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

The Minister of Infrastructure, James Musoni, has said that while the energy sector has played a key role to the country in achieving an average GDP growth of 8% for the last decade, considerable investment is still required in the sector for the country to achieve its economic target of 11.5% annual growth by 2020.   The Minister made the remarks on Tuesday while opening the third edition of the iPAD Rwanda Energy Infrastructure Forum in.... Read more »

Posted on : Thursday , 10th November 2016

 Africa’s power suppliers can be profitable and still make electricity access affordable for consumers.   That’s according to the World Bank’s report, which looked at utilities’ financial statements and power tariffs in 39 African countries and spending data in 22 household surveys.   It suggests several ways of recovering the cost of supply and making electricity affordable.   That includes.... Read more »

Posted on : Thursday , 3rd November 2016

 The third annual iPAD Rwanda Energy Infrastructure Forum could act as catalyst for the country to attract private investors into the crucial sector, utility experts have said. The two-day forum opens today, with about 250 delegates from different countries across the world expected to attend, according to the organisers. Evan Schiff, one of the organisers, said as much as the meeting has various expectations, this could as well act as an.... Read more »

Posted on : Tuesday , 1st November 2016

 Kenya recently signed a contract with the North China Power Engineering (NCPE) company for the construction of a 96km power line from Isinya in Kenya to the Namanga border with Tanzania. This is part of the Kenya-Tanzania interconnector project, which involves the construction of about 510km transmission line from Kenya to Tanzania. “With a capacity to transfer 2,000MW in either direction, the interconnector will have positive.... Read more »

Posted on : Wednesday , 26th October 2016

 Arusha — Over 40,000 households in 160 villages across the country would be connected with electricity by 2020 through mini-grids to be installed by PowerCorner Tanzania, a firm established in 2015 to provide energy access to the rural areas.   A total of $ 140,000 will be spent on the mini-power grid with the connection charges not exceeding $1,000 per village, according to Frederic Madry, the managing director of the Dar es.... Read more »

Posted on : Tuesday , 25th October 2016

 Authorities in Djibouti are working to increase the share of renewables in the energy mix, with a particular focus on harnessing the country’s plentiful geothermal resources.   In early August Djibouti’s Office of Development of Geothermal Energy inked a memorandum of understanding with Japanese conglomerate Toshiba to develop some 50 MW of geothermal energy projects across the country.   Under the terms of the.... Read more »

Posted on : Monday , 24th October 2016

 Eskom says South Africa is well-equipped to have nuclear power stations and has a nuclear safety culture, with Koeberg having operated safely for over 32 years.   The power utility said on their website about two-thirds of the world’s population live in countries where nuclear power plants are an integral part of electricity production and industrial infrastructures.   "The performance of the Koeberg power station.... Read more »

Posted on : Monday , 24th October 2016

 Amaya Capital, the African-focused principal investment firm, has announced an equity commitment of over $300 million in power generation platform.   The new investment follows the acquisition by growth markets investor, Actis of American Capital Energy & Infrastructure’s stake in Azura Power Holdings Limited (Azura).   The company said in a media statement that this transaction and the consequent expansion of.... Read more »

Posted on : Friday , 21st October 2016