Market News
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SH80 MILLION POWER PROJECT LAUNCHED IN HOMA BAY
Posted on :Friday , 8th August 2014
Homa Bay: A power project, which will cost Sh80 million to develop, has been unveiled in Homa Bay county.
The ambitious initiative, being undertaken by Kenya Power, is expected to end frequent power outages in the area.Dubbed "Boresha Umeme Homa Bay", the initiative will increase electricity supply in the area to six t. . .
Kenya: Voi Reaps Big From Kenya\'s First Major Carbon Project
Posted on :Friday , 8th August 2014
For many years, residents of Kasigau location in Voi lived off felling trees, clearing bushes and burning charcoal in an open-canopy forest where they call home, but a carbon trading project is empowering thousands of residents here to embrace new sustainable sources of livelihoods.
The smoky overhead that traditionally engulfed the forest has now paved way to. . .
Africa\'s Richest Man Aliko Dangote Partners Blackstone, Carlyle In $5 billion Energy Deal
Posted on :Friday , 8th August 2014
Two of America’s largest private equity firms are teaming up with West Africa’s largest industrial conglomerate, Dangote Industries, to invest in Africa.
According to a report by the Wall Street Journal, Black Rhino Group, a portfolio company of Blackstone Energy Partners and affiliated funds managed by Blackstone Group, is partnering with Dangote . . .
Tata Power explores Renewable Energy Opportunities in Africa
Posted on :Thursday , 7th August 2014
Tata Power is looking for expansion opportunities in East Africa.
Energy Infrastructure Development in East Africa
Posted on :Wednesday , 6th August 2014
Power infrastructure in the East African countries of Uganda, Kenya, Tanzania and Rwanda is inherently connected to their economic growth. As urbanisation and industrialisation fuel the need for electricity in cities, the demand for electricity in East Africa is expected to grow at approximately 5.3 percent per year until 2020. To meet these requirements, generation capacity would have to. . .
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