Market News | Power & Energy Tanzania 2025

Market News

  • Tanzania: Coast Steel Plant Promised Electricity

    Posted on :Wednesday , 23rd November 2016

     Pime Minister Kassim Majaliwa has directed the electricity contractor at the Kiluwa Steel Group factory in Coast Region to connect the industry to reliable electricity within 18 days, so that it kicks off operations immediately.

     
    Mr Majaliwa issued the directive yesterday when speaking to residents and government leaders of Coast Region who turned up at the fac. . .

  • Kibo signs collaboration agreement with General Electric

    Posted on :Tuesday , 22nd November 2016

     Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focused mineral exploration and development Company is pleased to announce that it has signed a Collaboration Agreement (the “Agreement”) with General Electric International Inc (“GE”), with respect to the development of the Mbeya Coal to Power Project (“MCP. . .

  • East Africa: Rusumo Hydroelectric Power Project Deal Inked

    Posted on :Monday , 14th November 2016

    Two contracts, worth $75 million (about Rwf46 billion), for the initial construction works of the Regional Rusumo Falls Hydroelectric Project have been signed.

     
    The contracts for the power project to generate 80 megawatts of electricity were signed in Kigali on Wednesday.
     
    The first contract was signed between Rusumo Power Company Limite. . .

  • Tanzania: ATI To Bring in $1.2 Billion Investment in Energy Sector

    Posted on :Friday , 11th November 2016

    The African Trade Insurance Agency (ATI) has urged the government to strengthen the existing partnership with ATI to bring in 1.2 billion US dollars (2.6tri/-) investments into the energy sector and an additional 1,200 Megawatts into the national grid.

     
    ATI Chief Executive Officer Mr George Otieno said in Dar es Salaam yesterday that the insurance firm's objective is. . .

  • Tanzania: Energy Deficit Can Be Tackled by More Investments

    Posted on :Thursday , 10th November 2016

    The African Trade Insurance Agency (ATI) will tomorrow host an international conference on unlocking investments to maximise Tanzania's Energy Potential.

     
    ATI's Chief Underwriting Officer Mr John Lentaigne said in a statement that, "Most international financiers and lenders simply cannot invest in most African countries due to their sub-investment grade ratings . . .

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