Market News

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 . . .

 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 w . . .

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 wer . . .

 The African Development Bank now says that it will focus more on efforts to construct more power facilities in Africa in a bid to tackle the chronic power shortages in the continent.  AfDB new president Dr. Akinwumi Adesina said that the move will help unlock Africa’s economic poten . . .