Market News
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US$145mn for Kenya-Tanzania power transmission line
Posted on :Saturday , 29th August 2015
The African Development Bank (AfDB) has approved a US$145mn loan for the construction of a 510 km power transmission line running through Kenya and Tanzania
power-transmission-lineThe Kenyan government plans to add 5,000 km power lines to the existing 3,800 km in the next two years.The two countries will use the loan to support their efforts in constructing th. . .
East Africa power company invests in smart meters
Posted on :Saturday , 29th August 2015
Uganda's retail power distributor Umeme Power Company is reported to be investing US$24mn in automated meter-reading technology that uses smart meters to help it curb energy losses among large commercial consumers
powerline- gyn9037According to Babungi, the ability to monitor customer consumption and status of metering installations enable real time responses in cases of power t. . .
Muzizi hydro-power to be constructed in East Africa
Posted on :Friday , 28th August 2015
The Ugandan and two companies from Germany and France has signed a US$ 76m agreement that will see the construction of the Muzizi hydro-power project come to birth and help in providing power to more than 60,000 homes.
Germany Development Bank (KfW) and the French Development Agency are the two other companies that are financing the construction of Muzizi hydr. . ..jpg)
Developing nations need Sh13 trillion geothermal investment by 2030
Posted on :Friday , 28th August 2015
Kenya and Turkey have exceeded forecasts for harnessing geothermal energy, but other developing countries, including Indonesia and the Philippines, are lagging behind on leveraging the renewable power source, a new analysis shows.
If developing nations are to carry out the planned expansion of geothermal energy capacity, $133 billion (Sh13.7 trillion) needs to. . ..jpg)
Germany to support renewable energy sector in Tunisia
Posted on :Friday , 28th August 2015
Germany has announced support for the renewable energy sector in Tunisia applauding the country for adopting the green energy.
According to German’s Parliamentary State Secretary to the German Federal Minister for Economic Co-operation and Development Thomas Silberhorn during his visit to Tunisia German is currently focusing in cooperating with African c. . .Please Select an Option
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