Market News
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Floating Power Station Inaugurated in Mozambique
Posted on :Tuesday , 22nd March 2016
Maputo — The Mozambican and Zambian Presidents, Filipe Nyusi and Edgar Lungu, on Saturday inaugurated a floating power station in Nacala in the northern province of Nampula.
The power station can generate 100 megawatts and can supply northern Mozambique and Zambia.The Turkish vessel containing the power station has been docked a. . .Kenya: Govt to Bring Investors Closer to Power Plants In Bid to Cut Costs
Posted on :Saturday , 19th March 2016
Kenya will set up investors near geothermal plants to cut the cost of electricity and offer subsidies in order to compete with her neighbours.
Mr Mohamed said on Thursday that they will set up investors at the shores of Lake Naivasha near the geothermal power plant to cut transmission charges to make Kenya attractive."We are goin. . .IAEA to Support Nigeria Generate 4,000 Megawatts of Electricity
Posted on :Saturday , 19th March 2016
Abuja — President Muhammadu Buhari has appreciated the support of the International Atomic Energy Agency, IAEA, for Nigeria's quest to generate 4,000 megawatts of electricity using nuclear energy.
This came as Ministers of Power, Solid Minerals, Health, Science and Technology told President Buhari that Nigeria would soon start a program that will help the coun. . .Additional 160GW to be Added to Continent's Power Grids with AfDB's New Deal
Posted on :Friday , 18th March 2016
President of the African Development Bank, Dr. Akinwumi Adesina, says the new deal articulated by the bank on energy for Africa in 2015 will add 160 gigawatts, GW, of new electricity generation capacity to Africa's power grids by 2025.
In September 2015, the Bank articulated a New Deal on Energy for Africa and launched a Transformative Partnership on Energy for Afri. . .Switzerland, Italy and Denmark to Assist Malawi On Energy and Food Security
Posted on :Tuesday , 15th March 2016
Lilongwe — New Switzerland Ambassador to Malawi, Ruth Huber Thursday said her focus to the country will be to assist the nation to have improved energy sector and be food secured.
After presenting letters of credence to President Prof. Peter Mutharika, Huber said Switzerland and Malawi have had a mutual bilateral relationship for about 15 years now.Please Select an Option
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