M a r k e t N e w s

Rwanda to import power from Kenya, Ethiopia and host global energy summit

Posted on : Saturday, 24th September 2016

 Efforts to increase power supply in Rwanda will see the country import 30 megawatts from Kenya, expected by end of 2016, and 400 megawatts from Ethiopia by 2018.

The East African country is also looking to lure more investors during the forthcoming 3rd annual energy summit due to take place later this year in Kigali.
According to Jean Bosco Mugiraneza, the chief Executive Officer, Rwanda Energy Group (REG), the 3rd edition of the iPAD Rwanda Energy Infrastructure forum will be aiming at selling the country’s energy potential to world investors.
“The 2-day forum provides market entry for international as well as local investors, financiers, project developers, advisors, technology and solution providers to join together in dynamic interactive discussions to develop the sector efficiently and effectively, setting clear strategies and public private partnerships for success,” Mugiraneza said adding that the networking business opportunities cannot be underestimated.
The summit to be held in November, is expected to attract more than 500 energy experts, investors and policy makers to deliberate on strategies to increase energy generation, distribution and supply in the most efficient and effective ways. The actual date is yet to be confirmed.

Source : exchange.co.tz
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