Market News
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Kenya, France Sign Sh3.6bn Deal for Northern Kenya Power Grid
Posted on :Tuesday , 2nd August 2016
Nairobi — Kenya and France Monday signed a deal of Sh3.63 billion for power grids in Northern Kenya counties, boosting the government's efforts to provide affordable power to all Kenyans.
President Uhuru Kenyatta and French Foreign Minister Jean-Marc Ayrault witnessed the signing of the Credit Facility Agreement at State House, Nairobi.. . .Kenya: Sh4 Billion Network Upgrade Planned As Power Lines Go Underground
Posted on :Tuesday , 2nd August 2016
Kenya Power is set to roll out a massive electricity grid modernisation plan in major towns to stabilise power supply as more customers are hooked to the main network.
An elaborate plan seen by the Nation will see the network within Nairobi and its outskirts taken underground.The five year plan running until 2020, will cost Sh4 billio. . .AFD, DTB to Support Investment in Renewable Energy Technologies
Posted on :Thursday , 14th July 2016
Small and medium enterprises (SMEs) that are interested in investing in renewable energy technologies will now receive soft loans from the French Development Agency through Diamond Trust bank (DTB).
Agence Francaise de Development (AFD) and DTB have signed a credit agreement worth Shs 33bn to finance green energy projects in the country. Yves Boudot, the regional di. . .East Africa: Focus On Regional Geothermal Development at Power Forum in Nairobi
Posted on :Tuesday , 5th July 2016
The upcoming East African Power Industry Convention (EAPIC) in Nairobi, Kenya will focus on how the region can harness the opportunities presented by geothermal power to enhance access to energy, especially among rural communities.
"There is no one-size-fits-all approach to developing geothermal. It's an amazing source of base load, renewable energy, but we hav. . .Kenya: AfDB Approves Sh13 Billion Loan to Link more Households to National Grid
Posted on :Thursday , 30th June 2016
About 300,000 households and businesses will be linked to the national grid after the African Development Bank (AfDB) approved a Sh13.5 billion loan for a low-cost connection project.
The project targets homes not connected to electricity and which are within a 600-metre radius to a transformer.The loan, which was approved on Monday, . . .Please Select an Option
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