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Shanta bets Sh66bn on Kenya gold rush after key sector reforms
Residents of Ikolomani protesting at Isulu in Kakamega county on November 12, 2025 following alleged eviction directive by the government to pave space for Shanta Gold miners to take over their land for mining company.
Mineral exploration firm Shanta Gold Kenya has committed $510 million (about Sh66 billion) in new investments in the country, officials of the Mining ministry have revealed.
The capital outlay by the East Africa-focused miner for its West Kenya gold project forms part of the more than Sh129.48billion ($1 billion) inflows that the country has courted over the past year following sweeping reforms in the sector.
