Market News
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East African countries move to harmonize regional energy policy
Posted on :Friday , 4th September 2015
As east Africa’s energy demands continue to raise, regional countries are looking to formulate a comprehensive policy on energy security and ease the conditions for investors in the sector. Speaking Monday at a meeting on policy framework in Kigali, Antonio Pedro the United Nations Economic Commission for Africa (UNECA), country director, said the absence of the policy has made countries . . .
UN body to aid Africa with nuclear power generation
Posted on :Thursday , 3rd September 2015
UN’s International Atomic Energy Agency (IAEA) has decided to help African nations with the development of nuclear energy for electricity generation
nuclearplant 12923 pixabayPlans for nuclear power generation are making headway in Kenya. (Image source: 12923/Pixabay)Several African countries have expressed interest in the peaceful development of nuclear power. . ..jpg)
Rwanda Govt leases 22 micro-hydro power plants to private developers
Posted on :Wednesday , 2nd September 2015
The government has leased 22 micro-power projects to private investors, a move aimed boosting the country’s power generation capacity.
The plants were leased to seven private power developers for 25 years, according to the Power Purchase and Concession Agreements signed between the companies and Ministry of Infrastructure, Rwanda Development Board and th. . .
East Africa banks on green energy to drive growth
Posted on :Monday , 31st August 2015
East African countries may soon emerge as global leaders in green energy, if efforts put by the various governments to exploit sources of renewable energy are attained.
Various stakeholders attending the East African Power Industry Convention (EAPIC) in Nairobi yesterday agreed that universal access to affordable energy could only be achieved by exploiting clean ene. . .
German hydropower plant to start construction of transmission lines in East Africa
Posted on :Monday , 31st August 2015
Uganda’s 600MW Karuma hydropower plant is set to commence the construction of transmission power lines; this is after intec – GOPA-International Energy, a German energy consulting company agreed on a US$ 6.3m consultancy services contract.
Funding for the construction of the transmission lines at Karuma hydropower plant are from China’s Exim . . .Please Select an Option
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