Market News
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East Africa: Tanzania, Malawi Ink 180MW Joint Power Deal
Posted on :Friday , 23rd December 2016
Mbeya — Tanzania and Malawi are expecting to implement a joint 180-megawatt electricity project that will enable each country to produce 90mw.
The two countries also expect to implement another joint project on irrigation where a total of 600 hectares will be developed, with 3000 farms in each country.The implementation of the p. . .Tanzania: Promising Power Transmission Projects in the Pipeline
Posted on :Thursday , 22nd December 2016
Dodoma — The Tanzania Electric Supply Company (Tanesco) is mulling over a number of power transmission projects, which would enable the country to have a power transmission ring.
The National Power Backbone project coordinator, Mr Khalid James, said here yesterday that the scheme would involve connecting the southern regions of Lindi and Mtwara in the national. . .Tanzania's First Wind Farm Project to Take Off in May 2017
Posted on :Monday , 12th December 2016
Singida Wind Power project, which is the first wind farm in Tanzania is expected to begin from May, next year, after negotiations for power purchase agreement between the developer and the government are concluded.
The Managing Director of Six Telecoms, which is among partners to the project, Rashid Shamte told reporters in Dar es Salaam yesterday that the PPA negot. . .AFRICA - THE NEXT GROWTH MARKET
Posted on :Thursday , 24th November 2016
Africa is currently home to five of the fastest growing economies in the world. According to a global study, the continent's economy is forecast to grow to $2.6 trillion in 2020 from $1.6 trillion in 2008, fuelled by booms in mining, agriculture and development of ports, roads and other infrastructure. This rapid economic growth is what is creating substantial new business opportunities i. . .
Turkish Exporters Target Africa
Posted on :Wednesday , 23rd November 2016
At a time when struggling Turkish exporters are looking for ways to diversify their target markets, Africa is poised to become the new frontier market for Turkish firms as they position themselves to become major stakeholders in the region’s rapidly growing industries.
Africa has recorded an annual growth rate of 5 percent over the last d. . .
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