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Market News

  • The construction of 78km Powerline in Burundi launched

    Posted on :Wednesday , 4th November 2015

    A US$ 36m powerline in Burundi that was constructed to link the capital Bujumbura, from the Ruzizi II hydroelectric dam in Kamanyola at the Democratic Republic of Congo has been launched by Burundi’s Deputy President Dr. Joseph Butore.

    The Powerline in Burundi will help the country export surplus electricity to neighboring countries, or import through the regional interconn. . .

  • Tanzania Starts Construction Works Of Power Interconnection Project With Kenya

    Posted on :Tuesday , 3rd November 2015

    The Tanzanian and Kenyan Governments have recently announced that construction works have started on the Kenya-Tanzania Power Interconnection project that aims at connecting the Eastern Africa Electricity Highway between Kenya and Ethiopia, with the Eastern Africa Power Pool compounded by countries of the Common Market for Eastern and Southern Africa (COMESA).

     <. . .

  • Coal Power plant in Africa to be constructed at a cost of US$3b

    Posted on :Tuesday , 3rd November 2015

     First Coal power plant in Egypt will be constructed at a cost of US$3b a move that will boost the country’s  power sector. The move comes after the country signed a power plant construction deal with Siemens and scatec.

     
    According to officials in the Ministry of Electricity and Renewable Energy, a deal will be signed with a UAE company to help establ. . .

  • First Coal Power plant in Africa rica to be constructed at a cost of US$3b

    Posted on :Tuesday , 3rd November 2015

     

    First Coal power plant in Egypt will be constructed at a cost of US$3b a move that will boost the country’s  power sector. The move comes after the country signed a power plant construction deal with Siemens and scatec.

    According to officials in the Ministry of Electricity and Renewable Energy, a deal will be signed with a UAE company to help establish t. . .

  • Egypt: First Coal-Operated Power Station to Be Established in March At U.S.$3 Billion

    Posted on :Monday , 2nd November 2015

    High-level sources in the Ministry of Electricity and Renewable Energy said that the ministry will sign with a UAE company a contract for establishing the first coal-operated power generating station in South Sinai next March.

     
    The sources said that the ministry is currently finalizing the environmental studies and timetable of the project, where the Egyptian Electri. . .

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