Market News
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Kenya: Sh21 Billion Wind Power Project to Help Local Community
Posted on :Wednesday , 13th April 2016
Investors of the Sh21 billion wind power project at Baharini in Mpeketoni, have promised to create many jobs for locals.They said they will also establish a Sh15 million annual trust fund to support local communities.The wind harnessing plant is a project of a Kenyan firm Kenwind Holdings in partnership with Belgium's Electrawind. . .Kenya: Two Geothermal Plants to Get Sh3 Billion Funding
Posted on :Tuesday , 12th April 2016
The push for clean energy has received a major boost after a Sh3 billion ($29.65 million) concessional loan was approved to finance two geothermal power projects in Menengai with an estimated total output of 70 megawatts (MW).
A clean energy fund, backed by six multilateral development banks will provide the loan.The Climate Investmen. . .Nigerian Govt, U.S. Firm Sign MOU for 500MW Power Plant
Posted on :Saturday , 9th April 2016
Asaba — Delta State Government on Thursday signed a Memorandum of Understanding (MoU) with an American company, Alpha Energy and Electric Inc., for the generation of 500 megawatts (MW) of electricity through public- private partnership.
The MoU was signed on behalf of the state government by the Secretary to State Government (SSG), Mr. Festus Ovie Agas, witnes. . .SADC: First Phase of Regional Power Interconnector Project Nears Completion
Posted on :Friday , 8th April 2016
The first phase of the 2 300 km regional power interconnector project that will link Zambia – Tanzania and Kenya (ZTK) power grids is expected to be completed by December this year in a development that is set to boost SADC power and the African Union’s thrust for continental integration.
The Chinese development package is into 10 areas that include infr. . .Nigeria: State Govt. to Commit N29.6 Billion On Power Supply, Agriculture
Posted on :Friday , 8th April 2016
Kaduna — Kaduna State Government said it would commit over N29.6 billion on power supply, agriculture and rail transport.
Gov. Nasiru El-Rufa'i who stated this on Wednesday in Kaduna at the opening of the Kaduna Economic and Investment Summit, said that part of the projects captured under the state's 2016 budget was the construction of a rail line for Kaduna m. . .Please Select an Option
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