Market News

 Two Chinese firms and an Austrian engineering company are expected one week from now to sign a contract with Rusumo Power Company paving way for construction of the $340 million power generation facility starting early 2017.   The three firms have been selected to build the 80MW Rusumo . . .

 Elizabeth Julius worked sunrise to sunset to make ends meet as a seamstress. Supporting her husband and two kids in a village in Tanzania, Julius was forced to put down her needle and thread each day once darkness fell.   That all changed three years ago when she was introduced to Energ . . .

According to the Ministry of Energy and Minerals only 36% of the national population in Tanzania is connected to the grid. While this number is up from 10% in 2010 – access is largely limited to major towns. In rural areas only 11% of the population is connected to the grid. Given th . . .

  On the evening of Friday 27th January 2017, members of the business community in Tanzania gathered at the Hyatt Regency Hotel to celebrate the most accomplished businesses of 2016. The event was the Tanzania Leadership Awards (TLA), which honors successful businesses that range from cong . . .

Off Grid Electric, African startup is lighting up rural regions of Tanzania and Rwanda capitulating both commercial success and life-transforming outcome for the beneficiaries.   The company is supported by Elon Musk’s SolarCity, one of the major solar energy suppliers in the US, and He . . .