Market News
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Ethiopia’s hydroelectric project begins power generation
Posted on :Wednesday , 14th October 2015
Ethiopia’s Gilgel Gibe III hydroelectric power project began power generation, APA can report on Monday.The Dam, highest Roller Compacted Concrete (RCC) dam in Africa, will have a total installed capacity of 1,870mw.
This will increase Ethiopia’s power generation capacity by 234 percent, according to Alemayehu Tegenu, Cabinet Affairs Minister, and former Minister of W. . .Rwanda: New Energy Saving Stove to Protect Environment
Posted on :Wednesday , 14th October 2015
During the just concluded Technical and Vocational Education and Training (TVET) expo at Gikondo in Kigali, many visitors crammed around one stand marvelling at 'magical' stoves.
These were not ordinary stoves as they are powered by only one piece of charcoal, hydrogen, and are connected to electricity or four radio batteries using a phone charger.. . .Ethiopia will boost power generation to 17,000 MW in five years
Posted on :Wednesday , 14th October 2015
Implementing its second Growth and Transformation Plan (GTP II) in the coming five years, Ethiopia will endeavor to boost its power generation to at least 17,000 MW, said Ethiopia’s President Mulatu Teshome.
Having completed the implementation of its first GTP, the East African country in September launched the second GTP, which the president said is a decisive chapter in the co. . .Turnkey hydropower plant to be constructed in Africa
Posted on :Monday , 12th October 2015
The Sustainable Energy Fund for Africa (SEFA) has approved a US$965,000 grant to support the preparation of a turnkey hydropower plant in Saltinho, Guinea Bissau hydropower
The plant is expected to have a capacity of 20MW, said AfDB. The announcement was made on the sidelines of the African Development Bank (AfDB)’s Energy Week in September.The upcoming . . .Africa banking on nuclear power
Posted on :Friday , 9th October 2015
It’s no secret that Africa’s economic development has been stifled by the shortage of electricity across the continent. The Africa Progress Report 2015 puts theannual electricity-related economic loss at 2 percent to 4 percent of GDP. In Ghana and Tanzania, electricity shortages are costing businesses 15 percent of sales.
Over 600 million people are getting restless w. . .Please Select an Option
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