Market News
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Magufuli to Move Ahead With Selous Dam Despite Criticism
Posted on :Monday , 2nd October 2017
Tanzania Selous Game Reserve, one of the world’s biggest faunal reserves has gained a lot of traction in recent times from a minimum of 50 multinational companies. The intention of these companies is to construct the Rufigi hydropower project at Stiegler’s Gorge. Potential bidders were required to have a minimum of US$ 500 million turnovers, as directed by the Ministry of Energy a. . .Kibo reports accelerated progress at Mbeya
Posted on :Thursday , 27th July 2017
The Tanzania-focused mineral exploration and development company, along with the Tanzania Electric Supply Company, received official instruction by the Tanzanian Ministry of Energy and Minerals to prepare a final memorandum of understanding that will govern the further development of the MCPP and the power purchase agreement (PPA).
“We are very pleased w. . .Hydropower supporting mini-grid development in Tanzania
Posted on :Thursday , 27th July 2017
The 5MW Tulila Hydroelectric Plant in the Ruvuma region of Tanzania is helping to reduce dependence on diesel generators and providing valuable power to local rural communities. The plant is run by the Benedictine Sisters of St Agnes, who already operate a smaller plant, Lupilo (400kW), on the Ruvuma River.
Based on this experience, and thanks to a favourable . . .Tanzanian geothermal plans win climate funds investment
Posted on :Thursday , 27th July 2017
The finance from Climate Investment Funds (CIF) will develop the Ngozi geothermal steam field in southwestern Tanzania and “ultimately showcase the technology’s broader potential in the country’s energy transformation”, the African Development Bank (AfDB) said.
The project is funded under CIF’s Scaling-up Renewable Energy Program . . .AfDB grants Tanzania to develop Ngozi geothermal steam field
Posted on :Thursday , 27th July 2017
Tanzania received the fund through the bank’s Climate Investment Funds’ (CIF) Scaling-up Renewable Energy Programme (SREP). Under the programme, the country will receive a US$5mn loan and US$16.73mn grant from the AfDB to mitigate the high-risk nature of geothermal prospection and field development.
Tanzania has achieved significant economic and so. . .Please Select an Option
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