Market News

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 . . .

 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 . . .

 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 w . . .

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, o . . .

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 . . .