Market News

 One million homes in Kenya and Uganda will gain access to electricity, thanks to a number of investors’ raisings Sh 8 billion in collaboration with the UK government to finance a new solar project.    Kenya based solar kit reseller, M-KOPA Solar announced that the initial pay . . .

 There has been an increased demand for solar water heating systems after the announcement of the November 30th deadline for the installations of these systems, according to sources from within the industry.   The announcement was in accordance with the Energy Regulations of 2012, where . . .

 The Kenyan Government has asked Spain to nominate a new contractor to undertake the completion of the Lake Turkana Wind transmission project, which has been stalling ever since the termination of the previous contractor due to their struggle with debt.   Secretary of Energy, Charles Ket . . .

 The African Development Bank (AfDB) is considering to fund the construction of Kenya’s first coal-fired power plant.   Speaking to Xinhua in Nairobi on Monday, AfDB Director-General of the East Africa Regional office, Gabriel Negatu, said the multilateral development finance insti . . .

 The Kenya Electricity Generating Company was established in 1954 and listed at the Nairobi Securities Exchange in 2006.   In 2006, The Securities Exchange was located in Nation House and I recall the euphoria and the excitement around that listing.   It was a momentous moment in . . .