Klaus

The World Bank says electricity costs for businesses in Kenya are almost 50% higher than in Uganda and more than 124% higher than in Viet Nam, two of its peer countries. The report says opaque power purchase agreements (PPAs) and weak procurement practices have contributed to high electricity costs.

The World Bank says Kenya spends about 10% of its GDP, roughly Sh1.6 trillion, on public procurement annually. However, in FY2024/25, only Sh410 billion had some procurement information published. (This means about Sh1.2 trillion lacked published procurement information).