Market News

Construction of hydroelectric power stations to begin in Gabon
Construction of hydroelectric power stations to begin in Gabon
1 March 2016

The Gezhouba Group Corporation (CGGC), a Chinese base company specializing in the construction of hydroelectric power stations plans to construct two  hydroelectric power stations in Gabon.   Besides constructing 3 Gorges Dam in China, the power company is renowned corporation for constr . . .

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Investing in Kenya key to East African Community Market - Envoy
Investing in Kenya key to East African Community Market - Envoy
29 February 2016

Kenya has advised Zambian potential investors to take advatange of various investment opportunities in that country and gain access to the East African region.   Kenyan High Commissioner to Zambia, Sophy Kombe said her country had many investment opportunities which made it a good choice for . . .

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Egypt Opens talks with UAE, Saudi Arabia firms for Energy Deals
Egypt Opens talks with UAE, Saudi Arabia firms for Energy Deals
27 February 2016

Egypt has opened talks with more than three energy companies based in UAE and Saudi Arabia aiming to counter the electricity crisis that the country now faces.   Currently the country has signed various project that will see it produce up to 6,750 MW, reports have shown.   According to . . .

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Largest Water Project to be Constructed by Kenya in Semi Arid Land
Largest Water Project to be Constructed by Kenya in Semi Arid Land
27 February 2016

Kenya is constructing the largest water project in semi arid area that will supply water and electricity to millions of residents, Water Cabinet Secretary Eugene Wamalwa has announced.   Thwake Dam at the confluence of Thwake and Athi Rivers will supply water to over one million residents of . . .

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EU funds �4.4m Zambia Power Project
EU funds �4.4m Zambia Power Project
24 February 2016

The European Union (EU) has given Zambia 4.4 million Euros in a financial grant for the implementation of the electricity inter-connector project along with Kenya and Tanzania.   Energy and Water Development Deputy Minister Charles Zulu said the three country-led power project was being funde . . .

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