Market News

Tripoli - Libya's state electricity firm is in talks with Turkish firms to get them to return to carry out badly-needed maintenance work at power plants in the North African nation, a senior official with the Libyan company said.   Libya has been hit hard by power outages as fighting between . . .

 The Kenyan Government has granted Erin Energy approval to enter the First Additional Exploration Period (FAEP) on its onshore blocks, L1B and L16.   This follows Erin Energy completion of the required work program for the Initial Exploration Period of the blocks earlier this year where . . .

Ghana has taken an important step on the road to achieving nuclear power, passing the Ghana Nuclear Regulatory Bill   The bill, which is currently awaiting presidential assent before being officially signed into law, details the establishment of a regulatory authority to ensure the safe and r . . .

Uganda's retail power distributor Umeme Power Company is reported to be investing US$24mn in automated meter-reading technology that uses smart meters to help it curb energy losses among large commercial consumers   A smart meter records consumption of electric energy, relaying that informati . . .

  The construction of Akiira Geothermal plant in Kenya has boosted power supply in Kenya after the firm signed a 70MW power deal with Kenya Power that will boost the chances of attaining the 5,000MW goal set by the Kenyan Government.   The 70megawatt power purchase agreement (PPA) betwee . . .