Market News

The power grids of East and Southern African countries will be linked in the next two to three years after concluding with various high voltage lines, making the way for regional trade, said senior Kenyan energy official. Power shortfall and disruption are frequent across both regions and busines . . .

 Kenya is eager to collaborate with Botswana in exploration and production of more green energy to witness the increasing demand for electricity, said an energy official.   The Kenya Electricity Generating Company (KenGen), CEO, Rebecca Miano, said that the power producer was prepared an . . .

Kenya progresses to make giant strides in its adherence to renewable energy. It has disclosed Africa’s biggest wind power project in a gusty and rocky desert stretch located 600 kilometers (372 miles) north of the capital Nairobi. The Lake Turkana Wind Power farm includes 365 turbines with a c . . .

Trade and Development Bank (TDB), a bank located in Bujumbura, Burundi, aims to invest in renewable energy projects in East Africa. The bank already has a focus on geothermal energy in countries such as Kenya and Ethiopia. Several self-reliant power producers (IPPs) are currently in discussions wit . . .

KOKO, a Venture-backed technology company Networks has launched its first network of 700 ‘KOKOpoints’ inside neighbourhood shops across Nairobi The urban cooking fuel market is estimated more than US$20bn in Africa and remains dominated by dirty cooking fuels such as charcoal, which is . . .