Market News

Over 1trn/- has been allocated for implementation of the Rural Energy Agency (REA)'s phase III projects, which are expected to electrify all villages in the country.   According to Energy and Minerals Minister, Professor Sospeter Muhongo, 543.3bn/- out of the 1trn/- budget, will be sourced in . . .

East Africa’s economies top countries in sub-Saharan Africa in injecting clean energy into their national grids, through new projects in wind and solar.   The latest report of Climatescope, the clean energy country competitiveness index by Bloomberg New Energy Finance, shows that clean . . .

At nearly every industry event and customer meeting over the past year or so, the conversation has inevitably turned to the subject of “change.” It can be changes happening within our industry, or broader changes in the economy or society – like the impact of smartphones and social . . .

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 farm . . .

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 woul . . .