Market News
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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. . .Africa: AfDB\'s New \'Energy for Africa\' Deal to Benefit Over 700 Million People
Posted on :Tuesday , 22nd September 2015
700 million people will be supported to afford clean cooking energy stoves by the "New Deal for Energy in Africa," an initiative by the African Development Bank Group (AfDB) unveiled Thursday to solve Africa's huge energy deficit by 2025.
The blue print to get rid of Africa's energy poverty by 2025 was unveiled at a High Level Stakeholder Consultative Meet. . .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. . .Please Select an Option
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