Market News
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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.
East Africa being a fulfilling region in last few years has recorded more than an average growth in the number of Foreign Direct Investment (FDI).Ethiopia being Africa’s fastest. . .
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).
KenGen, Kenya’s largest power producer accounting for 69% of the country’s power, was given the award for its continued, and deliberate focus on renewable energy – which account. . .Construction of Kenya-Tanzania Power Interconnection Project Gears Up to Connect Southern Africa Power Pool
Posted on :Tuesday , 19th February 2019
The Kenya-Tanzania Power Interconnection Project has been divided into several lots, with contractors on the Tanzanian side executing to set up a 510km 400kv transmission line and following substations in order to meet the 2020 completion deadline.
The project is being achieved by the Tanzania Electric Supply Company (Tanesco) through a $258.82 million loan from the African De. . .TANESCO Power Project Extends Power Supply Across Africa
Posted on :Wednesday , 30th January 2019
In order to exchange electricity effectively the state-owned power utility firm is currently undertaking the Kenya-Tanzania Power Interconnection Project (KTPIP).
The project includes building of a 400kV transmission line from Singida to Isinya in Kenya through Babati, Arusha and Namanga.
Kenya’s extension of transmission line to Ethiopia and while Tanzania e. . .Obama fund grants Kenyan green energy Sh650 million to boost electrification
Posted on :Monday , 14th January 2019
Former US President Barack Obama’s Power Africa initiative has showered Kenyan green energy projects with grants totalling Sh650 million in efforts to accelerate electrification.
Mr Obama still launched Power Africa as a policy tool to unravel and activate investments in the continent’s energy space as a way of driving out energy scarcity.
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