Market News

Power generation in Uganda will nearly double in the next three years, Benon Mutambi, chief executive officer of the state-run Electricity Regulatory Authority (ERA) has announced. The move comes following reforms by Uganda that has boosted investment by independent power producers and developmen . . .

 Egypt says it will add 3 GW of power to national grid in the coming year in a bid to reduce power deficit facing the country Power.   This comes barely after the country’s business community called for quick response to the current unending power shortages that have hampered heavy . . .

 A 200MW wind farm in Egypt’s Gulf of El-Zayt, touted to be the largest in Africa, has been inaugurated wind CGPGrey flickrHundred turbines, each with a capacity of 20MW, have been installed in the wind farm.  The wind farm cost US$359mn and has been financed by the European Union . . .

 The Cape Town V&A Waterfront’s Silo District is recognised as one of the most advanced and environmentally-friendly developments, not just in South Africa but throughout the continent Evergreen chillerThe AquaEdge 23XRV chiller.  The Silo District project is due for completion in . . .

 Orange and Engie have signed two deals to expand the electricity grid as well as optimise the power supply for the telecom infrastructure in Africa  orangeengiepower nayukim flickrSmall scale electricity networks will be set up across Africa, said officials from Engie.  For the sup . . .