N e w s

Ethiopia’s Gilgel Gibe 3 project could start power generation by June

A much-delayed $1.8 billion dam project under construction along Ethiopia’s Omo river could begin generating power by June and be fully operational by early 2016, an official said on Thursday. Gilgel Gibe 3 will nearly double the country’s energy output, helping to resolve chronic power outages and sustain a booming economy. Work started in 2008 and was due to be completed around three years later, but the project has faced funding.... Read more »

Posted on : Thursday , 8th January 2015

M-KOPA Solar named a Top100 Global clean technology company

Nairobi, Kenya – October 13th 2014: M-KOPA Solar has been recognized as a top 100 global clean technology company in the 2014 Global Cleantech 100 awards – which are presented to the most innovative and promising ideas by companies to solve tomorrow’s clean technology challenges. M-KOPA Solar is the Nairobi-based market leader in ‘pay-as-you-go’ energy services for off-grid homes. Since its commercial launch two.... Read more »

Posted on : Thursday , 8th January 2015

Solarcentury completes East Africa’s largest solar project

1MWp solar PV project bringing clean green energy to Kenyan tea farm Williamson Tea has unveiled East Africa’s largest solar project at its Changoi Tea Farm in Bomet County, Western Kenya. The solar system will cut Williamson Tea’s energy costs by around 30%, supplying clean solar electricity during the daytime to meet most of the tea processing factory’s energy demand. Williamson Tea’s system will reduce the need for.... Read more »

Posted on : Thursday , 8th January 2015

Largest Solar Power Plant in Africa Flips the Switch

With seven of the world’s fastest growing economies located in Africa, it should not be a surprise that the continent’s energy demands will only surge in the coming decade. Hence plenty of opportunities exist for clean energy companies as investors worldwide realize Africa, with all of its risks, is a booming market. To that end, California-based Solar Reserve, together with numerous partners, has completed and launched the Jasper PV.... Read more »

Posted on : Thursday , 8th January 2015

Solar Power Plant in Africa to Supply Europe

WASHINGTON - By 2018, a large solar power plant in the Tunisian part of the Sahara desert may start sending power to energy-hungry Western Europe. The company running the plant says once it is fully operational it will generate almost twice as much electricity as an average nuclear plant and supply two million homes in Europe. According to the European Commission’s Institute for Energy, just 0.3 percent of the Saharan Desert's intense.... Read more »

Posted on : Thursday , 8th January 2015

Electrifying Keyna: How One African Country is Approaching Renewable Energy Development

Kenya has taken some major steps to boost its renewable energy production recently, according to reports. However, confusion about projects and the government’s ambiguous energy policy is overshadowing excitement. Kenya’s renewable energy ambitions have attracted growing attention in recent months. There has been a strong uptick in interest in the country’s wind energy potential in particular. Last year, Kenya’s.... Read more »

Posted on : Thursday , 8th January 2015

Kenya: Korir Plans to Build 400m Tartan Track At Suwerwo

 CHERANGANY MP Wesley Korir is to build an eight-lane 400m tartan track at Suwerwo village in his Trans Nzoia County. The track will be built in collaboration withTranscend Talent and Sports Academy to incorporate sports and education for athletes. Korir announced the plans on Tuesday at his Biribiriet home village while celebrating the fifth year since the inception of the Kenya Kids Foundation and launch of the sports academy..... Read more »

Posted on : Thursday , 8th January 2015

Savannah Cement to build second milling plant in Kenya

Kenyan cement manufacturer Savannah Cement has confirmed plans to invest more than US$198.3mn in the installation of its second milling plant near Kitengela town in Kajiado County to meet the growing demand in the East African nation The high-efficiency milling plant would feature the advanced Roller Press Technology, which allows for eco-friendly, dust and related emissions-free cement production. Savannah Cement managing director Ronald.... Read more »

Posted on : Thursday , 8th January 2015

Organic Agriculture-Uganda's Future

Uganda must capitalise on its potential in organic agriculture; improve product quality and packaging to capture a larger share of the American export market. Meg Jaquay, the vice-president of the American Chamber of Commerce, Uganda, told New Vision in an interview recently that increasing use of non-organic crops, coupled with low quality agricultural products and poor packaging are partly responsible for the country’s.... Read more »

Posted on : Thursday , 8th January 2015

Agriculture is Africa's hope to unify its diversified economy

 VENTURES AFRICA – Falling crude oil prices have put several economies across Africa at risk. And has once again shown how critical the agricultural sector is to any economy, particularly that of Africa. Oil-dependent economies like Nigeria, Africa’s largest economy, are increasingly appreciating the importance of the agricultural sector; the West African country is transforming its Agric sector to ensure it becomes another.... Read more »

Posted on : Thursday , 8th January 2015

Africa:International investors find private equity investment effective

 Fundraising by Africa-focused private equity has rebounded after the global financial crisis, buoyed by support from the international development finance institutions. Now, the industry hopes to unlock billions of dollars held in African pension funds to dramatically increase the resources available for investment.   Some international investors have found private equity an effective way to gain exposure to Africa's fast-growing.... Read more »

Posted on : Thursday , 8th January 2015

A new era of investment in Africa

 A scale weighing China's outward direct investments across the globe currently tilts heavily toward Asia, at a whopping 70 percent of total volume by 2013, most of which was poured into Hong Kong. Africa, on the other hand, received less than 5 percent of China's total ODI, at $3.37 billion. But with massive infrastructure projects being planned throughout Africa, such as new railway networks in East Africa and regional air routes at the.... Read more »

Posted on : Thursday , 8th January 2015



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