Market News

 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 signin . . .

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 . . .

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 . . .

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 geoth . . .

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 transfo . . .