Market News

 In remote areas where the electricity grid has not reached, entrepreneurs are jumping on the solar bandwagon to light their communities and address their basic energy needs.   Our countries continue to depend on the availability of better and easier energy that is affordable to rural Ta . . .

 British investors are targeting projects worth about £500 million (Sh64.47 billion) in renewable energy sector, UK prime minister's trade envoy to Kenya and Tanzania Clive Hollick has said.   The projects are mainly in solar, wind and biomass power, areas where the country has und . . .

 Pan-African development website ElicitAfrica.com reports Investec made the acquisition through its African private equity capability. The move will see the asset management service partner with Mobisol, a well-established solar power provider to low income households in Tanzania and Rwanda. Th . . .

 Virunga National Park is located in the Democratic Republic of Congo (DRC) near borders with Uganda and Rwanda. It was established as the first national park in Africa in 1925. Now a UNESCO world site, it is the most biologically diverse protected area on the continent and is home to the world . . .

 BBOXX Ltd, a London-based provider of off-grid solar systems active in many parts of Africa, has secured $20 million in Series C funding from a consortium of international backers and investors.Founded in 2010, BBOXX has been active in many parts of sub-Saharan Africa, bringing its distributed . . .