KPMG has said in its Infrastructure 100 World Markets Report released recently that the $20 billion Trans-Saharan Natural Gas project would help Europe diversify supply by transporting natural gas from Nigeria, through Niger to Algeria and then northwards to Spain and Europe, The Guardian reports.
Posted on : Friday , 19th December 2014
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Posted on : Friday , 19th December 2014
Kenya may soon be home to the largest wind project on the continent of Africa.
Danish wind company Vestas won a contract to provide 365 turbines for a 310 megawatt wind power project in Kenya. The Lake Turkana Wind Power project will be the largest of its kind in Africa, and is expected to generate 15-20 percent of Kenya’s electricity needs when completed. According to project developers, the site is a unique location that is favorable for wind. It is situated at high .... Read more »
Posted on : Friday , 19th December 2014
The governments of Zambia, Kenya and Tanzania have signed an MoU for US$1.2bn to for a power interconnector project between the three countries.
The upcoming project would link the Eastern African Power Pool with the Southern African Power Pool.
Posted on : Friday , 19th December 2014
Kenya Power will Tuesday begin the search for suppliers of street lighting material, bringing a Sh10 billion project to light up Nairobi closer to reality.
The electricity distributor plans to install 54,029 street lights in several parts of the city. It has already received the first tranche of Sh381.2 million from the Treasury to kickstart the project.
Posted on : Friday , 19th December 2014
Ormat Technologies Inc. (ORA), a U.S. developer of geothermal energy, signed a 25-year agreement to supply Kenya Power & Lighting Co. with electricity from a 35-megawatt project.
Ormat’s majority-owned Kenya unit will build and operate the Menengai power plant, according to a statement today from the Reno, Nevada-based company. Construction is expected to begin after financing is completed, and terms of the power sale weren’t disclosed.
Posted on : Friday , 19th December 2014
The African Development Bank (AfDB) will lend the Kenya Government Sh12.2 billion to help pay for more than 300,000 new electricity connections. This follows the signing of a loan agreement Thursday by Treasury secretary Henry Rotich and AfDB Regional Director Gabriel Negatu to finance the implementation of the ‘Last Mile Electricity Connectivity’ project.
President Uhuru Kenyatta and Deputy President William Ruto witnessed the signing at State House, Nairobi. En.... Read more »
Posted on : Friday , 19th December 2014
Stainless steel metal and inert gas (MIG) welding wire, locally produced by stainless steel bar and wire producer Wire Products Stainless Steel (WPSS) since 2010, was tested by the Italian Welding Institute, in Genova, in the past two months and found to be similar to products of European quality and standard, WPSS director Clinton Lautenberg tells Engineering News.
Posted on : Friday , 19th December 2014
A Kenyan county on Monday called on Chinese investors to exploit opportunities that exist in infrastructure, agro-processing and tourism.
Read more »
Posted on : Friday , 19th December 2014
Eight more companies have signed agreements with government committing to increase production and scale up exports.
Read more »
Posted on : Friday , 19th December 2014
Investors targeting Africa are looking east as an oil-market rout depresses economic growth prospects in Nigeria and other crude-producing nations.
Read more »
Posted on : Friday , 19th December 2014
China Development Bank (CDB) has extended a $2 billion line of credit to state-owned Sonangol EP to support expansion projects in Angola’s oil and gas sector.
Posted on : Thursday , 18th December 2014
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