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Market News

  • African Development Bank invests in Kenya Power\'s, Last Mile electricity project

    Posted on :Tuesday , 22nd September 2015

     The African Development Bank in partnership with the Kenyan government will give Kenya Power an additional of US$ 190m in a bid to see the completion of the Last Mile electricity project in Kenya.

     
    The electricity project whose initiative was started so as to help increase electricity access to Kenyans particularly those who are in the low income group was inst. . .

  • Construction of Rusumo Falls Hydropower Project along Rwanda-Tanzania border to begin

    Posted on :Saturday , 19th September 2015

     Construction works of the 80MW  Rusumo Falls hydropower project which is funded by the World Bank and the African Development Bank is set to begin next year. The construction project will be located at Rusumo Falls along Rwanda-Tanzania border . The announcement comes after the families who were living in the area were relocated.

     
    “Holding other fact. . .

  • South Africa: Exploring Sources of Energy for SA

    Posted on :Saturday , 19th September 2015

    Pretoria — Energy experts on Friday exchanged views on how South Africa can explore various avenues of generating energy to supply its citizens with sufficient and affordable power.

     
    At the 20th National Economic Development and Labour Council (Nedlac) Annual Summit held in Pretoria, on Friday, the experts attempted to come up with possible solutions to the ele. . .

  • Nigeria: Commission Inaugurates Enforcement Task Force On Electricity Supply

    Posted on :Saturday , 19th September 2015

    The Nigerian Electricity Regulatory Commission, NERC, on Friday inaugurated an enforcement task team on electricity supply.

     
    The Chairman of the Commission, Sam Amadi, said the inauguration of the task force on regulatory enforcement became necessary following recent improvement in available electricity to consumers.
     
    Mr. Amadi attribute. . .

  • Kenya and Rwanda in Power Deal

    Posted on :Wednesday , 16th September 2015

     Kenya Power and Rwanda have entered a power agreement in which  Kenya power will commence exporting 30 MW of power to Rwanda as from early 2016, chief Executive Officer Dr. Ben Chumo has announced.

     
    Chumo expressed confidence that the power purchase agreement reached with Rwanda will boost Kenya Power revenues.
     
    “This pr. . .

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