Market News

 Ethiopia is hugely investing in energy especially in renewable energy which enables the country to be the leading manufacturing hub and power exporter in Africa.   Chairman of the Executive Board for 2016 World Energy Congress has said Ethiopia's drive towards building environment frien . . .

 The government will continue with the construction of nuclear power plants in South Africa,  Head of Nuclear Energy Corporation (Necsa), Phumzile Tshelane, has said.   Tshelane indicated that they had the two options of coal and nuclear to increase their power supplies as other met . . .

 Ghana has begun the construction of what it says will be the largest gas-fired power plant in sub-Saharan Africa to take advantage of the country’s rich reserves of natural gas.   The gas power plant in Ghana, developed by Cummins Cogeneration Limited and WUTA Energy, will generat . . .

 The French Development Agency (AFD) under the SUNREF programme has pledged to help in boosting energy efficiency in Uganda, the country’s Commissioner for Energy James Banabe has said.   AFD which seeks to finance green projects, has earmarked $13 million to fund companies looking . . .

Twenty firms have been prequalified to bid for the construction of the regional Rusumo Falls Hydroelectric Project, which is expected to add 80MW to the Rwanda, Burundi and Tanzania power grids by 2019.   The current electricity generation in the region cannot meet the increasing industrial a . . .