Uganda Adamant on Issuing Fuel Subsidy amidst Hiked Prices
Uganda has remained adamant on introducing fuel subsidy even amid hiked pump prices following supply disruptions partly caused by Russia’s invasion of Ukraine. Moses Kaggwa, an acting director at the [...]
Fuel Prices in Tanzania Hit New Record High
Fuel prices in Tanzania have hit a new record high, with the Energy and Water Utilities Regulatory Authority (EWURA) attributing about 93% of the latest price changes to rising world [...]KenGen to Add 400MW Geothermal Energy to the National Grid
KenGen (Kenya Electricity Generating Company) has announced plans to add 400MW of geothermal power to the national grid in the next five years. The company says the output would completely [...]TotalEnergies Seeks Exit from Joint Ventures in Nigeria
TotalEnergies has announced plans to sell its minority stake in an onshore oil-producing joint venture in Nigeria. This will be the latest divestment of Nigerian oil assets by an international [...]Kenya Govt Calms Market Over Fuel Shortage Jitters
The Kenya Government has assured the country that there are adequate fuel stocks to take care of supply during the long weekend. In a statement on Twitter, the Kenya Pipeline [...]
Oil hits Below $100 on China Lockdown Jitters
Oil prices went down at the start of this week as concerns over a resurgence of COVID-19 infections in China fed on demand outlook in the global market. China is [...]East African Cables Posts Net Loss of KSh299.7 Million
East African Cables Plc recorded a Net Loss of KSh 299.7 Million at the close of the financial year ended 31st December 2021. This is an improvement from a Net [...]Morocco to Supply UK with Clean Energy
Morocco is building a 10.5 Gigawatt Solar and Wind farm to supply clean energy via Subsea Cables to the United Kingdom(UK). This twin 1.8 GW high voltage direct current (HVDC) [...]Kenya Allocates KSh471 Million for Cooking Gas Subsidy
Kenya has allocated KSh471 million to the stalled cooking gas subsidy scheme for the new financial year starting July, with the amount set to be raised to KSh820 million in [...]AfDB Abandons Investment in New Coal Plants
African Development Bank(AfDB) has said it has completely halted investments in any new coal projects, throwing this energy sub-sector into disarray. This disclosure was made recently by Dr Kevin Kariuki [...]Ministry Insists Tariff Reduction Plan On Course
Ministry of Energy maintains that the second tranche of 15% power retail tariff reduction is on course as it negotiates with Independent Power Producers(IPPs). Its formal engagements with IPPs is [...]TotalEnergies, Shell in Fresh Bid to Explore Oil in S. Africa
TotalEnergies, Shell want to explore for oil on a block off South Africa’s Southwest Coast months after hitting legal minefields This move comes months after two attempts to conduct seismic [...]
