Market News
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Investors have growing role in developing East Africa\'s Energy Infrastructure
Posted on :Wednesday , 20th August 2014
Development finance institutions (DFIs) remain the big beasts in developing infrastructure and other major projects in much of Africa. The ‘blending’ of public and private finance has become a preoccupation for traditional donors looking to leverage their grants and loans to produce bigger funding flows to kick-start the continent’s infrastructure revolution, to catch up. . .
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Tanzania lines up new private power projects
Posted on :Tuesday , 19th August 2014
Irish-registered Kibo Mining is in the early stages of planning a 300-350MW mine-mouth plant at the Rukwa coal field in the Mbeya region. Chief executive Louis Coetzee told African Energy the proposed open-cast mine method and on-site development should keep generation costs low, with power then fed. . .
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Tanzania: Green power for rural south
Posted on :Tuesday , 19th August 2014
A new investor consortium plans to develop a series of small-scale distributed renewable energy projects in the southern Morogoro region. Kastan Mining announced on 26 May that it had entered into a consortium with Indonesia-based Continental Energy Corporation, Pan African Management and Developmen. . .
Tanzania: New Geothermal Firm Established
Posted on :Tuesday , 19th August 2014
BLESSED with the potential to generate over 4,000 megawatts of electricity from geothermal sources, the government has formed a company to steer the country into effectively and beneficially tapping it.
Operating as a subsidiary of Tanzania Electric Supply Company (Tanesco), the Tanzania Geothermal Development Company started operations in July this year, acco. . .
Kenya: American Firms Told to Bid for Energy Projects
Posted on :Monday , 18th August 2014
American companies should compete to develop power projects if Kenya is to get a bigger chunk of funds under Power Africa, according to Energy and Petroleum Cabinet Secretary Davis Chirchir.
Power Africa is an initiative by the American government to help double access to electricity in Africa countries. It is initially focusing on six countries including Kenya, Tan. . .Please Select an Option
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