Market News | Power & Energy Tanzania 2025

Market News

  • Kenya Power Net Profit Rises to Sh7.4 Billion

    Posted on :Friday , 30th October 2015

    Kenya Power has posted a 6 per cent increment in net profit to Sh7.43 billion for the year ended June 30.

     
    Net earnings for the previous year stood at Sh6.99 billion.
     
    The utility's jump in profits was supported by increased electricity sales and a review of the electricity tariff that became effective at the start of December 2013.
  • TIB Bank gives energy sector big boost

    Posted on :Thursday , 29th October 2015

    SUBSTANTIAL investment in the energy sector is set to increase electricity generation to make history the long overdue power blues that have been contributing to cost of doing business.
    TIB Development Bank entered into a deal with the state owned Power Company (TANESCO) to release and arrange a syndicated loan aimed at putting new infrastructure, the transmission line from Somanga in Ki. . .

  • AFDB boosts electricity access in rural East Africa

    Posted on :Wednesday , 28th October 2015

     The African Development Bank Group (AfDB) has boosted electricity access in rural Uganda following the approval of  US$ 121m loan to finance the project.

     
    According to AfDB, the funds are expected to help in the improvement of livelihoods, growth of the economy and allow access to social services in rural areas as public institutions get connected to the n. . .

  • Despite Threats, Africa is Looking to Nuclear With Russia and Chinas Help

    Posted on :Tuesday , 27th October 2015

    Many African countries are in the grip of a nuclear fad. They believe nuclear energy will bring with it an international currency of prestige. Countries with nuclear energy programs are seen as rich and technologically advanced and as a result possess advanced status compared to other developing countries.

    Nuclear is not new to Africa. It has been active since the 1950s when the . . .

  • DNV GL mapping wind energy potential in Africa

    Posted on :Tuesday , 27th October 2015

     DNV GL has created prelimary wind atlases for Zambia, Tanzania and Maldives as part of a World Bank-funded energy management programme to encourage wind energy generation 

    windenergy blickpixel pixabayThrough maps, DNV GL can provide investors with verifiable and tangible information on wind energy potential in the three African nations. 
    The Energy Sector . . .

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