Africa Energy Headlines International

Kenya: UK invests $66 million in Malindi’s 52 MW solar project

In Kenya, Commonwealth Development Corporation (CDC Group) has pledged to invest about $67 million in the Malindi solar project. The project with an expected capacity of 52 MWp is developed by Malindi Solar Group, an ad hoc company created by an independent power producer [IPP] in the East Africa nation. Earlier this year Jeremy Hunt, […]

Africa Business Headlines International Morocco

Kenyan Justice terminates case against Morocco’s OCP

A kenyan court dropped charges against Morocco’s phosphates giant OCP over alleged mercure presence in its fertilizers. The court also withdrew criminal charges against OCP officials and ordered the release of the fertilizers cargo that was held at Ballore Warehouse. Some Kenyan news portals said the termination came after parties entered a plea bargaining agreement. […]

Africa Energy Headlines International

Kenya to set new deadline for oil export

Kenya’s goal of becoming an oil exporting country by 2022 may not be realized, London-based oil explorer, Tullow Oil said. According to the oil giant, delays from the government in making critical decisions have potentially stalled output. Tullow, which has already spent more than $1 billion in exploration activities over the past six years, last […]

Africa Energy Headlines International

Kenya to go all out for renewable energy

Kenya authorities plan to invest more in solar energy as results from the Garissa solar power plant in eastern Kenya helps to stabilize electricity prices in the Eastern African nation. According to Simon Gicharu, Chairman of the Board of Directors of the rural electrification and renewable energy company (Rerec), the Kenyan government will not rest […]

Africa Energy Headlines International

Is Kenya ready for nuclear energy by 2027?

The Kenya Nuclear Electricity Board (KNEB) last weekend said slow economic growth and poor power demand could delay the East African nation’s ambitious nuclear energy program that was to go live in 2027. According to KNEB, the 2019 economic growth forecast could jeopardize their plan to produce 2,000 megawatts (MW) capacity power by 2027. Speaking […]

Africa Business Headlines International Morocco

Morocco’s OCP Group to set up a fertilizer plant in Kenya

Negotiations are currently underway between the Moroccan phosphates group OCP and Kenya for the setting up of a fertilizer plant in Kisumu, the third largest city in Kenya after Nairobi and Mombasa. In this connection, the head of the Orange Democracy Movement (ODM), the main opposition party in Kenya, Raila Odinga, is currently visiting Morocco […]

Africa Energy Headlines International

Kenya: Schneider Electric’s unveiled containerized mobile solar kit

Schneider Electric has unveiled its Kenya-made ‘Villaya Emergency’, a containerized mobile solar microgrid solution designed to be easy to use in any humanitarian emergency. The kit manufactured in Kenya is a system that generates at least 10-kilowatt peak electricity enough to power a village, health center or individual / group areas in refugee camps. The […]

Africa Energy Headlines International

Kenyan telecoms giant Safaricom eyes electricity sales

Kenyan Telecommunications giant Safaricom is eyeing the electricity market following the enactment of a law that opened up power retail market to individuals and private companies. Earlier this month, Kenya has overhauled the regulatory framework of the energy and petroleum sectors with the enactment of two laws that put emphasis on increasing electricity connectivity. With […]

Africa Headlines International

Kenya pledges to achieve over 10pc forest cover by 2022

Kenyan President Uhuru Kenyatta on Thursday pledged to achieve at least 10 per cent forest cover in the next three years. Speaking at the opening ceremony of the third annual One Planet Summit, President Uhuru Kenyatta indicated that his government has identified the forestry sector as a key investment to hitting its development targets. “Our […]

Africa Europe Finance Headlines International

France’s Macron pledges to invest $2.8 billion in Africa

French President Emmanuel Macron who is touring East Africa, with stops in Djibouti, Ethiopia and Kenya, has pledged to invest $2.8 billion in Africa by financing and supporting startups and small- to – medium-sized enterprises by 2022. Macron, who started his trip to East Africa Monday, said the French government would support about 10,000 enterprises […]