Market News

The Ethiopian Petroleum and Energy Authority plans to build charging stations for electric vehicles every 50 to 120 kilometers across the country. The goal of this program is to facilitate long-distance travel and encourage the increasing use of EVs. According to Bahru Oljra, Executive Director . . .

Ethiopia intends to export 100 megawatts of electricity to Tanzania via Kenya as part of an expanding push to trade electricity across international borders. Following agreements that make it easier to transmit power across the three countries, Ethiopian Electric Power (EEP) announced the action.&nb . . .

Kenya's Nuclear Power and Energy Agency (NuPEA) officials stated that the nation is on schedule to begin building its first nuclear power station by 2027. The facility will start producing electricity by 2034, the organization stated during a parliamentary hearing this month. As more African na . . .

The East African energy connection landscape is being redefined by the 2023 official opening of the electrical highway between Ethiopia and Kenya, which took over a decade to plan and build. The distance between Wolayta-Sodo in Ethiopia and Suswa in Kenya is 1,045 kilometers. Ethiopian hydroelectric . . .

Kenya Electricity Transmission Co. stated that it is still in discussions with Adani Energy Solutions Ltd. for the building of three power lines, considering a statement made by a presidential adviser stating that contracts worth up to $1.3 billion had already been given to two companies, including . . .