Market News
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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. . .Renaissance Dam construction project in East Africa in good course
Posted on :Tuesday , 26th January 2016
The construction of the Ethiopia Renaissance Dam is in good course despite stiff opposition from Egypt. Reports from Ethiopia Electric and Power Corporation seem to indicate that the dam will soon start generating 750MW of electricity.
However, Egypt is concerned that the dam will be utilised for irrigation in Ethiopia, resulting in reduced downstream su. . .Yet another huge gas power plant to be constructed in Africa
Posted on :Monday , 25th January 2016
Namibia will construct its largest gas power plant since independence in 15 months’ time, Xaris Holdings, a company managing the project has announced. The plant is estimated to cost 450 million US dollars.
Other companies involved in this mega project includes; General Electric, Excelerate Energy, Standard Bank, Garanti Koza, KS Energy and Ariya Capital. . .Construction of Batoka Hydro Power Plant to begin 2017
Posted on :Friday , 22nd January 2016
The construction of Batoka Hydro Power Plant in Zimbabwe is set to commence in 2017. The plant will be built on the Zambezi River along the Zimbabwe-Zambia border.
Zimbabwe’s Energy and Power Development Minister, Samuel Undenge, told journalists in Harare last week that the feasibility studies are expected to be completed by June this year.. . .Joint Sweden-UK Package for Tanzania\'s Grid
Posted on :Wednesday , 20th January 2016
Sweden and the United Kingdom have raised $67 million towards Tanzania's rural electrification programme.'The main objective of the financing programme is to increase access to modern energy services in rural areas of mainland Tanzania for sustainable social economic development and poverty alleviation,' the official statement read sin part.<. . .Please Select an Option
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