Fintech: Kenya’s first oil dream suffers major blow after Ksh9.8B budget cut

PEOPLE DAILY

Fintech: Kenya’s first oil dream suffers major blow after Ksh9.8B budget cut

Kenya’s ambitious plan to deliver its first commercial oil before the end of 2026 has suffered a major setback after the National Treasury slashed Ksh9.84 billion in development funding for the South Lokichar Basin project. In a statement shared on X on Monday, June 8, 2026, Fintech raised concerns over the budget cut, warning that […]

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