Market News

East African Community's utility companies should consider paying individuals a fee for the solar power they consume to encourage more investments in clean energy.   While the grid parity -- the threshold between the hydroelectricity and solar tariff -- has narrowed with the dramatic fall in . . .

For six years now, Esupat Loseku has known the joy of an income outside of livestock sales. The 29-year-old mother of six installs solar power systems and builds cookstoves in Enguiki village and its environs in northern Tanzania.   In a week, Ms Esupat can serve four homes or even more, char . . .

  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 . . .