Market News
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South African Government to Continue Investment in Energy Sector
Posted on :Thursday , 10th March 2016
Pretoria — Government says it will keep the development of the energy sector high on its priority list as this is key to easing constraints to economic growth.
The Economic Sectors, Employment and Infrastructure Development cluster, chaired by Rural Development and Land Reform Minister Gugile Nkwinti, on Tuesday, briefed media to give an update on the implemen. . .AfDB : Prime Focus on Energy in Africa's Development Agenda
Posted on :Thursday , 10th March 2016
Energy is the central theme of the African Development Bank's 2016 Annual Meetings as well as its 2015 Annual Report. The theme, "Energy and Climate Change", underscores the importance the Bank attaches to energy, which the AfDB President, Akinwumi Adesina, describes as "the lifeblood of any society and the passport to economic transformation."
T. . .Rwanda: Japan Pumps Rwf14 Billion into Energy Distribution Programme
Posted on :Thursday , 10th March 2016
The governments of Rwanda and Japan yesterday signed a financing agreement, worth $18.4 million (about Rwf14 billion), aimed at boosting electricity distribution networks in the City of Kigali.
The funds will specifically be injected in the construction of Ndera substation and the Murindi and Kabuga power-switching stations, both in Gasabo District, according to Cla. . .ZPC, Intratrek Sign U.S$128 Million Hydro Power Project Deal
Posted on :Wednesday , 9th March 2016
Energy projects developer Intratrek Zimbabwe and its Indian technical partners last Friday signed a contract for construction of the long-awaited 30 megawatt Gairezi Hydro Power Project with Zimbabwe Power Company. The engineering, procurement and construction contract was signed between Intratrek and its Indian technical partners Angelique International, Bharat Heavy Electricals Limited and ZP. . .
Zambia to Get Additional 120MW Power
Posted on :Wednesday , 9th March 2016
PRESIDENT Edgar Lungu has commissioned the newly-constructed Itezhi-Tezhi Hydro-power Station with assurance that Government remains committed to mitigating the current power deficit caused by global and natural factors.
The 120 megawatts (MW) station was built at a cost of US$142 million.Mr Lungu said despite some challenges the coun. . .Please Select an Option
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