N e w s

Construction of Akiira geothermal plant in Kenya boosts Kenya Power

  The construction of Akiira Geothermal plant in Kenya has boosted power supply in Kenya after the firm signed a 70MW power deal with Kenya Power that will boost the chances of attaining the 5,000MW goal set by the Kenyan Government.   The 70megawatt power purchase agreement (PPA) between the two companies will last for 25 years and will see Kenya Power buy electricity from Akiira at Sh9.3 per unit (9.23 US cents), which is about.... Read more »

Posted on : Thursday , 20th August 2015

Construction of first cancer hospital in Kenya begins

The construction of first cancer hospital in Kenya is set to begin following a groundbreaking ceremony by the first lady, Mrs. Margaret Kenyatta. The hospital is a partnership between local entrepreneurs and General Electric Company.   The construction of the state-of-the-art treatment centre at Ridgeways in Kiambu County will cost US$ 20m and will cater for close to 10,000 cancer patients.   Dabbed Tesla Cancer Hospital, the.... Read more »

Posted on : Wednesday , 19th August 2015

Muzizi hydro-power to be constructed in Uganda

 The Ugandan and two companies from Germany and France has signed a US$ 76m agreement that will see the construction of the Muzizi hydro-power project come to birth and help in providing power to more than 60,000 homes.   Germany Development Bank (KfW) and the French Development Agency are the two other companies that are financing the construction of Muzizi hydro-power project. Under the mutual reliance initiative, KfW will.... Read more »

Posted on : Wednesday , 19th August 2015

Construction of nuclear plant in Ghana to wait for presidential nod

 The construction of a nuclear plant in Ghana depends on the Ghana Nuclear Regulatory Bill that is awaiting presidential assent.   The Bill when fully operational will establish the Ghana Nuclear Regulatory Authority with clear functions and responsibilities and to provide for the beneficial and peaceful uses of nuclear energy.   The Ghana Atomic Energy Commission (GAEC) did sign a Memorandum of Agreement with the State Atomic.... Read more »

Posted on : Wednesday , 19th August 2015

Construction of power projects in Tanzania set to start

 Construction of power projects in Tanzania is set to begin after 4 companies in the country were announced beneficiaries of US president Barrack Obama’s Power Africa initiative. The companies will eventually help in the expansion of renewable energy solution which targets rural areas.   The grants to construct the power projects in Tanzania which have been awarded by General Electric Africa in conjunction with the US African.... Read more »

Posted on : Wednesday , 19th August 2015

Wind power plant in Kenya to be constructed

 Construction of a US$44M wind power plant in Kenya is set to begin in Meru county. The project is spearheaded by Maralal Energy Limited.   Maralal Energy which is a privately-owned Kenyan firm disclosed that the money will be used to construct the wind farm whose electricity will be included in the national grid.   Kenya Electricity Generating Company (KenGen) and Bluesea Energy are also currently undertaking projects that.... Read more »

Posted on : Wednesday , 19th August 2015

Africa agrees to raft of Chinese investment

 Equatorial Guinea has secured a wave of Chinese investment, following a trade forum in Dalian The Equatorial Guinea-Asia Economic Forum was hosted in the Northeastern Chinese city by representatives of the West African nation’s Ministry of Mines, Industry and Energy, with the aim of showcasing the country’s investment opportunities. The Equatorial Guinean government has since announced the signing a series of memoranda of.... Read more »

Posted on : Tuesday , 18th August 2015

Construction industry in East Africa opens $50m complexes

Constructions industry in Rwanda is on an upward trajectory after the country’s president Paul Kagame opened complexes worth $50m in the capital Kigali. The president challenged contractors to ensure they provide durable and quality structures.   Kagame congratulated local investors like Bertin Makuza whose 15-storey constructed building was inaugurated.  In his speech, Makuza said that construction of his building cost $42.... Read more »

Posted on : Tuesday , 18th August 2015

Wind power plant in Kenya to be constructed

 Construction of a US$44M wind power plant in Kenya is set to begin in Meru county. The project is spearheaded by Maralal Energy Limited.   Maralal Energy which is a privately-owned Kenyan firm disclosed that the money will be used to construct the wind farm whose electricity will be included in the national grid.   Kenya Electricity Generating Company (KenGen) and Bluesea Energy are also currently undertaking projects that.... Read more »

Posted on : Tuesday , 18th August 2015

Construction of power projects in Tanzania set to start

 Construction of power projects in Tanzania is set to begin after 4 companies in the country were announced beneficiaries of US president Barrack Obama’s Power Africa initiative. The companies will eventually help in the expansion of renewable energy solution which targets rural areas.   The grants to construct the power projects in Tanzania which have been awarded by General Electric Africa in conjunction with the US African.... Read more »

Posted on : Tuesday , 18th August 2015

Nigeria: NERC, SON Sign Agreement On Safe, Reliable Electricity Usage

Abuja — The Nigerian Electricity Regulatory Commission (NERC) has signed a fresh agreement with the Standards Organization of Nigeria (SON) to ensure strict adherence to safety and reliability standards in the generation, transmission, distribution and consumption of electricity in Nigeria. NERC and SON signed the Memorandum of Understanding (MoU) to ensure that electricity generation and usage in the country is done within the strict.... Read more »

Posted on : Tuesday , 18th August 2015

Turkey to construct 370MW power plant in Ghana

Turkey is set to construct 370MW power plant in Ghana after the country signed a 5years Power Purchasing Agreement (PPA) with Aksa Enerji, a Turkish based company. However, the power plant is expected to be up and running by end of June next year. According to Aksa Enerji, the constructed plant will not only provide power, but also increase the operational profitability significantly. Although the parliament of Ghana approved the.... Read more »

Posted on : Tuesday , 18th August 2015



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