African Business News

Kenya Power signs 140 MW power purchase deal with AGIL

Kenya Power has signed a deal to buy 140 MW of geothermal electricity from private producer AGIL for 25 years starting in 2018, Kenya Power said in a statement on Monday.

Demand for electricity from firms and homes outstrips Kenya's installed generation capacity, which frequently leads

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Indian power sector gaining ground in South Africa

The Indian power sector is gaining ground in South Africa, where it hoping to secure at least five per cent of global exports currently dominated by European exporters by 2020, said Sanjeev Sardana.

Sardana, chairman of Indian Electrical and Electronics Manufacturers' Association, led a delegation to the two-day

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Aggreko-Shanduka Power Project Voted Best In Africa 2012

The Aggreko-Shanduka cross border power project has been awarded Africa’s Best Fast Track Power Project in 2012

Aggreko plc is the world leader in the supply of temporary power and temperature control solutions while Shanduka Group is South Africa’s black-owned investment holding company.

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Nigeria offers to sell power plant to Chinese firm

Africa's most populous nation is privatising the bulk of its power sector to help increase electricity output by 10 times by 2020, although President Goodluck Jonathan's plan laid out three years ago is running behind schedule.

State-owned China Machinery Engineering Corporation (CMEC) completed the second phase of the Omotosho

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