Market News

 South Africa could tap into its natural gas reserves to expand its energy mix and support growth across the economy, recommended McKinsey Global Institute DualfreqGas-fired power plants could help make up for deficits in South Africa's power supply. (Image source: Dualfreq/WikimediaCommons) . . .

As east Africa’s energy demands continue to raise, regional countries are looking to formulate a comprehensive policy on energy security and ease the conditions for investors in the sector. Speaking Monday at a meeting on policy framework in Kigali, Antonio Pedro the United Nations Economic Co . . .

 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 c . . .

 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 . . .

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 univers . . .