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Originally published by The Standard Business
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February 13, 2026
2w ago

Minority investors win bigger say in KenGen Board shake-up

Minority investors win bigger say in KenGen Board shake-up

KenGen will be classifying shares in a new governance structure that will see minority shareholders have more power to choose their representative at board level...

✨ Key Highlights

Kenya Electricity Generating Company (KenGen) is implementing a new governance structure that will classify shares, granting minority shareholders increased power to select their representatives on the board. This change was discussed during an Extraordinary General Meeting in Nairobi.

  • Most important fact: KenGen will classify shares to give minority shareholders more influence in board appointments.
  • Key person: Managing Director Peter Njenga and Chairman Alfred Agoi of KenGen.
  • Notable detail: The change was announced during an Extraordinary General Meeting held on February 12, 2026, in Nairobi.

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