World Bank Approves Funds for Ethiopia-Kenya Power Project
The World Bank on Thursday approved $ 684 million loan grant for the Eastern Electricity Highway Project, which will connect Ethiopia's electrical grid with Kenya's allowing power trading between the two East African neighbors.
UNESCO seeks more investment in Africa’s hydro-power potential
UNESCO has urged investors to channel their funds toward harnessing Africa’s hydro power potential to boost the continent’s economy.
Prof. Andras Szollosi-Nagy, who is the Rector, UNESCO-IHE (Institute for Water Education), made the call in an interview on Tuesday,
Jindal Steel to use coal for power in Africa after CIC buy
Jindal Steel & Power Ltd will spend about $100 million over two to three years to develop a coal mine in Botswana that it is acquiring through its purchase of Canada's CIC Energy Corp, a company official said on Wednesday.
Uganda: Govt to Connect Seven Rural Towns to Electricity
Government is set to connect 5,000 people in seven rural growth centers where there is low access to electricity and connectivity.However, the project will only be implemented, if parliament approves a loan request by government amounting to US$10m (Sh24b) from the OPEC fund for international development.
