Market News
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UK firms eye Sh64bn deals in green energy
Posted on :Friday , 7th October 2016
British investors are targeting projects worth about £500 million (Sh64.47 billion) in renewable energy sector, UK prime minister's trade envoy to Kenya and Tanzania Clive Hollick has said.
The projects are mainly in solar, wind and biomass power, areas where the country has underperformed.The investors include Nova Energy. . .Cape Town’s Investec invests big in solar power for Africa
Posted on :Thursday , 6th October 2016
Pan-African development website ElicitAfrica.com reports Investec made the acquisition through its African private equity capability. The move will see the asset management service partner with Mobisol, a well-established solar power provider to low income households in Tanzania and Rwanda. The company is currently also entering the Kenyan market.
ElicitAfrica.com quotes Mobisol. . .SolarCity Engineers Install 200 Solar Panels & 7 Tesla Powerwalls In Congo’s Virunga National Park
Posted on :Tuesday , 13th September 2016
Virunga National Park is located in the Democratic Republic of Congo (DRC) near borders with Uganda and Rwanda. It was established as the first national park in Africa in 1925. Now a UNESCO world site, it is the most biologically diverse protected area on the continent and is home to the world’s last remaining mountain gorillas. The park was a top tourist destination until the Congo. . .
BBOXX raises $20m funding to boost African off-grid solar presence
Posted on :Wednesday , 31st August 2016
BBOXX Ltd, a London-based provider of off-grid solar systems active in many parts of Africa, has secured $20 million in Series C funding from a consortium of international backers and investors.Founded in 2010, BBOXX has been active in many parts of sub-Saharan Africa, bringing its distributed solar energy platform to large swathes of off-grid areas in Kenya and Rwanda. Having enjoyed suc. . .
Tanzania: Solar Energy Shop Opens in Arusha
Posted on :Monday , 29th August 2016
solutions has opened its first retail shop here last week under a new consumer brand name whereby it will now be known as Zola.
Zola is an adaptation to the Swahili word "sola" (solar) and will serve as the brand of the company's operations in Rwanda and Tanzania and evolve into a pan African brand as Off-Grid Electric expands across the continent. O. . .Please Select an Option
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