Market News

The African Trade Insurance Agency (ATI) has urged the government to strengthen the existing partnership with ATI to bring in 1.2 billion US dollars (2.6tri/-) investments into the energy sector and an additional 1,200 Megawatts into the national grid.   ATI Chief Executive Officer Mr George . . .

The African Trade Insurance Agency (ATI) will tomorrow host an international conference on unlocking investments to maximise Tanzania's Energy Potential.   ATI's Chief Underwriting Officer Mr John Lentaigne said in a statement that, "Most international financiers and lenders simply cannot inv . . .

 Africa’s power suppliers can be profitable and still make electricity access affordable for consumers.   That’s according to the World Bank’s report, which looked at utilities’ financial statements and power tariffs in 39 African countries and spending data in 22 . . .

 Kenya recently signed a contract with the North China Power Engineering (NCPE) company for the construction of a 96km power line from Isinya in Kenya to the Namanga border with Tanzania. This is part of the Kenya-Tanzania interconnector project, which involves the construction of about 510km . . .

 Arusha — Over 40,000 households in 160 villages across the country would be connected with electricity by 2020 through mini-grids to be installed by PowerCorner Tanzania, a firm established in 2015 to provide energy access to the rural areas.   A total of $ 140,000 will be spent o . . .