Market News

 Kenya Power has been named the most innovative firm at the African Investor's CEO Institutional Investment Summit awards for its aggressive electricity project targeting humble households.   Kenya Power's World Bank-funded Global Partnership on Output-Based Aid project connects low-end . . .

 Several neighbouring countries of Ethiopia are showing choice of fulfilling their electric power demand by purchasing from the country. Recently, Tanzania has announced readiness to sign 400 MW power purchase deal with Ethiopia. The project brings nations towards a consensuses of utilizing the . . .

 Kenya Power has started work on a major project to boost the electricity supply network in and around Nairobi, backed by financing from the Export-Import (Exim) Bank of China.   Kenya Power chief executive officer and managing director Ben Chumo said in an interview with ESI Africa that . . .

 Kenya's market for decentralised renewables is the fastest-moving in Africa   Kenya’s market for decentralised renewables is the fastest-moving in Africa. Already 15 to 20 percent of Kenyan households use solar lighting, and the country is home to a pioneering green mini-grids pro . . .

 Electricity supply in Nairobi and environs will be more stable and reliable in a year upon completion of an underground cabling project, Kenya Power said yesterday.   The project will cost Sh13.2 billion, and will comprise 30.71 kilometres of 220/66 kiloVolts of underground transmission . . .