N e w s

Tanzania, WB sign $200m electricity deal

 Tanzania. The government of Tanzania and the World Bank yesterday signed a Memorandum of Understanding (MoU) in which the latter will provide $209 million (about Tz Shs456 billion) for the implementation of six-year rural electrification expansion programme.   The six-year project will also be financed by other development partners including Norway who will offer $80 million, Sweden ($70 million), European Union ($50 million),.... Read more »

Posted on : Thursday , 18th August 2016

Tanzania: Six-Year 456bn/ - Rural Electricity Deal Signed

The government and the World Bank yesterday signed a Memorandum of Understanding (MoU) in which the latter will provide 209 million USD (about 456bn/-) for the implementation of six-year Rural Electrification Expansion Programme. The six-year project will also be financed by other Development Partners (DPs). Other partners who will finance the project are Norway who will offer 80 million USD, Sweden (70 million USD), European Union (50.... Read more »

Posted on : Wednesday , 17th August 2016

Powering Africa - AfDB Boosts East Africa's Hydropower Projects

The African Water Facility (AWF), a multilateral fund hosted by the African Development Bank (AfDB), will finance a $2-million grant to help the government of Tanzania launch a pre-feasibility study for the multipurpose Kikonge dam, irrigation and hydropower project, expected to boost hydropower generation and irrigation development in Tanzania's Southwest region. In March, AfDB approved a $24 million loan to support Rwanda's contribution to.... Read more »

Posted on : Wednesday , 17th August 2016

African Renewable Energy Gains Attention

The potential for renewable energy development in Africa is experiencing an increase in attention lately as investors and world leaders seek a new clean energy frontier.   The continent could become a gold mine for renewable energy due to abundant solar and wind resources. But roadblocks to clean energy worldwide are amplified throughout the troubled regions of Africa - financial resources are thin and infrastructure is often.... Read more »

Posted on : Tuesday , 16th August 2016

African Development Bank backs study into Tanzania hydropower and dam project

The African Development Bank (AfDB) said the grant being made available to Tanzania’s government is in principle to study the potential for building a 300-megawatt hydro generating facility on the river Ruhuhu in Kikonge, in the southwest of the country.     If developed, the facility is expected to boost domestic electricity production in Tanzania by 53%, culminating in 1,300 gigawatt hours of production by 2025, said the.... Read more »

Posted on : Friday , 12th August 2016

Tanzania to connect one million homes to power

Tanzania plans to spend $3.21 billion over the next five years to connect about one million rural households to electricity, a senior government official has said.   East Africa's second-biggest economy wants to use some of its natural gas reserves to end power shortages and boost industrial growth.   "The five-year rural electrification project whose implementation starts in this 2016/17 government financial year is expected.... Read more »

Posted on : Tuesday , 16th August 2016

Stortemelk Hydro adds 4.5 MW to local electricity grid

Stortemelk Hydro, the third hydropower plant developed in South Africa by Renewable Energy Holdings (REH), started commercial operations on July 29. The 4.5 MW, R190-million project, which was awarded preferred bidder status under the second bid window of government’s Renewable Energy Independent Power Producer Procurement Programme (REIPPPP), is located near Clarens, in the Free State. Similar to the two hydropower plants previously.... Read more »

Posted on : Thursday , 11th August 2016

Tanzania Rural Electrification Program to Reach 7,873 Villages in 5 Years

The Tanzania Rural Energy Agency (REA) recently announced the beginning of implementation of the Rural Electrification Program Phase III. In its 3rd phase, the project aims to electrify more than 7,873 villages in rural Tanzania over the next 5 years. 7,697 villages will be connected to the national grid, while the remaining 176 will be connected to other energy sources. The total cost of the project will be TZS7tn. TZS4tn will be spent on.... Read more »

Posted on : Wednesday , 10th August 2016

Sh12bn project to end power outages – CS

The construction of an alternative main power transmission line will restart soon and be complete by November to end nationwide power outages like the one experienced over the weekend. The set up of the Sh2.64 billion, 400-kilovolts Suswa-Nairobi power line under the project will help address devastating and massive power outages, Energy Cabinet secretary Charles Keter has said. The CS said the construction on the 100km Suswa-Isinya and the.... Read more »

Posted on : Wednesday , 10th August 2016

Banks back 1 000 MW coal fired power project in Kenya

Industrial & Commercial Bank of China (ICBC) and Standard Bank of South Africa have concluded a deal to finance a $2-billion, 1 000 MW Amu coal-fired power plant, in Kenya.   ICBC, which has committed $1.2-billion to the project, has a 20% stake in Standard Bank, which will make available $300-million for the project.   The coal plant is being constructed by a consortium of local and international firms under investment vehicle.... Read more »

Posted on : Tuesday , 9th August 2016

Tanzania to connect 1 mln households to power for $3 bln over 5 yrs

Tanzania plans to spend 7 trillion shillings ($3.21 billion) over the next five years to connect about 1 million rural households to electricity, a senior government official said on Monday.   East Africa's second-biggest economy wants to use some of its natural gas reserves to end power shortages and boost industrial growth.   "The five-year rural electrification project whose implementation starts in this 2016/17 government.... Read more »

Posted on : Tuesday , 9th August 2016

East Africa: Brazil Keen On Links With East Africa

Arusha — Brazil, an economic giant of South America, is keen to promote stronger economic ties with East Africa, its ambassador to Tanzania Carlos Alfonso iglesias Puente revealed here on Tuesday.   "The Brazilian business community already has a significant presence in Tanzania and Kenya, especially in construction, energy and solid waste management sectors," he said during his visit to the East African Community (EAC).... Read more »

Posted on : Tuesday , 9th August 2016



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