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Petrol Station Owners Warn of Fresh Price Hike - April 2026
The Petroleum Outlets Association of Kenya (PAOK) has criticized the government's VAT reduction on fuel, warning it will not provide lasting relief and could lead to future price hikes. The International Monetary Fund (IMF) has lowered its growth forecast for Kenya and Sub-Saharan Africa due to rising fuel costs and economic uncertainty triggered by the Middle East conflict. Meanwhile, the Energy and Petroleum Regulatory Authority (EPRA) is urging greater regional collaboration among African nations to reduce electricity costs and bolster energy security, and hosted a delegation from Brazil's energy regulator ANEEL for a benchmarking visit focused on regulatory cooperation and clean energy transition.
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