Market News
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Tanzania power line to be ready by 2018
Posted on :Tuesday , 2nd August 2016
Tanzania plans to enter into power trade agreements with East African Community member states after completion of the 400 kilovolt backbone transmission line, set to be completed in the next two years.
Tanzania’s Minister for Minerals and Energy Sospeter Muhongo said last week that the initial phase $453.7 million power project extending for 670 kilometr. . .Tanzania: Govt Receives USD 200 Million World Bank Loan for Rural Electrification
Posted on :Tuesday , 2nd August 2016
Arusha — The Tanzania government has received a financial package of USD 200 million from the World Bank (WB) loan to boost rural electric connectivity.
The World Bank board of executive directors approved the financing for the Tanzania Rural Electrification Expansion Programme from the International Development Association (IDA). The new financing is a big bo. . .Tanzania: Tanesco Allocates 4.5 Billion For Electricity Distribution Infrastructure Upgrade
Posted on :Tuesday , 2nd August 2016
Mwanza — Tanzania Electric Supply Company Limited (TANESCO) here has set aside 4.5bn/- for the rehabilitation of electricity distribution infrastructure this fiscal year.
The office also plans to connect 14,000 new customers this financial year, the state-run power utility company's Regional Manager, Sarah Assey, said over the weekend while giving an evaluatio. . .AFD, DTB to Support Investment in Renewable Energy Technologies
Posted on :Thursday , 14th July 2016
Small and medium enterprises (SMEs) that are interested in investing in renewable energy technologies will now receive soft loans from the French Development Agency through Diamond Trust bank (DTB).
Agence Francaise de Development (AFD) and DTB have signed a credit agreement worth Shs 33bn to finance green energy projects in the country. Yves Boudot, the regional di. . .Tanzania: Sh1.7 Trillion Foreign Boost for Green Energy Initiative
Posted on :Wednesday , 13th July 2016
Dar es Salaam — Tanzania's newly launched renewable energy initiative has received a Sh1.7 trillion boost in pledges from foreign donors.
Energy minister, Prof Sospeter Muhongo, said at the launch of the initiative yesterday that such pledges from foreign sources complement the government budget of Sh1.2 trillion for rural electrification projects countrywide.. . .Please Select an Option
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