Market News

  PRESIDENT Jakaya Kikwete kicked off his seven-day official tour of Morogoro Region on Wednesday by laying the foundation stone for the construction of the much-hyped 56bn/- Kilombero Bridge project as well as launching a mega rural electric power distribution project.   The bridge will . . .

Rwanda is seeking to use the forthcoming iPAD Rwanda Power and Infrastructure Investment Forum to woo investors for its energy and infrastructure sectors.   Amb. James Kimonyo, the Director for Cabinet in the Office of the Prime Minister, said the summit will provide an investment platform fo . . .

 The business community in the region has thrown its weight behind efforts aimed at promoting and developing the renewable energy sub-sector.   Fiona Uwera, the East African Business Council (EABC) technical liaison officer for Rwanda, said it is essential for the region to invest in ren . . .

The Global Environment Facility - United Nations Development Programme (GEF-UNDP) said it would spend N21 million on the provision of sustainable energy-related projects in selected communities in Nasarawa State.   The National Coordinator of GEF-UNDP, Mr Etiosa Uyigue, said this at Karu, Na . . .

 The World Bank Group has committed 5 billion dollars in new technical and financial support for energy projects in six African countries; Kenya, Ethiopia, Ghana, Liberia, Nigeria and Tanzania.  Some of these have vast amounts of untapped geothermal resources that could greatly benefit fr . . .