BOC Kenya Plc reported a significant financial uplift in the first half of 2025, with profit after tax soaring by 170% to KSh 166.7 million, primarily fueled by increased demand for industrial and medical gases.

• Revenue increased by 38.5% year-on-year to KSh 724.9 million, driven by higher volumes and customer engineering projects.
• Former chairman Kiuna Ngugi increased his stake in BOC Kenya to 17.91% in 2024 after successfully opposing a KSh 1.2 billion takeover bid.
• The company's balance sheet showed growth, with total assets rising 19.2% to KSh 2.45 billion and equity up 12% to KSh 2.13 billion.

HewaTele Limited, a Kenyan medical oxygen producer, has secured US$10.5 million from AfricInvest’s Transform Health Fund. This investment will fund the construction of a large-scale plant in East Africa capable of producing oxygen at 99.6% purity.

• The new facility aims to produce 20 tonnes of medical oxygen daily and supply over 300 healthcare facilities across East Africa.
• HewaTele was founded in 2014 by Dr. Bernard Olayo and operates plants in Siaya, Kisumu, and Nakuru.
• This funding is part of a larger US$20 million package, supported by development financiers including the U.S. International Development Finance Corporation and Finnfund.