President William Ruto has finally come out of the shadows after the recent spike in fuel prices, promising Kenyans that the government has made provisions for them against the increasing price of petroleum products. Amid rising concern among Kenyans, William Ruto said global fuel prices remain a major challenge and noted that Kenya is no
As Kenya has made arrests in the petroleum sector in recent days, other East African countries have also done the same. Countries like Tanzania and Ethiopia. These arrests and dismissals involving senior energy sector officials across these countries have drawn attention as Kenya continues investigations into the alleged irregularities in petroleum importation and supply chain
A United Kingdom and France-led coalition of nearly 30 countries has stepped up efforts to reopen the Strait of Hormuz, raising hopes for African economies struggling with high fuel prices and inflation. The strategic waterway carries a large share of the world’s oil. However, recent disruptions have cut supply and pushed global energy prices higher.
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