Market News

 African governments should aim to increase power generation 10-fold to give all their people access to electricity by 2030, an effort that would require a big increase in investment focused on renewable energy, a panel of high-profile figures said.   Two in three Africans - around 621 m . . .

 Renewable energy is one of the most untapped sectors in the country. This was said in Dar es Salaam yesterday by an official with the German firm, the Organisation for Development Cooperation (GIZ), Mr Josephat Focus, at the ongoing Dar es Salaam International Trade Fair (DITF).   "Ther . . .

In North Africa, Egypt’s New and Renewable Energy Authority (NREA) will soon call for interested bidders to submit proposals for the construction of solar and wind power plants with a total generation capacity exceeding 2,000MW. NREA Head Mohamed Salah Sobky said that the authority receives d . . .

 The Sustainable Energy Fund for Africa (SEFA) announced that it more than doubled its project portfolio last year, with commitments of USD 6.5 million, for 10 new projects all over the continent during the launch of its 2014 Annual Report.   SEFA 2014 highlights include: USD 3.6 million . . .

 Tanzania has immense solar and wind power potential that could provide much-needed energy for the developing nation, according to preliminary findings from a World Bank renewable energy resource mapping project.   The country’s resources suitable for solar power generation are est . . .