Market News

Egypt's Ambassador to Japan Ismail Khairat said that Japan pledged to finance a solar power plant in Hurghada at a cost of $100 million.   In a statement, the foreign ministry said that the agreement was reached during the recent visit paid by Foreign Minister Sameh Shoukry to Japan.   . . .

 Nigerian vice-president Yemi Osinbanjo has signed an agreement with the UK government to increase the deployment of solar energy to the West African country’s rural communities solar succo pixabayThe campaign intends to accelerate the development of Africa’s emerging solar market, . . .

Leading global solar firm Scatec is now planning to invest over $600m for the construction of solar projects in Egypt over two years. The firm’s senior Vice President Terje Osmundsen said they are looking forward to building more solar projects in Egypt aimed at addressing the country&rsquo . . .

Cape Town — World Panel, the United States solar energy firm, has announced a partnership with Vodacom as a key retail partner to sell some of the former's products in South Africa.   The partnership has been signed in Cape Town at the ongoing AfricaCom.   World Panel Chief Execu . . .

 The dusty village of Melela Mlandizi stands 45 kilometres outside of regional hub Morogoro, Tanzania. Far from city infrastructure, its 200 inhabitants would be forgotten but for the installation of a solar power system, harnessing the hot sun that beats down overhead. It's what lights their h . . .