African Business News

Kenya Power injects US$6.5 million into off-grid renewable projects

Kenya Power & Lighting, Kenya’s state-owned utility company, has announced its intention to invest KES560 million (US$6.5 million) in the development of off-grid renewable energy projects in Kenya.

As part of its plans, the company will develop solar and wind projects in the country’s North Eastern and Rift Valley

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2nd Power & Energy Kenya

2nd Power & Energy is an event focusing on Kenya’s Power and Energy potentials and their sustainable development. Power & Energy Africa Kenya will feature three days of trade exhibition with top notch B2B meetings.

The event will gather international & local investors, industry experts, decision makers, development partners

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Energy-Booming renewable energy projects seek investors By Peter Feuilherade

The largely untapped potential of abundant solar resources in the Middle East and North Africa region is attracting increasing investment in several renewable energy projects. Oil producing states in particular are looking for ways of reducing their own dependence on diminishing fossil fuels. Another incentive is that they can earn far more by

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Aggreko secures $200m deal in southern Africa

Temporary energy supplier Aggreko is stepping up its presence in Africa after signing a $200 million (£133m) contract to provide power to the national utilities in Mozambique and Namibia for the next two years.

The firm’s shares surged 7 per cent following the deal, which comes on the back of last week’s reassurance that

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