Market News

  • The Ethiopian Government plans to Export Electricity to Tanzania via Kenya

    Posted on :Thursday , 5th December 2024

    Ethiopia intends to export 100 megawatts of electricity to Tanzania via Kenya as part of an expanding push to trade electricity across international borders. Following agreements that make it easier to transmit power across the three countries, Ethiopian Electric Power (EEP) announced the action.

     

    Moges Mekonnen, Director of EEP Communications, said that ongoing negotiations c. . .

  • Kenyan Government Advances Plans to Build the Country's First Nuclear Power Plant

    Posted on :Wednesday , 4th December 2024

    Kenya's Nuclear Power and Energy Agency (NuPEA) officials stated that the nation is on schedule to begin building its first nuclear power station by 2027. The facility will start producing electricity by 2034, the organization stated during a parliamentary hearing this month.

     

    As more African nations explore constructing nuclear power plants to provide electricity in response . . .

  • Connectivity in Ethiopia and Kenya is being shaped by the Ethiopia-Kenya Electricity Highway

    Posted on :Monday , 4th November 2024

    The East African energy connection landscape is being redefined by the 2023 official opening of the electrical highway between Ethiopia and Kenya, which took over a decade to plan and build. The distance between Wolayta-Sodo in Ethiopia and Suswa in Kenya is 1,045 kilometers. Ethiopian hydroelectricity and Kenyan geothermal and wind power can be combined by both nations.

     

    Cent. . .

  • Transmission Deals with Adani Energy in Kenya Is Still In the Works

    Posted on :Monday , 23rd September 2024

    Kenya Electricity Transmission Co. stated that it is still in discussions with Adani Energy Solutions Ltd. for the building of three power lines, considering a statement made by a presidential adviser stating that contracts worth up to $1.3 billion had already been given to two companies, including the Indian company.

     

    As per Ketraco, the agency, Adani showed interest in build. . .

  • A Historic Nuclear Deal has been signed between Kenya and the United States

    Posted on :Thursday , 26th September 2024

    A memorandum of understanding (MoU) has been inked by Kenya and the US in regards to the safe and secure deployment of nuclear technology. Sealing the deal took place in Vienna, Austria, during the 2024 International Atomic Energy Agency (IAEA) General Conference.

     

    Musalia Mudavadi, the Prime Cabinet Secretary, spoke at the conference's general session the day before the histo. . .

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