Market News

 RURAL electrification has proved to be efficient driver in promoting value addition particularly of agricultural products that helped farmers to fetch premium market prices.     Statistics from Rural Energy Agency (REA) shows that there are 16 small hydropower projects operating s . . .

 ADDIS ABABA (Thomson Reuters Foundation) – As Washington hosts the U.S.-Africa Leaders Summit this week, an ambitious but low-profile energy programme announced by President Barack Obama in June 2013 is set to move back into the spotlight.   Power Africa is a U.S. government-led i . . .

 TANZANIA is endowed with a huge 4,000mw-cheap geothermal energy potential and the Vice-President, Dr Mohamed Gharib Bilal, has challenged geoscientists in the country and Africa to tap it for the betterment of the people.     The geothermal potential is about three times the exist . . .

 The slow pace with which renewable energy projects have been rolled out across Africa may prove to be an advantage in a few years. As they catch up, African countries could benefit from technological developments and falling costs of wind and solar power. Norman Ndaba, Power and Utilities Sec . . .

 Quantum Power Gas is enthusiastic in developing the Tema LNG importation storage, re-gasification and delivery facilities. The company is a subsidiary of Quantum power, a pan African energy and infrastructure industrial investment platform, and has signed a partnership agreement with Golar LNG . . .