Market News

  Tanzanian authorities said on Saturday that the country will sign a 400 megawatts power purchase agreement with Ethiopia in the coming weeks.   Felchesmi Mramba, Managing Director of state-owned Tanzania Electric Supply Company, said the official signing of the power pact will be prece . . .

 Tanzania's plans to increase electricity connections in rural areas have been boosted by a $470-million loan that the East African country has secured from a consortium of development partners. The country has made efforts to tackle abject poverty in rural Tanzania, where electricity access h . . .

 Iceland — Geothermal energy is not among the much known sources of energy in Tanzania.   However, the country is believed to be endowed with an abundant resource base that can generate electricity and furthermore utilise the spent geothermal fluid from power plant in social-econom . . .

The African Water Facility (AWF) has granted Tanzania €2 million for a pre-feasibility study of a multi-purpose dam, irrigation and hydro-power project on the Ruhuhu River.   The AWF is a multilateral fund that provides grants and technical assistance to governments, non-governmental org . . .

 On August 11th 2016, the International Finance Corporation (IFC), a member of the World Bank Group (WBG), announced the launch of a web portal designed to speed the development of mini grids in Tanzania. The portal, found at www.minigrids.go.tz, provides licensing, financing, regulatory, and . . .