Market News Page No. 7| Africa Business News

A £3 Million Investment To Assist Africa's Production Of Perovskite Solar Modules

A £3 million ($3.7 million) funding has been given to a group of entrepreneurs and researchers to investigate the production of perovskite solar modules in South Africa, Kenya, Rwanda, and Nigeria. By encouraging domestic solar manufacturing in low- and middle-income nations, the REACH-PSM (Resilient Renewable Energy Access Through Community-Driven Holistic Development in Perovskite Solar Module Manufacturing) project seeks to advance.... Read more »

Posted on : Thursday , 30th January 2025

Kenyan Market Expansion For Neosun Energy

With system capacities ranging from 200kW to 10MW, the expansion aims to provide commercial and industrial (C&I) projects with affordable and sustainable energy solutions.According to Neosun, the country's energy sector "presents both challenges and opportunities," making its debut into Kenya especially appropriate. Even though green energy accounts for more than 80% of its power needs, severe energy shortages persist in many areas.Neosun.... Read more »

Posted on : Wednesday , 29th January 2025

Nationwide Electric Vehicle Charging Network to be Installed in Ethiopia

The Ethiopian Petroleum and Energy Authority plans to build charging stations for electric vehicles every 50 to 120 kilometers across the country. The goal of this program is to facilitate long-distance travel and encourage the increasing use of EVs. According to Bahru Oljra, Executive Director of Energy Sector Control, a new directive has been approved which outlines licensing, charging tariffs, power supply levels, and security standards.... Read more »

Posted on : Wednesday , 29th January 2025

JSI to Collaborate With the Tanzanian Government To Transform the Pharmaceutical Management System and Public Health Supply Chain In Tanzania

With great pleasure, JSI announces that the U.S. Agency for International Development (USAID) has chosen them to lead the USAID NextGen Ugavi Bora, Afya Bora (Better Supply, Better Health) Activity in Tanzania. Through the 10-year activity, Tanzania's supply chain and pharmaceutical management (SC&PM) systems will be significantly strengthened to guarantee sustainable access to and appropriate use of reasonably priced, safe,.... Read more »

Posted on : Thursday , 9th January 2025

H.E. Hiroshi Matsuura, the Japanese Ambassador to Kenya, Handed Over Mtrh's 1.5 Tesla MRI Machine and Ambulance

H.E. Hiroshi Matsuura, Japanese Ambassador to Kenya, handed over two new projects at Moi Teaching and Referral Hospital (MTRH). The new 1.5 Tesla MRI at MTRH's Memorial Wing will increase healthcare service provision to thousands of patients from Western Kenya's 25 counties and beyond. Ambassador Hiroshi stated in his statement that Japan is pleased to be working with Kenya in various areas of healthcare and added that the new 1.5.... Read more »

Posted on : Thursday , 9th January 2025

The Rise of Chinese-Inspired Bamboo Tableware in Kenyan Households

Bamboo wood is gaining popularity in Kenya as a sustainable and versatile alternative to traditional materials. Inspired by Chinese innovations and supported by the International Bamboo and Rattan Organization (INBAR), bamboo is transforming industries, homes, and livelihoods. Edmond Machoki, a biotechnology graduate, highlights bamboo’s numerous advantages. Unlike other materials, bamboo matures quickly and is harvested sustainably..... Read more »

Posted on : Monday , 6th January 2025

Karimjee Group Introduces Station to Transform Automobile Repair Sector

Karimjee Group, a well-known corporate conglomerate in East Africa, has opened a new service station called auto Inc. that is expected to completely transform Tanzania's vehicle repair market. Auto Inc. is strategically positioned to provide a contemporary, all-encompassing approach to automotive maintenance, with the goal of making high-end services easily available to everyone. Serving all vehicle needs under one roof, the station is.... Read more »

Posted on : Monday , 6th January 2025

Promoting Environmentally Friendly Mining Techniques in Kenya

With a new collaboration with the Mining Engineers Society of Kenya (MESK), Marula Mining has made significant progress in developing Kenya's mining sector.A Memorandum of Understanding (MOU), which was signed by the two organisations, lays out a common goal for developing professional development, integrating communities, and encouraging sustainable practices in the industry. Technical evaluations, important projects centred on critical.... Read more »

Posted on : Monday , 6th January 2025

Kiambu County Implements Solar Technology for Street Lighting, Moving Away from Conventional Power Sources

Kiambu County has taken a bold step by transitioning from national grid-powered streetlights to solar-powered alternatives. This shift aims to curb soaring electricity bills, which exceed one billion shillings annually. Governor Kimani Wamatangi launched the initiative, dubbed "Angaza Kiambu," in Thika on December 18. Over 500 solar streetlights have already been installed in Thika Township, Hospital, Kamenu, Ngoliba, and Gatuayaga wards. The.... Read more »

Posted on : Monday , 6th January 2025

Hydroelectric Dams in Ethiopia at Full Capacity Following Rainy Season, EEP

Ethiopian Electric Power (EEP) declared that following the previous rainy season, its dams were completely refilled, guaranteeing enough water for power generation to meet this year's ambitious goals. The dams have accumulated enough water to enable full-capacity energy generation, according to Tiruwork Shiferaw, Planning Bureau and Power Plant Operation Sector Manager for EEP. In order to maximize productivity and guarantee sustainability,.... Read more »

Posted on : Friday , 3rd January 2025

18 MW solar tender is being held in southern end of the archipelago off the coast of Tanzania

The setting up of an 18 MW solar project on the southern end of the islands off the shores of Tanzania is up for bid by Zanzibar's state-owned utility. Applications are due on January 31, 2025. A tender has been issued by Zanzibar Electricity Corp. (ZECO) to design, supply, and build a solar plant with a minimum capacity of 18 megawatts. Makunduchi, one of the southernmost cities on the Zanzibar islands a Tanzanian autonomous region.... Read more »

Posted on : Friday , 3rd January 2025

Ethiopia: Oromia Hosts Oda Solar Power Project Launch

The 370-kilowatt Oda Solar Power Project, which cost Birr 195 million to build, was formally opened in Medewelabu Woreda, East Borena Zone, Oromia Regional State. Dr. Sultan Wali, the State Minister of Water and Energy, underlined during the inauguration that the project will supply power to almost 15,000 people living in rural areas. According to him, this development is anticipated to boost economic activity in both urban and rural areas.... Read more »

Posted on : Thursday , 2nd January 2025