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Originally published by Nation Business
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business
May 21, 2026
2mo ago

Kenya Power earns Sh382m from EV charging infrastructure

Kenya Power earns Sh382m from EV charging infrastructure

Monthly earnings from EV charging have risen from Sh873,907 in July 2023 to a peak of Sh35 million in February 2026...

✨ Key Highlights

Kenya Power has generated Sh382 million in revenue from electric vehicle (EV) charging infrastructure in less than three years, demonstrating rapid growth in this emerging sector.

  • Monthly EV charging earnings have surged from approximately Sh873,907 in July 2023 to a peak of Sh35 million in February 2026.
  • This significant revenue stream is attributed to a specialized EV charging tariff developed with the Energy and Petroleum Regulatory Authority (EPRA), offering affordable off-peak rates.
  • Nairobi accounts for 71 per cent of the revenue, but adoption is expanding nationwide, highlighting the increasing mainstream reality of EV adoption in Kenya.

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President William Ruto has promised urgent implementation of minimum fare rules for ride-hailing taxis like Uber and Bolt to protect operators from the current fuel crisis. Following this directive, ride-hailing users in Kenya will soon face higher fares due to the minimum fare regulations. At the same time, Kenya Power has generated Sh382 million in revenue from electric vehicle charging infrastructure in less than three years, showing rapid growth in the EV sector. Additionally, agricultural experts, lenders, and corporate executives are urging increased investment in rural logistics and transport systems across Africa, highlighting that inadequate infrastructure hinders smallholder farmers from accessing profitable markets.

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