Market News

 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 . . .

 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 . . .