African Development Bank Commits $25 Billion to Strengthen the Renewable Energies Sector

Posted on :Friday , 26th April 2019

Renewable energy, especially solar energy, is the key to driving Africa's economic development and combating climate change, said the African Development Bank (AfDB) president, while providing $ 25 billion in a new climate funding between 2020 and 2025.

AfDB said the funds would be used to boost investment in renewable energy projects . . .

East Africa's Power Output poised to reach 7,480MW by 2022

Posted on :Wednesday , 3rd April 2019

 By 2022, the East African Community (EAC) will have a combined generation of 7,480 MW of electricity. This is set to be accomplished through a $ 2.5 billion funding from the African Development Bank (AfDB)  for infrastructure projects in the region. According to multiple sources, th. . .

Electrified Africa, burgeoning market

Posted on :Wednesday , 3rd April 2019

As power rolls out across continent, ranks of appliance consumers swell rapidly.

With a population of more than a billion and increasing access to power, sub-Saharan Africa could present a massive market for electrical products and services – sectors that are among Hong Kong’s fortes.

In its 2017 World Economic Outlook, the International Energy Agency (. . .

EAST AFRICA THE FINEST INVESTMENT DESTINATION IN 2019

Posted on :Thursday , 7th March 2019

Rand Merchant Bank (RMB) report has predicted that Kenya, Rwanda, Ethiopia and Tanzania will be among Africa’s most attractive investment destinations in 2019. 

KenGen - East Africa's Best Sustainable Power Producer

Posted on :Thursday , 28th February 2019

Kenya Electricity Generating Company PLC ( KenGen) has apeared East Africa’s leading Sustainable Power Producer in the 2018 Capital Finance International Awards (CFI.co Awards).