Market News
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Swala Energy to raise $4.4M to fund activities in Kenya and Tanzania
Posted on :Monday , 20th October 2014
Swala Energy Limited has announced a Share Purchase Plan to raise up to A$5.0 million (US $4.4 million) to fund additional near-term work on the Company’s Tanzanian and Kenyan licences, as well as for business development and general administrative purposes.The c(SPP) is to be offered to all eligible shareholders who can subscribing for. . .Africa to have the largest independent power plant built in Ghana
Posted on :Monday , 20th October 2014
Africa is to have the largest independent power plant built in the Sub-Saharan region, Ghana. Cenpower Generation Limited has already signed an agreement for construction of Kpone Independent Power Plant (KIPP) in the Tema industrial zone at a cost of US$900m to finance the project.
The Combined Cycle Gas Turbine (CCGT) power plant is projected to start stream in 2017, addi. . .
Africa Biogas Partnership Programme to deliver 100,000 biogas plants in Africa
Posted on :Monday , 20th October 2014
Five African countries will benefit from the Africa Biogas Partnership Programme (ABPP) that will see construction and installation of 100, 000 biogas plants by 2017. The program, a partnership between Hivos and SNV, will see about half a million populations in Ethiopia, Kenya, Uganda, Tanzania and Burkina Faso gain access to sustainable energy source. The fi. . .Algeria to Build First Nuclear Plant Before 2029
Posted on :Wednesday , 15th October 2014
Oran — Algeria will build its first nuclear plant before 2029, declared Sunday in Oran Minister of Energy, Youcef Yousfi.
"Nuclear energy is not for soon, but we cannot ignore that it is a capital energy industry, likewise the other resources, devoted to our energy efficiency and our economic development," the minister told a news conference held on . . .Tanzania to link up with Kenyan and Zambian grids by 2015
Posted on :Wednesday , 8th October 2014
Tanzania will complete a $455 million power transmission line next year linking its power grid to Kenya and Zambia, part of plans to export electricity powered by its gas and coal reserves to neighbours, the Energy and Minerals Ministry said on Monday.
Tanzania, which has found commercial quantities of gas offshore and sits on big coal deposits, aims t. . .Please Select an Option
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