Market News

 Chase Bank and the French Development Agency have signed a US$ 10.8m loan to finance renewable energy projects in Kenya. Chase Bank Chief Executive Paul Njaga confirmed the reports and said that the money will be lent to businesses that want to invest in renewable energy technologies projects . . .

A US$ 36m powerline in Burundi that was constructed to link the capital Bujumbura, from the Ruzizi II hydroelectric dam in Kamanyola at the Democratic Republic of Congo has been launched by Burundi’s Deputy President Dr. Joseph Butore. The Powerline in Burundi will help the country export s . . .

The Tanzanian and Kenyan Governments have recently announced that construction works have started on the Kenya-Tanzania Power Interconnection project that aims at connecting the Eastern Africa Electricity Highway between Kenya and Ethiopia, with the Eastern Africa Power Pool compounded by countries . . .

 First Coal power plant in Egypt will be constructed at a cost of US$3b a move that will boost the country’s  power sector. The move comes after the country signed a power plant construction deal with Siemens and scatec.   According to officials in the Ministry of Electricity . . .

  First Coal power plant in Egypt will be constructed at a cost of US$3b a move that will boost the country’s  power sector. The move comes after the country signed a power plant construction deal with Siemens and scatec. According to officials in the Ministry of Electricity and . . .