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    Explainer: Fuel Subsidy Refund Process

    Explainer: Fuel Subsidy Refund Process

    This is the process for the fuel subsidy refund: Related: President William Ruto Announces Plans to Scrap Fuel Subsidy Kenya’s Fuel Subsidy Hits KSh71.17 Billion in 6 Months
    Mwango
    Mwango Capital
    4 years ago
    KenGen Adds 86MW into the national grid

    KenGen Adds 86MW into the national grid

    Kenya's largest electric power producer KenGen on Tuesday held an event to commission the KenGen Olkaria I Additional Unit (AU) 6 Geothermal Power Plant, which aims to inject an additional [...]
    Business
    Business Reporter
    4 years ago
    CrossBoundary Secures $40 Million in Equity Funding for Scaling

    CrossBoundary Secures $40 Million in Equity Funding for Scaling

    Kenya-based CrossBoundary Energy Access (CBEA), a mini-grid infrastructure fund has announced completion of a $40 million equity investment from Norfund, the Norwegian Investment Fund for developing countries, and KLP, Norway's [...]
    Eunniah
    Eunniah Mbabazi
    4 years ago
    World Bank Extends KSh390 Million Facility for Solar Projects in Kenya

    World Bank Extends KSh390 Million Facility for Solar Projects in Kenya

    World Bank has extended a KSh390 million facility to 14 firms in 14 counties, seeking to use solar energy to light up areas not on the national grid, and benefitting [...]
    Eunniah
    Eunniah Mbabazi
    4 years ago
    Libya Set to Suspend Oil Exports from Key Terminals

    Libya Set to Suspend Oil Exports from Key Terminals

    Libya’s state oil company said it may suspend exports from the Gulf of Sirte, which contains many of the OPEC member’s main ports, in the next three days amid a [...]
    Leah
    Leah Wakarima
    4 years ago
    Africa has 600 Million People With No Access to Electricity

    Africa has 600 Million People With No Access to Electricity

    Africa has 600 million people, or 43% of its total population with no access to electricity. According to International Energy Agency(IEA) report titledAfrica Energy Outlook 2022, Electricity is the backbone [...]
    Jackson
    Jackson Okoth
    4 years ago
    Israel Egypt on Road to Increase Gas Exports to the EU

    Israel Egypt on Road to Increase Gas Exports to the EU

    Israel and Egypt have announced plans to boost gas deliveries to the European Union, after the three parties signed a new energy agreement in Cairo. The new memorandum of understanding, [...]
    Eunniah
    Eunniah Mbabazi
    4 years ago
    Angola Trumps Nigeria to Become Africa's Biggest Oil Producer

    Angola Trumps Nigeria to Become Africa's Biggest Oil Producer

    Angola has trumped Nigeria to become Africa's biggest oil producer as the latter's output declined the most in May among its peers in the Organization of Petroleum Exporting Countries (OPEC). [...]
    Eunniah
    Eunniah Mbabazi
    4 years ago
    Crossboundary Raises $25 Million for Renewable Energy Projects

    Crossboundary Raises $25 Million for Renewable Energy Projects

    Kenya-based Crossboundary Energy Access (CBEA), a mini-grid infrastructure fund, has raised $25 million to back renewable energy projects across the continent. The funding was raised from ARCH Emerging Markets Partners [...]
    Eunniah
    Eunniah Mbabazi
    4 years ago
    Relief as KPLC Receives Ksh 7 Billion Subsidy to Lower Electricity Bills Further by 15%

    Relief as KPLC Receives Ksh 7 Billion Subsidy to Lower Electricity Bills Further by 15%

    The National Treasury issued a Sh7.05 billion subsidy to KPLC to allow it to cut electricity bills by a further 15 per cent. Last year, President Uhuru Kenyatta directed a [...]
    Leah
    Leah Wakarima
    4 years ago
    Fuel Prices in Tanzania Drop as $43 Million Subsidy Comes into Effect.

    Fuel Prices in Tanzania Drop as $43 Million Subsidy Comes into Effect.

    Tanzania has reduced the cost of fuel effective Wednesday following the Tsh100 billion ($43 million) fuel subsidy the government announced last month. According to the Energy and Water Utilities Regulatory [...]
    Leah
    Leah Wakarima
    4 years ago
    GDC Set to Add 49 MW of Geothermal Power to the National Grid

    GDC Set to Add 49 MW of Geothermal Power to the National Grid

    Geothermal Development Company (GDC) has announced plans to add 49 megawatts of geothermal power to the national grid from Menengai Crater after an 11-year wait. The company began drilling the first [...]
    Eunniah
    Eunniah Mbabazi
    4 years ago

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