Market News

  • Electrified Africa, burgeoning market

    Posted on :Thursday , 7th March 2019

    As power rolls out across continent, ranks of appliance consumers swell rapidly.

    With a population of more than a billion and increasing access to power, sub-Saharan Africa could present a massive market for electrical products and services – sectors that are among Hong Kong’s fortes.

    In its 2017 World Economic Outlook, the International Energy Agency (. . .

  • EAST AFRICA THE FINEST INVESTMENT DESTINATION IN 2019

    Posted on :Thursday , 7th March 2019

    Rand Merchant Bank (RMB) report has predicted that Kenya, Rwanda, Ethiopia and Tanzania will be among Africa’s most attractive investment destinations in 2019. 

    East Africa being a fulfilling region in last few years has recorded more than an average growth in the number of Foreign Direct Investment (FDI).
     
    Ethiopia being Africa’s fastest. . .

  • KenGen - East Africa's Best Sustainable Power Producer

    Posted on :Thursday , 28th February 2019

    Kenya Electricity Generating Company PLC ( KenGen) has apeared East Africa’s leading Sustainable Power Producer in the 2018 Capital Finance International Awards (CFI.co Awards).


    KenGen, Kenya’s largest power producer accounting for 69% of the country’s power, was given the award for its continued, and deliberate focus on renewable energy – which account. . .

  • Construction of Kenya-Tanzania Power Interconnection Project Gears Up to Connect Southern Africa Power Pool

    Posted on :Tuesday , 19th February 2019

    The Kenya-Tanzania Power Interconnection Project has been divided into several lots, with contractors on the Tanzanian side executing to set up a 510km 400kv transmission line and following substations in order to meet the 2020 completion deadline.


    The project is being achieved by the Tanzania Electric Supply Company (Tanesco) through a $258.82 million loan from the African De. . .

  • TANESCO Power Project Extends Power Supply Across Africa

    Posted on :Wednesday , 30th January 2019

    In order to exchange electricity effectively the state-owned power utility firm is currently undertaking the Kenya-Tanzania Power Interconnection Project (KTPIP).

    The project includes building of a 400kV transmission line from Singida to Isinya in Kenya through Babati, Arusha and Namanga.

    Kenya’s extension of transmission line to Ethiopia and while Tanzania e. . .

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