Market News

 Tanzania has secured $258.82 million from the African Development Bank and the Japan International Cooperation Agency for a high voltage electricity line to connect its national power grid to Kenya's, its power utility said on Sunday. The 400 kilovolt (kV) line will be completed within two ye . . .

 British investors are targeting projects worth about £500 million (Sh64.47 billion) in renewable energy sector, UK prime minister's trade envoy to Kenya and Tanzania Clive Hollick has said.   The projects are mainly in solar, wind and biomass power, areas where the country has und . . .

 Nigerian Energy company, Egbin Power Plc, is expanding and set to mark its new territory in Tanzania, by constructing a natural gas-fired power plant, Tanzania Daily News reports.   Speaking to Tanzanian journalists, the firm’s Chief Executive Officer, Mr Dallas Peavey, said the c . . .

 Nigerian company, Egbin Power Plc, has expressed interest to invest 630 million US Dollars (about 1.4trn/-) in construction of a natural gasfired power plant in Tanzania. The major boost to the country's power generation is the newest public-private partnership project expected to turn a . . .

 Dar es Salaam — Eight small-scale power projects (SPPs) have begun producing a total of 33.3MW in rural areas.   The projects are in eight districts. The investors, with generated megawatts in brackets, are Tanganyika Plantation Company (20) in Kilimanjaro; Tanganyika Wattle Compa . . .