Market News

Private capital will end Africa power cuts by 2025, says survey
Private capital will end Africa power cuts by 2025, says survey
17 August 2015

 Power cuts in 15 Sub-Saharan African countries could become an “exception” rather than a norm in 10 years time, with private capital expected to play an increasingly bigger role, according to a survey by PricewaterhouseCoopers (PwC) released yesterday.   The survey found tha . . .

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US$300mn risk cover secured for construction of a geothermal power plant in Kenya
US$300mn risk cover secured for construction of a geothermal power plant in Kenya
13 August 2015

 The consoritum that is working on construction of a geothermal power plant in Kenya has secured a has secured a risk cover from a German reinsurer, Munich Re worth US$ 300mn that will eventually pave way for the funding of the well drilling.   The risk cover is meant to compensate inves . . .

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Constructed Ngong wind power plant is to be commissioned in Kenya
Constructed Ngong wind power plant is to be commissioned in Kenya
12 August 2015

 The constructed Ngong wind power plant is to be commissioned in Kenya by Kengen in a bid to boost the renewable sources contributions to the national grid. It is hoped that the move will help in meeting the vision of generating 5,000MW of power by 2018. The construction of the wind power farm . . .

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Nigeria: Electricity Grid Maintains Rise, Now 4,662 Megawatts
Nigeria: Electricity Grid Maintains Rise, Now 4,662 Megawatts
10 August 2015

Electricity generation across the country has continued to maintain a continuous rise from 4,000megawatts just as it rose to 4,662mw on Wednesday.   Although the system began to rise in capacity from late June 2015, electricity customers across the 11 Distribution companies (Discos) had compl . . .

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Sudan: Energy Committee to Review Electricity Tariff
Sudan: Energy Committee to Review Electricity Tariff
10 August 2015

Khartoum — The Chairwoman of the National Assembly Energy Committee, Committee, Dr. Hatat Ahmed Al-Mahi made it clear that the committee intends to conduct a comprehensive review of studies concerning electricity tariff in the coming period.   She told SUNA, Wednesday that the revision . . .

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