AfDB Approves New Funds for Ethiopia-Kenya Power Project
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- Category: Power & Energy
- Published on Tuesday, 11 December 2012 09:47
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Addis Ababa – The African Development Bank (AfDB) has approved a loan agreement amounting US$115 million to finance the construction of a cross-border electricity highway running between Ethiopia and Kenya.
A member of the Karo tribe by the Omo river in Ethiopia. Three hydropower dams are planned – there are fears that the resulting scarcity could lead to violent conflict (Getty)
Read more: AfDB Approves New Funds for Ethiopia-Kenya Power Project
Ethiopia-Kenya Power Line Gets Sh37 Billion Loan
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- Published on Friday, 07 December 2012 08:48
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Finance Minister Njeru Githae and World Bank Country Director Johannes Zutt, addressing the media at Treasury Building after signing a Kshs.51.9 billion loan agreement.
The loan is for construction of Eastern Electricity Highway Project to bring Hydro electric power from Ethiopia to Kenya (Kshs.37.5 billion),
Kenya to Showcase Prospects in Geothermal Supply
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- Published on Wednesday, 21 November 2012 09:17
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Stakeholders in the geothermal energy sector are exploring solutions to reduce lead times for developing geothermal projects, while trying to determine how to leverage investments to stimulate the growth of the industry.
Firm to Build U.S. $100 Million Wind Power Initiative
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- Published on Wednesday, 28 November 2012 11:42
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Nairobi –  Global infrastructure development giant General Electric Company (GE) last week announced a grand plan of investing some $100 million towards power generation in Kenya over the next one year.
The funding will go towards the construction of two wind power projects to boost generation to the national grid.
Read more: Firm to Build U.S. $100 Million Wind Power Initiative
Kenya: New Energy Plan for the Rural Areas
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- Published on Wednesday, 21 November 2012 09:09
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An initiative dubbed “Kijiji Solar†aimed at providing rural areas with electricity has been launched. The programme which will constitute the use of solar panels and batteries to provide green energy to rural areas was launched by Plexus Energy.
