Market News

 The Ugandan and two companies from Germany and France has signed a US$ 76m agreement that will see the construction of the Muzizi hydro-power project come to birth and help in providing power to more than 60,000 homes.   Germany Development Bank (KfW) and the French Development Agency a . . .

 The construction of a nuclear plant in Ghana depends on the Ghana Nuclear Regulatory Bill that is awaiting presidential assent.   The Bill when fully operational will establish the Ghana Nuclear Regulatory Authority with clear functions and responsibilities and to provide for the benefi . . .

 Construction of a US$44M wind power plant in Kenya is set to begin in Meru county. The project is spearheaded by Maralal Energy Limited.   Maralal Energy which is a privately-owned Kenyan firm disclosed that the money will be used to construct the wind farm whose electricity will be inc . . .

Abuja — The Nigerian Electricity Regulatory Commission (NERC) has signed a fresh agreement with the Standards Organization of Nigeria (SON) to ensure strict adherence to safety and reliability standards in the generation, transmission, distribution and consumption of electricity in Nigeria. N . . .

Turkey is set to construct 370MW power plant in Ghana after the country signed a 5years Power Purchasing Agreement (PPA) with Aksa Enerji, a Turkish based company. However, the power plant is expected to be up and running by end of June next year. According to Aksa Enerji, the constructed plant wil . . .