Global Oil Price Drop, Rising Re-exports And Renewable Energy Drive Kenya’s Energy Sector In 2024

Kenya’s energy sector experienced significant shifts in 2024, shaped by falling global oil prices, rising petroleum re-exports, increased domestic demand for cleaner fuels, and a strong pivot towards renewable energy sources, according to the latest Economic Survey 2025.Global crude oil prices declined for the second straight year due to oversupply from non-OPEC producers and weakened … Continue reading Global Oil Price Drop, Rising Re-exports And Renewable Energy Drive Kenya’s Energy Sector In 2024