Market News| Africa Business News

Kenya Power Rolls Out Sh22 Billion Plan to Tame Outages

Kenya Power will spend Sh22 billion to modernise electricity grid as a growing number of connections puts pressure on the current network. After three national outages in 2016, and a rising concern over the quality of power supply, the utility provider will now create an alternative network to take over when the current lines become faulty, effectively minimising blackouts. Dubbed the 2016-20121 Grid Development and.... Read more »

Posted on : Wednesday , 31st August 2016

Tanzania to sign 400MW power purchase deal with Ethiopia

Tanzanian authorities said on Saturday that the country will sign a 400 megawatts power purchase agreement with Ethiopia in the coming weeks. Felchesmi Mramba, Managing Director of state-owned Tanzania Electric Supply Company, said the official signing of the power pact will be preceded by a meeting in Arusha of 10 member states of the Eastern Africa Power Pool. Countries forming the Eastern Africa Power Pool are Kenya,.... Read more »

Posted on : Wednesday , 31st August 2016

Renewable energy project to connect 77,000 rural homes

Government efforts aimed at increasing supply of clean energy to power its green growth ambitions have gotten a boost, thanks to a new off-grid renewable energy support programme. Scaling up Off-Grid Energy in Rwanda (SOGER) aims to grow sustainable off-grid renewable energy markets by supporting private sector companies to deliver energy access to 77,000 people in poor rural areas, Herbert Nyaga, the country manager of Energy 4.... Read more »

Posted on : Tuesday , 30th August 2016

Ethiopia To Transfer Solar Energy Projects To Private Developers

ADDIS ABABA, Aug 30 (BERNAMA-NNN-ENA) -- Ethiopian Electric Power (EEP) has announced that it would transfer three solar energy generation sites to private developers. The sites have been identified and evaluation is underway to hand over the projects to private developers who win the tender floated for the purpose. CEO of Ethiopian Electric Power (EEP) Engineer Azeb Asnake told ENA that sites were identified in Metahara,.... Read more »

Posted on : Tuesday , 30th August 2016

Ethiopia and Tanzania agree on power export deal

Tanzania is set to sign electricity power export deal with Ethiopia making it the fourth African country purchasing electricity from the latter. Ethiopia’s national power company (EEP) on Saturday announced that Tanzania has agreed to purchase 400 MW of Ethiopia’s hydro-power processed electricity. EEP’s Chief Executive Officer, Azeb Asnake said the agreement between the two countries will be finalized.... Read more »

Posted on : Monday , 29th August 2016

Tanzania to sign 400MW power purchase deal with Ethiopia

Tanzanian authorities said on Saturday that the country will sign a 400 megawatts power purchase agreement with Ethiopia in the coming weeks. Felchesmi Mramba, Managing Director of state-owned Tanzania Electric Supply Company, said the official signing of the power pact will be preceded by a meeting in Arusha of 10 member states of the Eastern Africa Power Pool. Countries forming the Eastern Africa Power Pool are Kenya,.... Read more »

Posted on : Monday , 29th August 2016

Tanzania�s rural electrification plan gets $470m boost

Tanzania's plans to increase electricity connections in rural areas have been boosted by a $470-million loan that the East African country has secured from a consortium of development partners. The country has made efforts to tackle abject poverty in rural Tanzania, where electricity access has remained a pipe dream for the majority, but the loan – from the World Bank, the Norwegian, Swedish and UK governments, the European Union.... Read more »

Posted on : Saturday , 27th August 2016

Africa: Tanzania Can Learn From Iceland Geothermal Energy Strides

Iceland — Geothermal energy is not among the much known sources of energy in Tanzania. However, the country is believed to be endowed with an abundant resource base that can generate electricity and furthermore utilise the spent geothermal fluid from power plant in social-economic activities such as agriculture, fishing, and recreational activities and in industries. According to the available geoscientific data and current.... Read more »

Posted on : Friday , 26th August 2016

Kenya Power and Toshiba sign MoU in support of efforts to reduce electricity distribution losses

Nairobi, August 25, 2016……Kenya Power and Toshiba Transmission & Distribution Systems (India) Private Limited (TTDI) , subsidiary of Toshiba Corporation, have signed a memorandum of understanding (MoU) on implementation of a pilot project aimed at decreasing distribution losses in the national grid. The MoU will guide installation, testing and evaluation of equipment that will be supplied by TTDI, on a trial.... Read more »

Posted on : Friday , 26th August 2016

Continental Water Facility to Boost Hydropower and Irrigation in Tanzania

The African Water Facility (AWF) has granted Tanzania €2 million for a pre-feasibility study of a multi-purpose dam, irrigation and hydro-power project on the Ruhuhu River. The AWF is a multilateral fund that provides grants and technical assistance to governments, non-governmental organizations and private-public partnerships to enable them secure investments and implement sustainable water projects in Africa. It was.... Read more »

Posted on : Friday , 26th August 2016

Dadaab power station to spur Garissa growth

Energy CS Charles Keter yesterday commissioned the Dadaab power station. It will provide electricity to more than 200,000 people have electricity connection under the Rural Electrification Programme.The project is co-funded by UNHCR and the Kenyan government for Sh200 million. Dadaab and neighbouring public primary schools will have electricity next month, Keter said. The CS said his ministry will extend power connections to.... Read more »

Posted on : Thursday , 25th August 2016

US firm Cummins starts 12MW Baringo power production in October

American engineering firm Cummins Inc has set October as the date to begin generating electricity from a toxic shrub popularly referred to as ‘Mathenge,’ after more than two years of false starts blamed on mechanical hitches. The Columbus-based company said it is working to rectify the technical snags that have dogged the 12-megwatt Mathenge power plant in Marigat, Baringo County, which was due to begin feeding the.... Read more »

Posted on : Thursday , 25th August 2016