Rolls Royce Invests in Energy Startup, Kowry Energy
Rolls Royce has announced that it is investing in Berlin-based start-up Kowry Energy, a provider of sustainable and decentralized energy systems that supports the sustainable expansion of energy infrastructure in [...]
European Investment Bank to Invest $95 Million in Geothermal Power in East Africa
The European Investment Bank (EIB) has agreed to invest $95 million (KSh10.2 billion) in geothermal power projects in East Africa. Some of the countries set benefit from the investment are; [...]
Mozambique to Sell Majority Stake in $2.4 Billion Mphanda Nkuwa Hydropower Dam
Mozambique has announced plans to sell a majority stake in the planned $2.4 billion Mphanda Nkuwa hydropower, which is set to be one of the biggest in southern Africa. The [...]KenGen to Raise $1.95 Billion, to Double Power Output
Kenya Electricity Generating Co. (KenGen) has announced plans to raise $1.95 billion in an effort to build new, as well as upgrade existing plants in a bid to almost double [...]KenGen joins Campaign Against Global Warming
Electricity generating firm Kenya Electricity Generating Company Plc (KenGen) has been admitted to campaign against global warming, becoming the first public firm in Kenya to do so. This Business Ambition [...]
Rockefeller Foundation, IFC Partner to Increase Energy Access in Sub-Sahara Africa
70% of homes in Sub-Saharan Africa lack electricity connection. The Rockefeller Foundation, one of the most famous philanthropies, has partnered with the International Finance Corporation (IFC) to invest in renewable [...]Total Awards $1.9 Billion Uganda Oil Project Deal to British, Chinese Firms
Total has awarded a $1.9 billion contract to construct its Lake Albert oil production (Tilenga project) in Uganda to a consortium led by Chinese and British firms. The contracts are [...]Super Petrol Prices up As Diesel, Kerosene Hold in June Review
The maximum pump prices for a litre of Super Petrol has increased by KSh 0.77 per litre while that of a litre of Diesel and Kerosene remains unchanged. According to [...]Pawame, a Solar Startup Receives US$ 2.5 Million for Expansion
Pawame, a Kenyan solar energy startup, has obtained US$1.7 million in grants and US$750,000 in equity to fund its growth and expansion. Pawame startup founders Founded five years ago by [...]KenGen Enters Final Phase of Olkaria 1 AU 6 Power Plant
Kenya Electricity Generating Company PLC (KenGen), a leading power producer, has begun installing a Steam Turbine into the Olkaria 1 AU 6 Power Plant. The Steam Turbine is the component [...]Tanzania Receives $140 Million Grant from AfDB
Tanzania has received a $140 million grant from the African Development Bank Group (AfDB), aimed at constructing the 50-megawatt Malagarasi hydropower plant and an evacuation transmission line and adding 4,250 [...]Total Kenya to Rebrand to TotalEnergies as it Moves to Cleaner Energy
Total Kenya, one of the biggest suppliers of Petroleum and Gas products in East Africa, has announced plans to change its name from Total Kenya Plc to TotalEnergies Marketing Kenya [...]
