Market News
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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. . .Kenya: Loans for Solar Systems Make Power Affordable in Rural Kenya
Posted on :Wednesday , 13th September 2017
Naivasha — Access to credit enables villagers to buy solar equipment in instalments - easier and cheaper than a grid connection
It is early evening in Ndabibi village in Naivasha, and there are threatening clouds overhead. Kenneth Njoroge quickly parks his motorcyle by the mud structure that serves as his kitchen and rushes into the main house before the. . .Kenya: gov to shoulder Lake Turkana Wind Power bill
Posted on :Wednesday , 13th September 2017
In East Africa, developers of the Lake Turkana Wind Power project are billing Kenya Power monthly due to its failure to distribute the generated power as a result of a lack of transmission infrastructure.
According to the Daily Nation, this is despite recent discussions between energy ministry officials and the wind farm managers to delay the billing, which wo. . .Please Select an Option
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