Africa’s geothermal sector will attract at least $35 billion in investments by 2050, showing geothermal’s critical…
Category: East Africa
Kenya Doubles Electricity Imports from Ethiopia, Uganda
Despite increased demand, Kenya has exceeded double its electricity imports from neighbouring countries. The Kenya National…
IFC Announces $30m Equity Investment in Africa Infrastructure Investment Fund
The International Finance Corporation (IFC) announced a $30 million equity investment in the Africa Infrastructure Investment…
ATIDI to Support 20MW Solar Project in Uganda
African Trade & Investment Development Insurance (ATIDI) announced its plans to support the 20 megawatts Ituka…
Kenya’s EPRA Hikes Electricity Price by 16.5%
Kenya’s Energy and Petroleum Regulatory Authority (EPRA) has announced another electricity price hike of 16.5 per…
Kenya Startups Attracted $800m Venture Capital in 2023 –Report
Kenyan startups attracted $800 million (Sh127.2bn) in venture capital in 2023, surpassing Egypt, Nigeria and South…
Kenya Power Grew Electricity Sales in 2023
Kenya Power and Lighting Company registered a growth in electricity sales. However, the utility firm reported…
Madagascar Hybridises Oil Power Plants with Solar PV, Plans 2nd Phase
Madagascar hybridises three large-scale heavy-fuel oil power plants with solar photovoltaic (PV) and plans to commence…
Kenya Joins Consortium to Develop BESS
Kenya has joined the nine African countries to form a consortium leading the world to develop…
Ugandan Government to Stop Paying for Unused Electricity
The Ugandan government has announced it will discontinue payments for deemed power as the Achwa and…