Market News
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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. . .China to Construct 96km Power Line from Kenya to Tanzania
Posted on :Wednesday , 26th October 2016
Kenya recently signed a contract with the North China Power Engineering (NCPE) company for the construction of a 96km power line from Isinya in Kenya to the Namanga border with Tanzania.
This is part of the Kenya-Tanzania interconnector project, which involves the construction of about 510km transmission line from Kenya to Tanzania.
“With a capacity to transfer 2,000. . .
Tanzania: 40,000 Homes 'To Get Power From Mini-Grids'
Posted on :Tuesday , 25th October 2016
Arusha — Over 40,000 households in 160 villages across the country would be connected with electricity by 2020 through mini-grids to be installed by PowerCorner Tanzania, a firm established in 2015 to provide energy access to the rural areas.
A total of $ 140,000 will be spent on the mini-power grid with the connection charges not exceeding $1,000 per vi. . .Please Select an Option
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