Market News

Mobisol Marketing Manager Allan Rwechungura said in Dar es Salaam at the weekend that the campaign targets to improve lives of hundreds of thousands of Tanzanians living in off grid areas -- particularly those in rural areas where power supply is still a problem -- by enabling them to access afforda . . .

Equity Bank has partnered with an Indian solar energy firm to advance buyers of its equipment loans at interest rates of as low as eight per cent.   The lender said that the deal with Orb Energy is meant to trigger uptake of solar water heating equipment, solar lamps, solar powered TV and sol . . .

Solar energy projects are to provide 18,000 to 22,000 MW of additional power in Sub-Saharan Africa by 2030. Another 11,000 to 14,000 MW will come from new projects involving solar, geothermal, wind, hydroelectric and natural gas, as well as a few thousand more megawatts from making existing powe . . .

 The Zambia Cooperative Federation (ZCF) has announced that the 100 solar milling plants under the Presidential Initiative will be operational by February 15 this year.   ZCF director general James Chirwa said in an interview that all the solar mills arrived in Zambia last month from Chi . . .

 The ground-mounted CSIR photovoltaic solar plant in South Africa is now fully operational. The plant is situated at the Council for Scientific and Industrial Research (CSIR), in Pretoria.   The construction of the project began in June last year and initial testing completed the same ye . . .