Category archives for: Electricity

Committee Lauds President’s Announcement on Fuel Price Hikes

Cape Town, South Africa, July 9, 2018/ — The Chairperson of the Select Committee on Economic and Business Development, Mr Mandla Rayi, has welcomed the “extraordinary step” taken by President Cyril Ramaphosa to cushion South Africans against the fuel price increases.

SA Firm Buys Out Moi-era Power Producer Iberafrica

June 30, 2018//-South Africa-owned AEP Energy Africa (AEP) has acquired Moi-era independent power producer Iberafrica for Sh6.22 billion ($61.57 million).

Sub-Saharan Africa : GE Hits 100th Power Plant Milestone

Mauritius, June 20, 2018/ /-At the forefront of innovation and technology in energy while collaborating with power producers across the region,  GE Power announced today that it has reached its 100th power plant installation in Sub-Saharan Africa.

The New Rules of Competition in Energy Storage

June 11, 2018//-The costs of energy-storage systems are dropping too fast for inefficient players to hide. The winners in this market will be those that aggressively pursue and achieve operational improvements.

Kenya Power Chief in Trouble for Skipping Tokens Probe

June 7, 2018//-Parliament has summoned Kenya Power  managing director Ken Tarus after he skipped two invitations to appear before it to respond to issues touching on escalating electricity bills and prepaid tokens.

EBRD, IFC and FMO Financing to Help Upgrade, expand Electricity Grid in Turkey’s Western Anatolia

June 2, 2018//-The EBRD, IFC – a member of the World Bank Group – and the Dutch Development Bank FMO are joining forces to finance improvements in the electricity distribution network in Turkey’s Osmangazi region in western Anatolia. 

USAID Introduces Geospatial Tool to Guide Zambia’s Electricity Sector

Washington D.C., USA, May 17, 2018//- The United States Agency for International Development (USAID) in support of Power Africa has developed a geospatial tool to guide the advancement of the Zambia energy sector.

Voith’s New Centre to Coordinate Hydropower Projects in East Africa

Addis Ababa, Ethiopia, May 15, 2018//-Technology group Voith opened its new East Africa Hub in the Ethiopian capital Addis Ababa to plan and coordinate hydropower projects in nine countries in the east of the continent.

Nigeria: Shareholders Laud Transcorp for Leading Role in Improving Access to Electricity

Lagos, Nigeria, May 8, 2018//-Shareholders of Transnational Corporation of Nigeria Plc (Transcorp) strongly commended the Board and management for Transcorp’s impressive contribution to transforming the Nigerian power sector, through its power subsidiary, Transcorp Power.

Poor Homes Hit by Charcoal, Electricity Price Hikes

May 3, 2018//-The price of charcoal and electricity touched a new high last month, tightening the squeeze on low-income households despite a general decline in the cost of living, newly released economic data shows.

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