Market News
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UN body to aid Africa with nuclear power generation
Posted on :Thursday , 3rd September 2015
UN’s International Atomic Energy Agency (IAEA) has decided to help African nations with the development of nuclear energy for electricity generation
nuclearplant 12923 pixabayPlans for nuclear power generation are making headway in Kenya. (Image source: 12923/Pixabay)Several African countries have expressed interest in the peaceful development of nuclear power. . ..jpg)
Rwanda Govt leases 22 micro-hydro power plants to private developers
Posted on :Wednesday , 2nd September 2015
The government has leased 22 micro-power projects to private investors, a move aimed boosting the country’s power generation capacity.
The plants were leased to seven private power developers for 25 years, according to the Power Purchase and Concession Agreements signed between the companies and Ministry of Infrastructure, Rwanda Development Board and th. . .
East Africa banks on green energy to drive growth
Posted on :Monday , 31st August 2015
East African countries may soon emerge as global leaders in green energy, if efforts put by the various governments to exploit sources of renewable energy are attained.
Various stakeholders attending the East African Power Industry Convention (EAPIC) in Nairobi yesterday agreed that universal access to affordable energy could only be achieved by exploiting clean ene. . .
German hydropower plant to start construction of transmission lines in East Africa
Posted on :Monday , 31st August 2015
Uganda’s 600MW Karuma hydropower plant is set to commence the construction of transmission power lines; this is after intec – GOPA-International Energy, a German energy consulting company agreed on a US$ 6.3m consultancy services contract.
Funding for the construction of the transmission lines at Karuma hydropower plant are from China’s Exim . . ..jpg)
Muzizi power dam project takes off
Posted on :Monday , 31st August 2015
The 44 mega watt (MW) Muzizi Power Dam in Kibale District will finally be a reality soon following the signing of an agreement between the German Development Bank (KfW) and the Agency for French Development under which the two institutions will fund the project to the tune of €70m (about Shs 270 billion).
Muzizi Hydro Power Dam is to be constructed on Riv. . .Please Select an Option
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