Market News

Small and medium enterprises (SMEs) that are interested in investing in renewable energy technologies will now receive soft loans from the French Development Agency through Diamond Trust bank (DTB).   Agence Francaise de Development (AFD) and DTB have signed a credit agreement worth Shs 33bn . . .

Dar es Salaam — Tanzania's newly launched renewable energy initiative has received a Sh1.7 trillion boost in pledges from foreign donors.   Energy minister, Prof Sospeter Muhongo, said at the launch of the initiative yesterday that such pledges from foreign sources complement the govern . . .

The energy sector got yet another boost yesterday as the country launched its action agenda and investment prospectus for Sustainable Energy for All (SE4ALL) initiative by 2030.   The inauguration of the document means that Tanzania has now shown more commitment to the global initiative, SE4A . . .

Dar es Salaam — Tanzanians should expect tremendous improvement in the water and energy sectors as a number of Australian investors have expressed their intension to venture into the two areas, a senior Australian official has pledged.   The country's vice minister of Federal Ministry o . . .

The upcoming East African Power Industry Convention (EAPIC) in Nairobi, Kenya will focus on how the region can harness the opportunities presented by geothermal power to enhance access to energy, especially among rural communities.   "There is no one-size-fits-all approach to developing geoth . . .