Mon, 09-Feb 2026

Search news articles
  • Home
  • AllAgricultureBankingAviationEnergyManufacturingTechnologyStartups
  • Geopolitics
  • Kenya Business NewsAfrican Business NewsGlobal News
  • Press Releases
  • Shows
Subscribe
Events
Subscribe
  • Home
  • AllAgricultureBankingAviationEnergyManufacturingTechnologyStartups
  • Geopolitics

    Contact Us

    Media Queries & Partnerships:[email protected]

    About Us

    We are a leading integrated digital content platform providing in-depth business and financial news across Sub-Saharan Africa & the globe.

    Disclaimer

    The information contained in this website is for general information purposes only.
    © 2026 Wallstreet Africa Technologies LTD.. All Rights Reserved.
    1.0.32

    New Sh 24B Deal signed to enable SGR electrification in two years

    Angeline
    By Angeline Mbogo
    - February 04, 2018
    - February 04, 2018
    Kenya Business news
    New Sh 24B Deal signed to enable SGR electrification in two years

    Kenyans can now expect an electric railway system in two years after Kenya Electricity Transmission Company (KETRACO) signed a KES 24.2 billion contract with CET (China Electric Power Equipment and Technology Company Limited) to electrify the SGR. This news comes after Atanas Maina, the Kenya Railways managing director, expressed scepticism due to Kenya’s unreliable electricity supply.

    The project to upgrade the SGR from a diesel line to an electric one will entail the construction of 14 substations between Nairobi and Mombasa. The SGR was designed to accommodate a single electric line which will link to KETRACO’s 400kV transmission line that runs 482 kilometres from Mombasa to Nairobi. The transmission line, which has the highest voltage capacity in East Africa, can transfer 1500MW which is 200MW less than the country’s electricity demand.

    “This line was constructed to address low voltages, high transmission losses, unreliable supply, and to strengthen network security and the national grid system,” Fernades Barasa the KETRACO managing director stated.

    Electric trains are usually perceived as modern. However, diesel locomotives are a more recent technology than electric locomotives. With an electric line, Kenyans will enjoy faster but perhaps more expensive trips due to high maintenance costs.

    The Kenyan Wall Street

    We are a leading integrated digital content platform providing in-depth business and financial news across Africa & the globeSubscribe
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...

    Your edge in markets, powered by AI

    Explore cutting-edge insights with our AI assistant, delivering real-time analysis, personalized news, and in-depth answers at your fingertips.

    Sign Up

    Show me today’s top trades

    Explain the market in simple terms

    What’s my next smart move?

    Report Issue

    Wall Street Africa Business Intelligence

    Access exclusive news, expert analysis, and tools designed to give investors an edge.

    Fixed Income

    Real-time bond pricing with instant calculations, auction data, yield curves, and trend analysis for Africa’s fixed-income markets.

    Local and Global Insights

    Unique perspective with a blend of local and global news and analysis, tailored for African investors.

    Real-Time Economic Indicators

    Monitor inflation, currency movements, and other key economic indicators for African countries.

    Interactive Data for Local Markets

    Visualize trends and compare markets across Africa with interactive charts and tools.
    Wallstreet Africa
    Wallstreet Africa
    Wallstreet Africa