Market News

 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 . . .

 BLESSED with the potential to generate over 4,000 megawatts of electricity from geothermal sources, the government has formed a company to steer the country into effectively and beneficially tapping it.   Operating as a subsidiary of Tanzania Electric Supply Company (Tanesco), the Tanza . . .

 A new online platform is being launched in a bid to link developers of small-scale African energy projects directly with investors and technical advisers with the aim of accelerating the deployment of such projectsacross the continent.   Known as GENHUB-Africa, the initiative has receiv . . .