M a r k e t N e w s

Government plans to provide electricity to at least to 70 percent of Kenyans

Posted on : Wednesday , 28th January 2015

DAVOS: The Government plans to provide electricity to at least to 70 percent of Kenyans in the next three years, Deputy President William Ruto has said. Speaking in Davos, Switzerland, Mr Ruto said the Government had engaged in the ambitious project including infrastructural development so as to spur economic growth. He said Kenya wanted to create an environment that will attract investment to the country and create employment. "Kenya is looking forward to generate clean energy. In the next three years we will have 300 per cent supply of electricity. We want it to reach 70 percent of our population."

He said with cheap power supply and good infrastructure, investors will find Kenya a good place for their investment. The power project is funded by the African Development Bank. Former U.S. Vice President Al Gore hailed Africa and particularly Kenya on the use of mobile phone money transfer. He said Africa needed to light up homes and industries for development to be realised. Speaking at the same meeting, Mr Gore, the chairman of Generation Investment Management, said Africa was proving itself in matters of technology.

 

Source : www.standardmedia.co.ke
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