Market News

The bulk of donor funding to Kenya goes to energy and infrastructure projects, a latest National Treasury debt report released in Nairobi showed Wednesday. The report says energy and infrastructure sector takes 42 percent of the cash Kenya gets from its bilateral and multilateral lenders, with th . . .

 A 200MW wind farm in Egypt’s Gulf of El-Zayt, touted to be the largest in Africa, has been inaugurated wind CGPGrey flickrHundred turbines, each with a capacity of 20MW, have been installed in the wind farm.  The wind farm cost US$359mn and has been financed by the European Union . . .

 The Cape Town V&A Waterfront’s Silo District is recognised as one of the most advanced and environmentally-friendly developments, not just in South Africa but throughout the continent Evergreen chillerThe AquaEdge 23XRV chiller.  The Silo District project is due for completion in . . .

 Orange and Engie have signed two deals to expand the electricity grid as well as optimise the power supply for the telecom infrastructure in Africa  orangeengiepower nayukim flickrSmall scale electricity networks will be set up across Africa, said officials from Engie.  For the sup . . .

Dar es Salaam — The envisaged Singida Wind Power project will roll the region's economic fortunes and turn the municipality into a city during the next few years, the project developers said yesterday.   Singida Region is home to 1.37 million people, according to the 2012 Population Cen . . .