Market News
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French Companies to Invest in Zimbabwe
Posted on :Monday , 28th December 2015
A number of French investments are lined up for Zimbabwe in 2016 with power giant, Schneider Electric, expected to enter the Zimbabwean market, French Ambassador to Zimbabwe Laurent Delahousse has said.
Delahousse told businessdigest in an exclusive interview this week that the firm, which already has a branch in South Africa , will open a branch in the country with. . .AfDB Spends U.S.$1Billion On Energy Projects
Posted on :Saturday , 26th December 2015
The African Development Bank (AfDB) says it had devoted at least $1 billion to finance power and infrastructure projects in Africa this year alone.
In October, the AfDB availed $428,43 million in loans and grants to finance projects in energy, infrastructure, transport and water and sanitation in eight African counties namely Zimbabwe, Guinea Bissau, Guinea, Senegal. . .Energy firm concludes construction of gas-powered plant in Mozambique
Posted on :Thursday , 24th December 2015
The Gigawatt Mozambique power company says it has completed the construction of a gas-fired power station at Ressano Garcia, on the border with South Africa, with the initial capacity to generate 120 megawatts, APA can report on Thursday.
The company’s managing director, Johan de Vos, said in a media statement emailed to APA that the power station was built in 18 months, on. . .Symbion Power Completes Deal for East African 50MW Power Plant
Posted on :Monday , 21st December 2015
Symbion Power Lake Kivu Ltd, a subsidiary of American firm Symbion Power LLC has signed a 25-year power purchase agreement (PPA) with the Rwanda Energy Group (REG) for a 50 Megawatt (MW) methane gas to power project.
The official signing involved Symbion Power CEO Paul Hinks, REG CEO Jean-Bosco Mugiraneza, and Minister of Infrastructure James Musoni.Turkana Wind Power Supply Starts 2016
Posted on :Saturday , 19th December 2015
The Lake Turkana wind project will start generating power next year, Denmark Foreign Affairs minister Kristian Jensen said yesterday.
The project, funded by the Danish government, will contribute 310 Megawatts of wind energy to the national grid.Jensen spoke at the World Trade Organization conference at KICC, Nairobi.&nbs. . .Please Select an Option
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