Market News

 President Barrack Obama has signed into law the Power Africa deal a move aimed at expanding electricity to millions of households in sub-Saharan Africa. This measure has been widely supported as it is a game-changer in saving lives and accelerating growth on the continent.   The Electri . . .

 About 13,223.67MW of power will be generated by the Nigerian manufacturers. This is according to Deutsche Zusammenarbeit (GZ) and the Nigerian Energy Support Programme.   According to the survey report titled Survey of Power Demand and Energy Consumption in the Industrial Sector in Nige . . .

 The Gezhouba Group Corporation (CGGC), a Chinese base company specializing in the construction of hydroelectric power stations plans to construct two  hydroelectric power stations in Gabon.   Besides constructing 3 Gorges Dam in China, the power company is renowned corporation for . . .

East Africa wants to become a leading electricity exporter in Africa after reaching initial agreements with several neighbouring countries writes JOHN SAMBO.   Gosaye Mengistie Abayneh, the CEO of Ethiopian Electric Utility (EEU) said recently, "Our vision is to interconnect the entire networ . . .

 One of the leading Lebanese energy companies Phoenix Energy is now set to construct one of the largest solar power plant in Egypt after clinching a contract for the same.   According to the officials from the Lebanese firm, the project will be constructed near Luxor and Aswan region in . . .