s strong growth prospects are supported by an emerging middle class and an increasing appetite for high-value good and services.

Household final consumption per capita (in USD)
Source : Kenya National Bureau of Statistics

The Kenyan manufacturing industry is the third manufacturing industry in Sub-Saharan Africa. Growth in the manufacturing sector continues to be particularly strong and robust: the value added increased by 3.5% in 2015 and 2016.
First manufacturer in East Africa
Source : World Bank

Investors in the energy sector enjoy non-fiscal and fiscal incentives.

Why Kenya for energy?

Widely available renewable natural resources Strong government support

1. Wind
Proven potential of as high as 346 W/m2 and speeds of over 6 m/s

2. Solar
Average annual insolation estimated at 4-6 KWh/m2/day

3. Geothermal
Kenya is the 8th largest global producer of geothermal with 210 MW of capacity.  14 high temperature potential sites along the Rift valley with more that 10,000 MW potential were identified

4. Hydro
Hydro accounts for more than 50 percent of the local electrical power generation. Potential of 1,000 MIN exists for small hydro power

1.A feed-in-tariff (FIT) policy eliminating pricing risk
A FIT (US$/KWhr) is guaranteed by the government for renewable energy projects

2. Public-Private-Partnerships
The government is committed to increase investments in energy through Public-Private-Partnerships