At a time when struggling Turkish exporters are looking for ways to diversify their target markets, Africa is poised to become the new frontier market for Turkish firms as they position themselves to become major stakeholders in the region’s rapidly growing industries. Africa has recorded an annual growth rate of 5 percent over the last decade and is expected to continue this trend in the coming years. Six out of ten fastest growing.... Read more »

Posted on : Wednesday , 23rd November 2016

 The Rwanda Energy Group is targeting to increase power output to at least 563MW by 2018 from the current capacity of 190MW and connect about 70% of households by 2020.   In East Africa, the chief executive officer at the Rwanda Energy Group (REG), Jean Bosco Mugiraneza, has stated that the utility seeks to upsurge power distribution and supply, as well as increase efficiency to meet increasing demand for electricity in the country,.... Read more »

Posted on : Wednesday , 23rd November 2016

 Ethiopia meets much of its energy demands from hydroelectric sources these days. Though 45,000 MW of hydro power potential under use at the moment, the demand for energy is increasing at a high rate. The growth in the demand is due to the ongoing industrial growth and rapid development. The fast economic growth of the nation calls for more energy even from other energy alternatives. Among the other alternatives that the country has not.... Read more »

Posted on : Wednesday , 23rd November 2016

 Pime Minister Kassim Majaliwa has directed the electricity contractor at the Kiluwa Steel Group factory in Coast Region to connect the industry to reliable electricity within 18 days, so that it kicks off operations immediately.   Mr Majaliwa issued the directive yesterday when speaking to residents and government leaders of Coast Region who turned up at the factory located at Mlandizi. The PM made an impromptu tour at the factory.... Read more »

Posted on : Wednesday , 23rd November 2016

 Kibo Mining plc (“Kibo” or the “Company”) (AIM: KIBO; AltX: KBO), the Tanzania focused mineral exploration and development Company is pleased to announce that it has signed a Collaboration Agreement (the “Agreement”) with General Electric International Inc (“GE”), with respect to the development of the Mbeya Coal to Power Project (“MCPP” or “the Project”). The.... Read more »

Posted on : Tuesday , 22nd November 2016

Rwanda National Police could be an active partner and enforcer of effects to protect the environment, but when the institution continued to use wood fuel, it was as well adding to environmental and other health woes.   But now Police Training School (PTS) Gishari in Rwamagana District has turned to using clean energy as part of RNP's environmental protection policy in conformity with the national environmental protection.... Read more »

Posted on : Tuesday , 15th November 2016

If we look over the experience of developed countries, the development of their energy sources played indispensable role for achieving economic advancement. The industrial revolution which took place in 1850 in Great Britain and other European countries was aggressively entertained by the exploitation of non-renewable energy sources.   From that time on-wards, the human way of life was rapidly changed and the socioeconomic progress was.... Read more »

Posted on : Monday , 14th November 2016

A senior official at the Vision 2030 secretariat want Geothermal Development Company (GDC) to fast-track the process of generating steam power at the Menengai fields in Nakuru County.   This, he said, will speed up the country's ambitious flagship project of providing Kenyans with green energy and at the same time saving the multibillion project from being branded another "white elephant project."   According to the.... Read more »

Posted on : Monday , 14th November 2016

Two contracts, worth $75 million (about Rwf46 billion), for the initial construction works of the Regional Rusumo Falls Hydroelectric Project have been signed.   The contracts for the power project to generate 80 megawatts of electricity were signed in Kigali on Wednesday.   The first contract was signed between Rusumo Power Company Limited (RPCL), and a consortium of contractors, including CGCOC Group Ltd - Jiangxi Water and.... Read more »

Posted on : Monday , 14th November 2016

The African Trade Insurance Agency (ATI) has urged the government to strengthen the existing partnership with ATI to bring in 1.2 billion US dollars (2.6tri/-) investments into the energy sector and an additional 1,200 Megawatts into the national grid.   ATI Chief Executive Officer Mr George Otieno said in Dar es Salaam yesterday that the insurance firm's objective is to support Tanzania by bringing in much needed investments and lowering.... Read more »

Posted on : Friday , 11th November 2016

The Rwanda Energy Group is targeting to increase power output to at least 563MW by 2018 from the current capacity of 190MW and connect about 70% of households by 2020.   In East Africa, the chief executive officer at the Rwanda Energy Group (REG), Jean Bosco Mugiraneza, has stated that the utility seeks to upsurge power distribution and supply, as well as increase efficiency to meet increasing demand for electricity in the country,.... Read more »

Posted on : Thursday , 10th November 2016

The African Trade Insurance Agency (ATI) will tomorrow host an international conference on unlocking investments to maximise Tanzania's Energy Potential.   ATI's Chief Underwriting Officer Mr John Lentaigne said in a statement that, "Most international financiers and lenders simply cannot invest in most African countries due to their sub-investment grade ratings without an institution like ATI standing behind these.... Read more »

Posted on : Thursday , 10th November 2016