Market News
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East Africa: Construction of Muvumbe Hydro-power Dam kicks off
Posted on :Friday , 25th September 2015
The construction of the US$ 18m Muvumbe Hydro-power Dam in Uganda has kicked off. Located in Kabale District, Kigarama village in Nyanja parish, Maziba Sub-county, The mega project will be constructed by Vidullanka PLC from Sri Lanka.
The ground breaking of this important project was presided over by the Prime Minister, Dr. Ruhakana Rugunda who hailed th. . .Rwanda waits for methane power unit
Posted on :Thursday , 24th September 2015
KIGALI, Rwanda - Rwandans will soon benefit from a project that generate electricity from heating methane gas on a floating platform.
The project is being done in two phases and contracted to KivuWatt, a subsidiary of ContourGlobal.
Recently the company announced in the local media that completion of the first phase will be done by October.
Countour. . .
AfDB approves US$121mn grant to improve East Africa\'s electricity access
Posted on :Thursday , 24th September 2015
The African Development Bank (AfDB) has approved a US$121mn loan and grant to assist the government in improving electricity access for businesses and in rural households. powerlinenigeria pixabayOnly 14 per cent of Uganda has proper access to power, and AfDB hopes to increase that percentage through its project.
According to AfDB, the move is expected to enhance economic gr. . .
Rwanda: Country Waits for Methane Power Unit
Posted on :Tuesday , 22nd September 2015
Kigali — Rwandans will soon benefit from a project that generate electricity from heating methane gas on a floating platform.
The project is being done in two phases and contracted to KivuWatt, a subsidiary of ContourGlobal.Recently the company announced in the local media that completion of the first phase will be done by Octob. . .Shareholders Endorse Makhado Thermal Project
Posted on :Tuesday , 22nd September 2015
Johannesburg — COAL of Africa Limited the coal exploration and project development company operating in South Africa, has announced the successful completion of the shareholder approved share placement to Yishun Brightrise Investment PTE Limited.
The 183 231 261 ordinary shares were issued to Yishun, at 5,15 pence per share, in terms of the subscription agreem. . .Please Select an Option
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