Market News

Projects in Tanzania, Rwanda, and Zambia that assist power generation, transmission, and clean energy access have received funding approval from the African Development Bank (AfDB). Installing high- and medium-voltage undersea power lines to link the Mafia Islands and Zanzibar to the national g . . .

According to recent estimates from the Energy and Petroleum Regulatory Authority (EPRA), the Kenya Electricity Generating Company PLC (KenGen) supplied more than 57% of Kenya's daily electricity generation to fulfil the country's soaring demand for power.   In a statement, KenGen stated th . . .

The government plans to proceed with the implementation of 27 energy-related priority projects, which are at various stages of development, under the 2025–2026 National Development Plan. By connecting 26 regions to the national grid, expanding the system to 9,351 km, lowering electricity loss . . .

A government minister stated that Kenya intends to construct its first nuclear power plant by 2034 as the nation gets ready to host a nuclear energy summit between the United States and Africa. According to safety and environmental issues, the facility, which is planned to be built on the India . . .

Ethiopia's planned electricity exports to Tanzania, which will likely start next month, have the potential to revolutionize the energy industry. On August 23, 2024, Engineer Ashebir Balcha, CEO of Ethiopian Electric Power, made a widely described announcement stating that the first power transmissio . . .