Market News

 A spate of recent agreements is expected to raise access to electricity to 75% of the population by 2035 as part of the government’s Power System Master Plan. According to official estimates, about 40% of the country’s 47m people had access to electricity in 2016.   To achie . . .

 The report, released earlier this week by the National Bureau of Statistics and the Rural Energy Agency shows that grid electricity is the second largest source of power in rural areas with 34.5% of households connected, while solar is leading by nearly 65%.   "The results show that sol . . .

 The African Development Bank (AfDB) has announced plans to invest $870,000 in Tanzania's Rural Energy Agency (REA) through its Sustainable Energy Fund for Africa (SEFA) trust fund.   ITWEB Africa reports that the money will be used to structure the Renewable Energy Investment Facility ( . . .

Tanzania has abundant energy resources such as hydro, natural gas, coal, uranium, wind, geothermal, biomass, solar, tidal and waves and the demand is equally high. So this demand is attracting suppliers to tap this market and expand to an ever so growing market, with the help of the 03rd Power and E . . .

Dar es Salaam — A total of 3,753, 615 households in Mainland Tanzania are electrified with any form of electricity out of 11,454,818 households, a new study indicates.   This is equivalent to 32.8 per cent of all households of Mainland Tanzania and is an increase from 18 per cent of all . . .