Market News

Kigali — Rwandans will soon benefit from a project that generate electricity from heating methane gas on a floating platform.   The project is being done in two phases and contracted to KivuWatt, a subsidiary of ContourGlobal.   Recently the company announced in the local media t . . .

Johannesburg — COAL of Africa Limited the coal exploration and project development company operating in South Africa, has announced the successful completion of the shareholder approved share placement to Yishun Brightrise Investment PTE Limited.   The 183 231 261 ordinary shares were i . . .

700 million people will be supported to afford clean cooking energy stoves by the "New Deal for Energy in Africa," an initiative by the African Development Bank Group (AfDB) unveiled Thursday to solve Africa's huge energy deficit by 2025.   The blue print to get rid of Africa's energy poverty . . .

 The African Development Bank in partnership with the Kenyan government will give Kenya Power an additional of US$ 190m in a bid to see the completion of the Last Mile electricity project in Kenya.   The electricity project whose initiative was started so as to help increase electricity . . .

 Kenya has announced a second $150 million project to expand its electricity grid to connect another 1.5 million people, with the head of its sole power distributor saying the country was in talks with the African Development Bank to help finance it. The project represents the second phase of a . . .