Market News| Africa Business News

Power from recycled water lights up Kirinyaga businesses

The mention of recently concluded Sixth Tokyo International Conference on African Development (Ticad VI) sends the thoughts of many to Nairobi city, which has recently become a favourite destination for international meetings. However, as a side event during that conference, some delegates toured Kirinyaga County in central Kenya. Like Nairobi, the sleepy Nyakiungu and Kiuria villages should have been as popular, at least.... Read more »

Posted on : Thursday , 8th September 2016

Kenya�s power imports from Uganda now rise 32 per cent

Kenya’s electricity imports from Uganda grew by nearly a third in the year to July saddled by the shutdown of geothermal power grid for lines maintenance. Kenya imported 40.7 million kilowatt hours (kWh) from Uganda compared to 31 million units in the first seven months of last year – marking a 32 per cent growth, according to official data. This is a departure from last year when East Africa’s largest.... Read more »

Posted on : Thursday , 8th September 2016

Kenya Power to use WhatsApp groups to stay in touch with consumers

Kenya Power is set to use WhatsApp groups to engage customers in a bid to enhance communication and service delivery. The company in a statement on Wednesday said the groups will be used to engage with the consumers for faster responses. "WhatsApp groups provide a convenient engagement platform with large power customers and create a forum for them to put across issues concerning power supply thereby," managing.... Read more »

Posted on : Thursday , 8th September 2016

Ethiopia: Repi Waste-to-Energy Project Nearing Completion

The Ministry of Water, Irrigation and Electricity said that the Repi waste-to-energy project is 87 per cent complete. The UK-based Cambridge Industries and China National Electric Engineering Corporation are undertaking the over 95 million USD project. The plant, which lies on 53,123 hectares of land is designed to generate 50MW. According to Project Deputy Head Nicholas Halias, the overall construction work including.... Read more »

Posted on : Wednesday , 7th September 2016

East Africa: Tanzania Joins List for Ethiopian Electricity Sales

Addis Ababa — Ethiopian Electric Power Corporation (EEP) last week announced Tanzania will buy 400MW of hydro-power processed electricity writes SAM OKWAKOL According to the Ethiopian News Agency, the agreement between the two countries will be finalised in the coming weeks. EEP's Chief Executive Officer, Eng. Azeb Asnake said, "The new power export deal will fosters economic integration and strengthen.... Read more »

Posted on : Wednesday , 7th September 2016

Kenya signs nuclear power deal with South Korea

Kenya’s nuclear energy bid received a major boost after signing an agreement with the Korea Electric Power Corp (KEPCO). The company and the Kenya Nuclear Electricity Board (KNEB) signed an MoU to cooperate on construction of nuclear projects and sharing expertise. Kenya aims to add nuclear power with a capacity of 4,000 megawatts by 2033. In the deal, South Korea has agreed to train a further three Kenyans in nuclear.... Read more »

Posted on : Wednesday , 7th September 2016

ContourGlobal sets innovation into action on Rwanda's Lake Kivu

For decades, Rwanda’s 80 km long Lake Kivu, with its high concentration of methane and carbon dioxide, has been seen as a risk due to its potential for toxic release. Extracting methane from the lake will now reduce environmental hazards while bringing electricity to millions of people. At the end of May 2015 US energy developing company ContourGlobal made a big step forward with its KivuWatt energy project by.... Read more »

Posted on : Saturday , 3rd September 2016

East Africa: Ethiopia Envisions to Generate 17,000 MW From Renewable Energy

Environment and Climate Change Minister Dr. Shiferaw Teklemariam said that Ethiopia looks to lead Africa in planing and constructing large hydro-power projects from solar, wind, geothermal and hydro power sources. Opening a two-day International Conference and Exhibition on Renewable Energy with the theme: 'Powering Resilience with Renewables' here yesterday, the Minister said by the end of 2020, Ethiopia planned to generate about.... Read more »

Posted on : Saturday , 3rd September 2016

South Africa to become wind energy hot spot

As recently as 2012, South Africa had very little wind energy capacity—10 MW to be precise—and it had taken ten years to get to that point. Now, in 2016, it is right around 2 GW. That's something like a 1900% increase in four years by my (admittedly math-addled) brain. And according to consulting firm GlobalData, another 3 GW are due to be added in the next four years. This matters for all of us. According to.... Read more »

Posted on : Saturday , 3rd September 2016

EOI: EPCM contractor for Phase 1, Corbetti project, Ethiopia

In a release yesterday, Corbetti Geothermal PLC is seeking expressions of interest (EOI) from interested parties for EPCM services for the first phase of the Corbetti geothermal project in Ethiopia, Africa. Corbetti Geothermal PLC is developing a geothermal power project in the Corbetti caldera in Ethiopia. The first phase of the project includes plans to install two (2) new wellhead backpressure turbines with total capacity.... Read more »

Posted on : Friday , 2nd September 2016

AKON PROVIDES ELECTRICITY TO 80 MILLION AFRICANS

Here in the west, Akon is a celebrity mostly known by his musical hits like “Locked Up,” “Lonely,” “Belly Dancer,” and “Ghetto” to name just a few. But his most amazing noteworthy achievement and legacy, which has not been mentioned much in the mainstream western media, is that through his entrepreneurial endeavors stemming from the success that he had through his music career, he.... Read more »

Posted on : Friday , 2nd September 2016

Rwanda: BBOXX Secures U.S$20 Million Funding to Expand Solar Off-Grid Connectivity

BBOXX, a leading global off-grid solar company, successfully closed a $20 million Series C investment on 30 August. The company has pioneered a distributed energy platform, comprising data-driven technology and a unique solar home system design to deliver off-grid energy on a utility scale. Since 2010, BBOXX has provided off-grid electricity to more than 350,000 people in 35 countries around the world. This latest round of.... Read more »

Posted on : Friday , 2nd September 2016