Market News
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Phoenix Energy to construct mega solar power plant in Africa
Posted on :Wednesday , 3rd February 2016
One of the leading Lebanese energy companies Phoenix Energy is now set to construct one of the largest solar power plant in Egypt after clinching a contract for the same.
According to the officials from the Lebanese firm, the project will be constructed near Luxor and Aswan region in the country.According to the officials, the project is expected . . .International Power firm to construct 10 MW PV solar plant in Africa
Posted on :Friday , 29th January 2016
An international power firm has announced plans to construct a 10 MW solar plant in Gambia a move that will boost electricity supply in the country. Emerging Power Ghana Limited has already signed a 25-year power purchase deal with Gambia’s National Water & Electricity Company (NAWEC).
Yasser Gamil, Emerging Power (Gambia) Ltd.,MD signed the agreemen. . .China to invest $15bn on infrastructure projects in African Nation
Posted on :Thursday , 28th January 2016
China will invest $15Billion for over 15 infrastructure projects in Egypt following a recent visit by president Xi Jinping to the North African country.
According to official reports presidents Jinping and Sisi signed a number of joint projects aimed at boosting infrastructure in the country. More investment will be channeled towards electricity, transpo. . .Promising \'New Deal on Energy\' for Africa
Posted on :Wednesday , 27th January 2016
African Development Bank will manage Africa's New Deal on Energy along with investing US$12bn in energy funding over the next five years
The deal's aims all revolve around providing more power for the households for AfricaAfrica has been well-recognised as a huge resource potential for the energy sector and yet the economic conditions do not yet allow the comp. . .Largest mall in East Africa to get own electricity
Posted on :Wednesday , 27th January 2016
The Largest mall in East Africa that is under construction in Kenya-Two Rivers mall will get its own electricity thanks to investment firm Centum that has pledged to construct solar and diesel power plants that will generate 12MW of electricity to provide power to the mall.
Centum secured a license from the Energy Regulatory Commission (ERC) to generate and su. . .Please Select an Option
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