Market News

Zambia launched the construction of a China-aided major hydro-power project on Saturday, which will go a long way in boosting the country's electricity generation capacity.   The launch came after the signing of a memorandum of understanding by the two governments for the commencement works o . . .

Kenya Electricity Generating Company (KenGen) earned Sh24.9 million for managing the most expensive form of energy in the country during the year to June 30.   The revenue is disclosed in KenGen's annual report for the period which also shows that the company earned Sh33.7 million for a simil . . .

 UN sponsored climate talks got underway in France’s capital Paris this week with Africa’s top climate change negotiators upbeat that they will get a legally binding agreement this year.   Early ahead of the talks South African negotiators were not sure exactly how much money . . .

Egypt will get the first electricity supply from Dabaa nuclear power plant in 2024, the country’s prime minister Sherif Ismail has announced. He said that that the plant will run under acceptable environmental safety standards. He added that Dabaa residents will be relocated. The announc . . .

 Zambia has begun the construction of what it says is a major hydro-power project aimed at boosting the country’s electricity generation capacity.   The construction of 750 megawatts Kafue Gorge Lower Hydro-power project in Zambia begins following the signing of a memorandum of und . . .