Market News

The Julius Nyerere Hydroelectric Power Project (JNHPP) now produces 705 megawatts of power altogether thanks to the addition of three more hydro turbine generators that Egypt's Elsewedy Electric and The Arab Contractors jointly connected to Tanzania's national power grid. The achievement, which . . .

Rift Valley Energy is receiving $15 million in investment from British International Investment (BII), the financial branch of British diplomacy (RVE). The company, owned by Meridiam, constructs and manages wind farms to supply nearby electrical systems. The French investment company Meridiam, . . .

MOROGORO: Tanzania Electric Supply Company (TANESCO) and Rural Energy Agency (REA) have been instructed by Dr. Doto Biteko, the Minister for Energy and Deputy Prime Minister, to operate effectively and professionally in order to guarantee a dependable supply of energy to the general population. &nbs . . .

To discuss bilateral cooperation in the energy, mining, oil, and gas sectors, a delegation from the ministry of energy is in Tanzania. The delegation was led by energy minister Ruth Nankabirwa, He stated That "We are in Dar es Salaam, Tanzania, and we met the Deputy Prime Minister and Minister . . .

Vincent Biruta, Rwanda's minister of foreign affairs and international cooperation, and January Makamba, Tanzania's minister, pledged to strengthen bilateral relations between their two nations in a number of areas, such as infrastructure, trade, and energy.   During his four-day working v . . .