African Business News

Spain to construct 100MW Power Plant in Nigeria

A Spanish company will construct a 100MW Photovoltaic Power Plant in Nigeria, Alfonso Sebastian, the Spanish ambassador to Nigeria has said. He added that the company will only require a piece of land from the state government of Kano to carry on the project.

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Construction of hydropower plants in Rwanda gets financial support

Afritech Energy (AE) and East African Power have signed a US$ 40m agreement that will see the construction of four hydropower plants in Rwanda.

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Nyagak III Small Hydro Power Project in Uganda to be constructed

The construction of Nyagak III Small Hydro Power Project in Uganda is set to commence soon, this is after the Ugandan Government and a German firm signed a US$ a 1.8m agreement.

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KenGen approves rights issue to raise billions for energy projects

The Kenya Electricity Generation Company (KenGen) board has approved a rights issue to raise billions of shillings for its energy projects.

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