Kenya's Untapped Billion Dollar Mineral Boom

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Kenyan Wall Street
August 04, 2025

The Company Betting Big on Kenya’s Untapped Mineral Wealth

Kenya is rapidly positioning itself as a vital player in the global electric vehicle (EV) revolution, leveraging its rich, yet largely untapped, mineral resources.

In an interview with The Kenyan Wall Street, Jason Brewer, a seasoned mining engineer and CEO of Marula Mining Plc, says Kenya has unparalleled advantages in becoming Africa’s hub for the battery metals sector.

  • Clean Energy: Over 90% of Kenya’s energy is derived from renewables, a distinction few countries globally, and no other in Africa, can claim. This clean energy supply is crucial for sustainable processing and value addition in the mineral sector.

  • Robust Infrastructure: Kenya boasts some of Africa’s best ports, offering significant logistical benefits. For instance, Mombasa port is half the distance to the Middle East compared to South African ports, drastically cutting costs.

  • Educated Workforce: The country possesses a highly educated and hardworking workforce, which Brewer considers a key natural resource, akin to Singapore’s human capital.

Marula Mining’s primary focus in Kenya is on copper, graphite, and manganese, all critical minerals for new economies and the transition to green energy.

Capital Markets

 

Eaagads FY2025 Profit Jumps 147% on Stronger Prices, Higher Sales

Eaagads Ltd posted a 147% rise in FY2025 pre-tax profit to KSh 17M, driven by higher coffee prices and volumes despite a drop in production.

kenyanwallstreet.com/eaagdas-fy2025-earnings

Acorn REITs Post Strong HY 2025 Profits on Higher Rents and Valuations

Acorn D-REIT and I-REIT posted higher HY 2025 profits, NAVs, and rental income. Fair value gains and higher occupancy supported performance.

kenyanwallstreet.com/acorn-reits-post-strong-hy-2025-profits-on-higher-rents-and-valuations

Bamburi Cement Edges Closer to Delisting as NSE Extends Trading Suspension

Bamburi Cement moves closer to delisting as NSE extends its trading suspension following Amsons Group’s 96.54% buyout.

kenyanwallstreet.com/bamburi-cement-edges-closer-to-delisting-as-nse-extends-trading-suspension

Insights

What Kenya Can Learn from Switzerland’s Thriving Innovation Economy

While global economies are steadily progressing from factor-driven to efficiency-driven- and ultimately to innovation-driven stages, Kenya remains largely commodity-dependent. Switzerland provides a useful blueprint, and Kenya has the capacity to follow it- what is needed now is better alignment between strategy, investment, and policy to drive meaningful progress. Read More

Stories you missed 

A special purpose vehicle (SPV) called Kalahari Cement linked to businessman Ebrahim Abdullah Munif, has signed binding agreements to acquire a 28.2% stake in Kenya’s second largest cement manufacturer, East African Portland Cement Plc (EAPC), from two shareholders. Read More.

The Competition Tribunal of South Africa has conditionally approved the acquisition of MultiChoice Group Limited by French media conglomerate Groupe Canal+ SAS, with a strong emphasis on job security and economic transformation. Read More.

On your watchlist 

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