Market News

  On the evening of Friday 27th January 2017, members of the business community in Tanzania gathered at the Hyatt Regency Hotel to celebrate the most accomplished businesses of 2016. The event was the Tanzania Leadership Awards (TLA), which honors successful businesses that range from cong . . .

SOROTI, UGANDA - East African states have been asked to invest more resources in the development of renewable power projects like solar energy where the region has a better comparative advantage as compared to Hydropower which is more expensive to finance.   Development partners say the clima . . .

Renewable energy companies in East Africa are now turning to crowdfunding to raise money for expansion.   Firms that provide solar kits and modern cooking stoves -- such as Rubagabaga Run of River Hydropower Project in Rwanda, SimGas Kenya Ltd, Eco-Charcoal Ltd and Uganda's Eco Group Ltd -- a . . .

 Uganda’s new $19 million solar plant in Soroti heralds a new era that will see the country start to change the energy mix away from dependence on hydroelectricity.   The 10 MW facility, located 293km east of Kampala, is the country’s first grid-connected solar plant.   . . .

Dar es Salaam — At least 250,000 displaced Congolese and Burundians living in three refugee camps in Western Tanzania expect to benefit from a largest solar-powered water treatment project.   According to a press statement, Water Mission and Poul Due Jensen Foundation (the Grundfos Foun . . .