Market News

FORMER President Benjamin Mkapa has challenged energy experts and institutions in Sub-Saharan Africa to work out strategies for expanding solar technology across the region in order to generate reliable and affordable power. Mr Mkapa said that the sub-region was gifted with abundant sunlight wh . . .

 The co-founder and president of Lumos Global, Nir Marom, says the solar industry on the continent is booming, driven by largely unmet demand for energy.   "The fundamentals haven't changed, a huge unmet demand for energy, increasing mobile connectivity, and abundant solar resources alto . . .

 Busia County has partnered with RVE.SOL Company to provide reliable and adequate solar-powered electricity to residents.   The two parties signed an agreement recently. The company will develop, operate and maintain solar mini-grids and offer high quality renewable and sustainable energ . . .

 The Ministry of Energy is exploring the possibility of having a tax exemption on renewable energy with the Ministry of Finance and Planning as a means of attracting more investments into the sector.   According to a recent report, to meet the goal of achieving 100% renewable energy, an . . .

 The power generators are essential for both home and businesses in cities across the continent, even in the economic hubs of Lagos, Nigeria, and Nairobi, Kenya. Almost two-thirds of Africa’s 1.2bn population lack access to electricity and, according to the African Development Bank (AfDB) . . .