Market News
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Electrified Africa, burgeoning market
Posted on :Wednesday , 3rd April 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.
. . .First phase of power pool project to be completion by mid 2019
Posted on :Friday , 17th August 2018
Concluding the first phase of the region's power pool project, the Ethiopia and Kenya electricity transmission interconnector is anticipated to be completed next year.
Tanzania was given more than $450 million by the World Bank for a similar project that will connect the country to Zambia and South Africa, under the regional power pool project.&nb. . .Please Select an Option
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