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Kenya Inflation Rises to 5.6pc in April on Fuel, Transport Costs
Kenya's annual inflation rate climbed to 5.6% in April, up from 4.4% in March, primarily driven by increased costs in fuel and transport sectors. The Kenya Revenue Authority is demanding Sh23.1 billion in taxes from Tullow Oil following its 2025 sale of Kenyan business to Auron Energy E&P Limited. Separately, One Petroleum Ltd is blaming the Kenyan government for a scandal involving contaminated fuel, claiming they supplied the emergency cargo based on instructions from the Ministry of Energy. Meanwhile, Nairobi's upscale suburbs, particularly Lavington and Spring Valley, experienced significant house price growth in Q1 2026 due to limited housing supply, though some apartment areas saw declines from increased supply.
China Grants Zero-Tariff Treatment to All African Countries with Diplomatic Ties
China will grant zero-tariff treatment to all African countries with diplomatic ties starting May 1, 2026, expanding the policy to an additional 20 nations. Kenya's agricultural sector is celebrating the prospect of duty-free access to the Chinese market, hailing it as a milestone that will significantly boost competitiveness and export volumes of Kenyan products. At the same time, Chinese-made electric vehicles have captured a dominant 74.9% market share in Israel as of 2025, significantly outpacing competitors from Germany and South Korea.
