Market News
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US Agency to support development of hydroelectric plants in Kenya
Posted on :Tuesday , 12th September 2017
In a statement, USTDA says that the grant funds a feasibility study that will evaluate the viability of the sites for power generation and examines the best approach for connecting the sites to the national grid.
The five plants are expected to collectively add approximately 17 megawatts of renewable energy to Kenya’s generation mix.Africa Energy: Private Sector-led Investments in Power Transmission
Posted on :Tuesday , 12th September 2017
Sub-Saharan Africa needs to get the private sector invested in power generation — and more investment in the transmission sector is “urgent,” says the World Bank in a 2017 report. With 600 million Africans without access to power, the continent faces severe limits to growth in every sector, from health and education to industrialization efforts and infrastructure growth.. . .
USTDA providing support for Kenyan small hydropower studies
Posted on :Tuesday , 12th September 2017
The U.S. Trade and Development Agency has announced its support for Saigrene Energy Kenya Ltd., which will help the developer explore the potential for run-of-river hydroelectric projects at five sites in Kenya.
USTDA's support comes in the form of a grant of unspecified value, which will allow for consultancy group Knight Piesold to perform feasibility studie. . .Kenya: Obama's Power Africa Initiative Short of Goal Despite Gains
Posted on :Tuesday , 12th September 2017
New York — A new report on Barack Obama's main legacy project for Africa shows it is falling short of his original goal of bringing electricity to 20 million households in Kenya, Tanzania and four other countries by 2018.
Mr Obama's Power Africa initiative, announced in 2013, has so far helped connect only about half the projected number of households, a. . .Loans for solar systems make power affordable in rural Kenya
Posted on :Tuesday , 12th September 2017
It is early evening in Ndabibi village in Naivasha, and there are threatening clouds overhead. Kenneth Njoroge quickly parks his motorcycle by the mud structure that serves as his kitchen and rushes into the main house before the rain starts pounding.
Until recently, Njoroge’s home northwest of Kenya’s capital, Nairobi, was poorly lit at night. Mos. . .Please Select an Option
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