Market News

The power grids of East and Southern African countries will be linked in the next two to three years after concluding with various high voltage lines, making the way for regional trade, said senior Kenyan energy official. Power shortfall and disruption are frequent across both regions and busines . . .

Kioo Limited is the biggest manufacturer of glass packaging for the soft drink, alcohol and food industry in East and Central Africa. The multi-engine power plant installed by Clarke Energy has attain availability in excess of 95 per cent, with the two Jenbacher engines meeting the full, on-site pow . . .

The UK government’s foreign investment tool, CDC Group, said it would provide more than $300m in a new business to expand electricity networks in Africa, which is one of the biggest hitches to economic development in the world’s indigent continent.   CDC chief executive N . . .

Developing economies everywhere Africa measure during a distinctive position to leapfrog a lot of developed nations by finance in cleaner, environmentally friendlier sources of power at a lower price - main factors conducive to improved use of renewable energy power across the continent.   Ho . . .

Acumen is a New York based non profit company that invests in sustainable and socially minded companies around the world. Established in 2001, Acumen has invested more than $115 million in 113 companies across Africa, Latin America, South Asia, and the United States Acumen Capital Partners a subsid . . .