Market News | Power & Energy Tanzania 2019

Market News

  • East Africa's Power Output poised to reach 7,480MW by 2022

    Posted on :Saturday , 23rd March 2019

     By 2022, the East African Community (EAC) will have a combined generation of 7,480 MW of electricity. This is set to be accomplished through a $ 2.5 billion funding from the African Development Bank (AfDB)  for infrastructure projects in the region.

    Electrified Africa, burgeoning market

    Posted on :Thursday , 7th March 2019

    As power rolls out across continent, ranks of appliance consumers swell rapidly.

    With a population of more than a billion and increasing access to power, sub-Saharan Africa could present a massive market for electrical products and services – sectors that are among Hong Kong’s fortes.

    In its 2017 World Economic Outlook, the International Energy Agency (. . .

  • EAST AFRICA THE FINEST INVESTMENT DESTINATION IN 2019

    Posted on :Thursday , 7th March 2019

    Rand Merchant Bank (RMB) report has predicted that Kenya, Rwanda, Ethiopia and Tanzania will be among Africa’s most attractive investment destinations in 2019. 

    East Africa being a fulfilling region in last few years has recorded more than an average growth in the number of Foreign Direct Investment (FDI).
     
    Ethiopia being Africa’s fastest. . .

  • TANESCO Power Project Extends Power Supply Across Africa

    Posted on :Wednesday , 30th January 2019

    In order to exchange electricity effectively the state-owned power utility firm is currently undertaking the Kenya-Tanzania Power Interconnection Project (KTPIP).

    The project includes building of a 400kV transmission line from Singida to Isinya in Kenya through Babati, Arusha and Namanga.

    Kenya’s extension of transmission line to Ethiopia and while Tanzania e. . .

  • Government of Tanzania grants $8.7m for first geothermal project at Ngozi

    Posted on :Saturday , 12th January 2019

    Allocation of $8.7 million has been granted by The Tanzanian Government to start countries first Ngozi geothermal project in Mbeya region. The government has allocated 20 billion Tanzanian Shillings for geothermal development.The news was revealed by the board chairman of the Tanzania Geothermal Development Company- Beatus Segeja, during his visit to Lake Ngozi, Mbeya Region.


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