Market News
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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 . . .Africa�s power suppliers can make electricity affordable, says World Bank
Posted on :Thursday , 3rd November 2016
Africa’s power suppliers can be profitable and still make electricity access affordable for consumers.
That’s according to the World Bank’s report, which looked at utilities’ financial statements and power tariffs in 39 African countries and spending data in 22 household surveys.It suggests several ways o. . .Please Select an Option
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