Market News

$300 Billion Project Set to Revolutionize Tanzania’s Electricity Sector
$300 Billion Project Set to Revolutionize Tanzania’s Electricity Sector
1 July 2025

By 2030, the Standard Chartered Bank aims to allocate $300 billion toward green and transition-related projects. The bank and Angola's Finance Ministry also inked a 129 billion euro financing deal to expand the nation's solar-powered electrical lighting infrastructure. In order to reduce dependency . . .

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Brightening the Capital - The Impact of Contemporary Lighting on Nairobi’s Infrastructure
Brightening the Capital - The Impact of Contemporary Lighting on Nairobi’s Infrastructure
5 November 2024

Street and public lighting is a vital element of urban infrastructure that impacts the safety, aesthetics, and economic vitality of a city. In Nairobi, the Energy and Lighting Section of the City County Government has spearheaded significant improvements in public lighting over the past decade. Thes . . .

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Rwanda Energy Group Collaborates with ZESA to Implement New Street Lighting System
Rwanda Energy Group Collaborates with ZESA to Implement New Street Lighting System
14 October 2024

Zimbabwe has launched a nationwide street lighting program, starting with a pilot project in Harare that involves installing over 1,200 new lights.This initiative is part of President Mnangagwa’s "Zimbabwe is Open for Business" policy and his collaboration with Rwandan President Paul Kagame. The p . . .

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d.light Receives $176 Million Funding For Building Up Solar-Powered Lighting Products In East Africa
d.light Receives $176 Million Funding For Building Up Solar-Powered Lighting Products In East Africa
7 August 2024

d.light has announced the conclusion of a new financing facility that will purchase $176 million in receivables from Kenya, Tanzania and Uganda. African Frontier Capital, a social impact-focused investment management company, is providing the fresh financing. d.light claims it will use the . . .

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Photovoltaic Light Projects To Be Initiated In Tanzania
Photovoltaic Light Projects To Be Initiated In Tanzania
4 July 2024

LXinstruments GmbH are currently initiating a new photovoltaic project in collaboration with the time2help association, whose mission is to boost the future opportunities of children and families in Arusha, Tanzania.The association aims to provide families an opportunity to use solar energy, specifi . . .

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