Market News
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A Million More Homes To Gain Access To Power in Kenya and Uganda
Posted on :Thursday , 12th October 2017
One million homes in Kenya and Uganda will gain access to electricity, thanks to a number of investors’ raisings Sh 8 billion in collaboration with the UK government to finance a new solar project.
Kenya based solar kit reseller, M-KOPA Solar announced that the initial payments were made through Dutch Development Bank FMO (Sh 1.3 billion), UK Inves. . .Kenya-Solar Products in High Demand
Posted on :Friday , 6th October 2017
There has been an increased demand for solar water heating systems after the announcement of the November 30th deadline for the installations of these systems, according to sources from within the industry.
The announcement was in accordance with the Energy Regulations of 2012, where all industrial, commercial and large residential building in urban centers&rs. . .Kenya-Spain Look To Finally Complete Power Line
Posted on :Tuesday , 19th September 2017
The Kenyan Government has asked Spain to nominate a new contractor to undertake the completion of the Lake Turkana Wind transmission project, which has been stalling ever since the termination of the previous contractor due to their struggle with debt.
Secretary of Energy, Charles Keter explained that the power line is funded by the Spanish government, prompti. . .Kenya: the AfDB looks to fund Lamu coal project
Posted on :Wednesday , 13th September 2017
The African Development Bank (AfDB) is considering to fund the construction of Kenya’s first coal-fired power plant.
Speaking to Xinhua in Nairobi on Monday, AfDB Director-General of the East Africa Regional office, Gabriel Negatu, said the multilateral development finance institution is awaiting the environmental and social audits before they can releas. . .KenGen powering Kenya to the future
Posted on :Wednesday , 13th September 2017
The Kenya Electricity Generating Company was established in 1954 and listed at the Nairobi Securities Exchange in 2006.
In 2006, The Securities Exchange was located in Nation House and I recall the euphoria and the excitement around that listing.It was a momentous moment in the history of the Kenyan capital markets and I urge th. . .Please Select an Option
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