N e w s

Energy and Infrastructure Take 42 Per Cent of Kenya External Loan

The bulk of donor funding to Kenya goes to energy and infrastructure projects, a latest National Treasury debt report released in Nairobi showed Wednesday. The report says energy and infrastructure sector takes 42 percent of the cash Kenya gets from its bilateral and multilateral lenders, with the external debt currently standing at 14.7 billion U.S. dollars. Kenya is undertaking dozens of projects in the energy and transport.... Read more »

Posted on : Monday , 7th December 2015

Africa’s largest wind farm inaugurated

 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 (EU), Germany’s KfW and the European Investment Bank (EIB). With a 100 turbines, the wind farm generate up to 800MW per year, which could aid.... Read more »

Posted on : Monday , 7th December 2015

Harnessing ocean power to provide heat and air conditioning

 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 2017, once an additional four silo developments are fully-operational. A division of United Technologies Corp, heating and air-conditioning.... Read more »

Posted on : Monday , 7th December 2015

Orange and Engie to boost telecom network through optimised power grid in Africa

 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 supply of power, solar kits and small scale electricity networks will be set up. The service would be billed to customers through mobile networks,.... Read more »

Posted on : Monday , 7th December 2015

Simba Completes Definitive Agreement for Block 2A, Kenya

Simba Energy Inc. (the “Company” or “Simba”) (TSX Venture: SMB) (Frankfurt: GDA) (CQX: SMBZF) is pleased to announce it has executed a definitive farmout agreement (“Definitive Agreement”) with Essel Group Middle East DMCC (“Essel Group Middle East”) on Block 2A in Kenya wherein Essel Group Middle East will earn a 60%participating interest in Block 2A by funding 100% of exploration expenses until.... Read more »

Posted on : Saturday , 5th December 2015

Tanzania: Huge Business Opportunities Await SMEs in Gas, Oil Sector

Aberdeen City Council Director, Gordon McIntosh, sharing the Scottish City experience in the industry, said the government ought to help the small businesses to identify the available opportunities as well as issue financial support in the form of grants and loans. He said Mtwara was a potential East and Central Africa’s gas and oil hub, challenging the government however to work closely with the private sector to realise the dream..... Read more »

Posted on : Saturday , 5th December 2015

Petra and Ekapa Acquire De Beers Oldest Diamond Mine

According to Reuters, Petra Diamonds Ltd and South African’s Ekapa Minerals would buy De Beers’ Kimberley mines for 102 million rand ($7.1 million). In last May, De Beers announced that it put the mining operations in Kimberley on sale. Kimberley mines is located in the Northern Cape Province of South Africa. In 1871, a discovery of 83.5 carat diamond near a farm belong to De Beers family started a new rush. Huge wave of people.... Read more »

Posted on : Saturday , 5th December 2015

Tanzania: Wind Power to Give Singida City Status

Dar es Salaam — The envisaged Singida Wind Power project will roll the region's economic fortunes and turn the municipality into a city during the next few years, the project developers said yesterday.   Singida Region is home to 1.37 million people, according to the 2012 Population Census, with the Singida Municipality alone having 150,000 people.   Apart from population - which is mostly more than 300,000 for the.... Read more »

Posted on : Saturday , 5th December 2015

Kenya: Energy Stakeholders Convene in Nairobi for UN Backed Forum

Government representatives and the private sector from across East Africa are meeting in Nairobi for a conference on sustainable energy (SE4All forum) backed by the United Nations.   The forum seeks to identify areas of potential collaboration by way of joint investments to implement national plans aimed at enhancing access to modern energy services.   The meeting will also pursue ways of doubling contribution of renewable energy.... Read more »

Posted on : Saturday , 5th December 2015

Rwanda: Fresh From Israeli, Agric Experts Commit to Modern Farming

After a one year agriculture training course in Israel, a team of 17 agriculture technicians is looking to improve the country's agricultural output by introducing modern technologies.   The team has formed the 'Rwanda Agriculture Promoters Organisation (RAPO)', a non-profit organisation that aims to help farmers find solutions to the various challenges that they face in order to improve their yields.   During the visit of Impuhwe.... Read more »

Posted on : Saturday , 5th December 2015

GVL Imports U.S.$30 Million Palm Oil Mill Equipment

The newly appointed administration of the National Port Authority (NPA) has said that a shipment of mill equipment valued at US$30 million has arrived at the Samuel A. Russ Port in Greenville, Sinoe County.   The multi-million dollar consignment of equipment, according to NPA, was shipped to Liberia by Golden Veroleum Liberia Limited (GVL) in anticipation of the construction of a Palm Oil processing plant in the southeastern.... Read more »

Posted on : Saturday , 5th December 2015

New Partnership to Strengthen the Private Seed and Agricultural inputs Sector in Senegal, with Thousands of Farmers to Benefit

Action for Enterprise (AFE), the Argidius Foundation and the Alliance for a Green Revolution in Africa (AGRA), have partnered for a new initiative to make it easier for Senegal’s smallholder farmers to access quality seed, complementary inputs and agricultural advice.   Through the partnership, AGRA and AFE will work directly with local seed companies and agribusinesses to develop, refine and test business strategies to help expand.... Read more »

Posted on : Saturday , 5th December 2015

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