Market News | Power & Energy Tanzania 2025

Market News

  • UK and USA sign MoU to aid Africa with power generation

    Posted on :Monday , 28th December 2015

     K’s Energy Africa campaign and USA’s Power Africa initiative have decided to sign a partnership to aid Africa with power generation projects

    geothermal HaukurHerbertsson flickrHarnessing geothermal energy sources across Africa could help overcome electricity deficits.
    An MoU was signed between USA and UK at the United Nations Economic Commission for Afric. . .

  • French Companies to Invest in Zimbabwe

    Posted on :Monday , 28th December 2015

    A number of French investments are lined up for Zimbabwe in 2016 with power giant, Schneider Electric, expected to enter the Zimbabwean market, French Ambassador to Zimbabwe Laurent Delahousse has said.

     
    Delahousse told businessdigest in an exclusive interview this week that the firm, which already has a branch in South Africa , will open a branch in the country with. . .

  • AfDB Spends U.S.$1Billion On Energy Projects

    Posted on :Saturday , 26th December 2015

    The African Development Bank (AfDB) says it had devoted at least $1 billion to finance power and infrastructure projects in Africa this year alone.

     
    In October, the AfDB availed $428,43 million in loans and grants to finance projects in energy, infrastructure, transport and water and sanitation in eight African counties namely Zimbabwe, Guinea Bissau, Guinea, Senegal. . .

  • Energy firm concludes construction of gas-powered plant in Mozambique

    Posted on :Thursday , 24th December 2015

    The Gigawatt Mozambique power company says it has completed the construction of a gas-fired power station at Ressano Garcia, on the border with South Africa, with the initial capacity to generate 120 megawatts, APA can report on Thursday.

    The company’s managing director, Johan de Vos, said in a media statement emailed to APA that the power station was built in 18 months, on. . .

  • Symbion Power Completes Deal for East African 50MW Power Plant

    Posted on :Monday , 21st December 2015

     Symbion Power Lake Kivu Ltd, a subsidiary of American firm Symbion Power LLC has signed a 25-year power purchase agreement (PPA) with the Rwanda Energy Group (REG) for a 50 Megawatt (MW) methane gas to power project.

     
    The official signing involved Symbion Power CEO Paul Hinks, REG CEO Jean-Bosco Mugiraneza, and Minister of Infrastructure James Musoni.

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