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Kenya launches Africa’s largest wind power plant

In Kenya, President Uhuru Kenyatta has launched Africa’s largest wind farm project in a bid to boost the country’s power generation capacity and reach its goal of 100 percent renewable energy generation by 2030. The $680 million privately funded Lake Turkana Wind Power project will increase the country’s power supply by approximately 13 percent, reducing […]

AfDB okays $8 million loans to Kenyan SMEs

In Kenya, local financial institution, Credit Bank, has received about $8 million from the African development bank (AfDB) to support lending to small and medium-sized enterprises (SMEs) in the East African nation. The five-year maturity loan has been approved by the board of directors of the African financial institution. It will be dedicated to the […]

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Ghana to host African Continental Free Trade Area Secretariat

The Assembly of Heads of State and Government of the African Union (AU) has selected Ghana as the host country for the Secretariat of the African Continental (AfCFTA) Free Trade Area. The announcement was made on Sunday, 7 July 2019, during the 12th AU Extraordinary Summit held in Niamey, the capital of Niger, after Ghana […]

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Suspects found guilty in Garissa University College attack

Finally, Kenya has taken a step forward to convict three people accused of terrorism-related offenses and of helping Somali Islamist militants carry out a 2015 attack on a university that killed 148 people. Nairobi Chief Magistrate Francis Andayi indicted Mohamed Ali Abdikar, Hassan Aden Hassan and Rashid Charles Mberesero, a Tanzanian, for involvement in attacks […]

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Kenya: President Kenyatta’s housing project attracts $30bln investment

The affordable housing agenda of President Uhuru Kenyatta of Kenya has received investment offer of almost $30 billion (Sh3 trillion), way above the target of Sh2 trillion, principal Secretary, Housing Urban Development Charles Higa said. The project, which is part of President Uhuru Kenyatta’s Big Four Agenda, is expected to deliver one million housing units […]

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Microsoft launches $100m Development Centers in Africa

Tech giant Microsoft has launched a $100 million Africa Development Centre (ADC) with offices in Kenya and Nigeria. The program will support the recruitment of 100 full-time engineers by the end of the year, and 500 engineers by the end of 2023. The tech company is betting on African innovation in fields like fintech, agritech […]

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Kenya betting big on geothermal plants in Rift Valley

In Kenya, Chinese company Kaishan Renewable Energy Development has signed procurement, engineering and construction (EPC) agreement to build a $65 million geothermal power plant. The project called Menengai III geothermal is located in the Rift Valley in western Kenya. Nairobi-based Sosian Energy, an independent power producer (IPP) is in charge of the development of the […]

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New legislation to ease geothermal investment in Ethiopia

The Ethiopian Council of Ministers is considering a bill to encourage independent power producers (IPPs) to invest in geothermal power generation in the east African nation. Drafted by the Ethiopian Energy Authority last year, the new legislation comes at a time when the country is just beginning to exploit its geothermal potential. Ethiopia has the […]

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A futuristic smart city scores big with new solar plant in Kenya

In Kenya, local energy developer Equator Energy, has commissioned a 1 MW plant near the capital city Nairobi. The plant is located at Tatu City, a city under construction 23 km north of Nairobi, the Kenyan capital The plant includes 2,880 solar modules fixed on 5,700 m2, on the roof of the headquarters of Dormans […]

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InfraCo Africa commits $2.2m for two solar projects in Kenya

InfraCo Africa, an infrastructure development facility has signed a $2.2 million convertible loan agreements with energy developer Gigawatt Global for the development of the Samburu Solar and Transmara Solar projects in Kenya. The financing committed by InfraCo Africa will enable these projects to complete development activities and secure the financing needed for construction. InfraCo Africa […]

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