Market News

Arusha — An ambitious project to connect the North and the South points of Africa with a single power line through the Cairo-to- Cape Town grid is in the pipeline and may be functional within three years from now.   The Minister for Energy and Minerals Professor Sospeter Muhongo, reveal . . .

Naivasha — Using waste from vegetable and flower production, biogas is providing energy to Kenya's electricity network   A commercial farm in Kenya has become Africa's first electricity producer powered by biogas to sell surplus electricity to the national grid, cutting the carbon emiss . . .

The African Development Bank has approved a $870,000 grant to promote off-grid electricity generation in Tanzania.   The grant, announced yesterday, was approved under the Sustainable Energy for Africa facility, which is funded by the governments of Denmark, the UK, the US and Italy.   . . .

Reliable supply and affordable electricity is the key in the establishment and revival of industries in the country. Since it came to power, the Fifth Phase Government has been encouraging both local and foreign investors to set up industries in the country.   Last week, the Energy and Water . . .

Dar es Salaam — The government yesterday revoked new electricity tariffs, only a day after they were announced by the regulator-- Energy and Water Utilities Regulatory Authority (Ewura).   Energy and Minerals minister Prof Sospeter Muhongo took the unprecedented action in a letter order . . .