Market News| Africa Business News | Afrotrade

Afrotrade - Foreign Products & Machinery Catalogue for African Buyers

N e w s

Tanzania:Tanzania to Concentrate on Development of Geothermal Energy

THE Vice-President Dr Mohamed Gharib Bilal earlier last week challenged geo-scientists in Tanzania to devise strategies to ensure effective exploitation of geo-thermal energy to help solve a rapidly expanding power crisis and speed up socio-economic development. The VP who was opening the Third Young Earth Scientists Congress in Dar es Salaam noted that the country was endowed with 4,000mw geo-thermal potential which is.... Read more »

Posted on : Monday , 25th August 2014

Alten to develop 40MW solar plant in Kenya

Alten Kenya Solarfarms is expected to set up a 40MW solar plant in Kesses, Uasin Gishu county Kenya. The solar plant will be located on a 371 acre piece of land in Kesses near Moi University, Eldoret. The project is expected to cost around US$10m for infrastructure development alone. The project is expected to be ready in 10 to 14 months once the power purchase agreement (PPA) has been signed between Alten Kenya Solarfarms and Kenya.... Read more »

Posted on : Monday , 25th August 2014

Tanzania: Sh56 Billion Bridge, Power Project Launched in Morogoro

PRESIDENT Jakaya Kikwete kicked off his seven-day official tour of Morogoro Region on Wednesday by laying the foundation stone for the construction of the much-hyped 56bn/- Kilombero Bridge project as well as launching a mega rural electric power distribution project. The bridge will help connect and ease transportation networks between Ulanga and Kilombero districts in the region. The project, which is being implemented by a.... Read more »

Posted on : Friday , 22nd August 2014

Rwanda: Govt Moves to Woo Energy and Infrastructure Investors

Rwanda is seeking to use the forthcoming iPAD Rwanda Power and Infrastructure Investment Forum to woo investors for its energy and infrastructure sectors. Amb. James Kimonyo, the Director for Cabinet in the Office of the Prime Minister, said the summit will provide an investment platform for Africa's next 'best' business opportunity that Rwanda should utilise fully. "The meeting will provide market entry for international.... Read more »

Posted on : Friday , 22nd August 2014

East Africa: EA Business Council Roots for Renewable Energy Devt

The business community in the region has thrown its weight behind efforts aimed at promoting and developing the renewable energy sub-sector. Fiona Uwera, the East African Business Council (EABC) technical liaison officer for Rwanda, said it is essential for the region to invest in renewable energy resources to reduce deficit. "The potential of biofuels in the region is huge... However, this and other renewable energy.... Read more »

Posted on : Thursday , 21st August 2014

Nigeria: UNDP to Spend N21 Million On Energy Projects in Nasarawa

The Global Environment Facility - United Nations Development Programme (GEF-UNDP) said it would spend N21 million on the provision of sustainable energy-related projects in selected communities in Nasarawa State. The National Coordinator of GEF-UNDP, Mr Etiosa Uyigue, said this at Karu, Nasarawa State in an interview with the News Agency of Nigeria (NAN). Uyigue told NAN that the project would be executed in collaboration with.... Read more »

Posted on : Thursday , 21st August 2014

World Bank to Invest in Energy Projects in 6 African countries

The World Bank Group has committed 5 billion dollars in new technical and financial support for energy projects in six African countries; Kenya, Ethiopia, Ghana, Liberia, Nigeria and Tanzania. Some of these have vast amounts of untapped geothermal resources that could greatly benefit from this funds. World Bank Group President, Dr. Jim Yong Kim, said the new financial commitment was urgently needed to generate more electricity for.... Read more »

Posted on : Thursday , 21st August 2014

Tanzania: New Geothermal Firm Established

BLESSED with the potential to generate over 4,000 megawatts of electricity from geothermal sources, the government has formed a company to steer the country into effectively and beneficially tapping it. Operating as a subsidiary of Tanzania Electric Supply Company (Tanesco), the Tanzania Geothermal Development Company started operations in July this year, according to the Energy and Minerals Minister, Professor Sospeter.... Read more »

Posted on : Thursday , 21st August 2014

African Web platform aims to close funding gap for energy projects

A new online platform is being launched in a bid to link developers of small-scale African energy projects directly with investors and technical advisers with the aim of accelerating the deployment of such projectsacross the continent. Known as GENHUB-Africa, the initiative has received the backing of the New Partnership for Africa's Development (Nepad) Planning and Coordinating Agency and is due to be formally launched by the end.... Read more »

Posted on : Thursday , 21st August 2014

Tanzania: Green Rock Energy Advances Graphite Due Diligence

GREEN Rock Energy's first phase of on-site exploration due diligence at Mahenge North Graphite Project in Tanzania is due to be finalised this week. A total of 570 metres of trenching was completed, consisting of 400 metres of new trenches across Epanko North lodes and 170 metres of cleaning and reviewing historic trenches on these lodes. Mapping and trenching indicates that graphite mineralisation within.... Read more »

Posted on : Wednesday , 20th August 2014

Investors have growing role in developing East Africa's Energy Infrastructure

Development finance institutions (DFIs) remain the big beasts in developing infrastructure and other major projects in much of Africa. The ‘blending’ of public and private finance has become a preoccupation for traditional donors looking to leverage their grants and loans to produce bigger funding flows to kick-start the continent’s infrastructure revolution, to catch up with sub-Saharan Africa (SSA)’s macroeconomic.... Read more »

Posted on : Wednesday , 20th August 2014

Over 400,000 linked to power grid

A total of 443,254 new customers were connected to the national electricity grid in the 2013/2014 financial year, the Energy ministry has told a parliamentary committee. At the same time, the Rural Electrification Authority plans to have 6,065 primary schools supplied with electricity by the end of this financial year. REA acting managing director Ng’ang’a Munyu told the committee that the plan was to have 5,000.... Read more »

Posted on : Wednesday , 20th August 2014

« previous 1 2...76 77 78 79 808182 83 84 next »

Featured Companies

Complete List

Advertisers in previous issue:

Home | About Afrotrade | Advertise With Us | Trade Events | Contact Us | Link to us | Terms | Follow us on :

Afrotrade International Marketing, Tel: +971-50-6285684
© 1998-2026 Afrotrade