Market research and analysis firm Frost & Sullivan have issued the 2018 Global Renewable Energy Outlook identifying global renewable investments to reach $228.3 billion in 2018. This growth is despite a detected slower year-on-year growth rate of 0.7% due to China reducing its solar uptake. The renewable energy market is expected to achieve 154.6GW of new energy capacity by the…
Details The Kenya Power Pension Fund (KPPF) has been named the best fund in Africa. This is after it emerged the winner of the category in the recently-held Africa Investor (Ai) Capital Market & Index Series Awards in New York, USA. The Fund topped the category, African Pension Fund Initiative of the Year in the prestigious award, edging…
Details The Kenya Power Pension Fund (KPPF) has been named the best fund in Africa. This is after it emerged the winner of the category in the recently-held Africa Investor (Ai) Capital Market & Index Series Awards in New York, USA. The Fund topped the category, African Pension Fund Initiative of the Year in the prestigious award, edging…
Details From basic lighting solutions to mini-grids, Africa’s decentralised renewable energy (DRE) market has recorded significant growth with 11.2 million units of branded pico-solar products sold between 2009 and the first quarter of 2015. Geospatial analysis by the International Energy Agency suggests that the most cost-effective solution for electrifying at least two-thirds of rural households by…
Details From basic lighting solutions to mini-grids, Africa’s decentralised renewable energy (DRE) market has recorded significant growth with 11.2 million units of branded pico-solar products sold between 2009 and the first quarter of 2015. Geospatial analysis by the International Energy Agency suggests that the most cost-effective solution for electrifying at least two-thirds of rural households by…
Details 58 years of Nigeria’s independence, Ebere Nwoji writes that the pension sector has recorded significant growth. The pension sector no doubt, is one of the fast growing sectors of the economy since the introduction of the funded Contributory Pension Scheme (CPS) Indeed, with the quantum of assets accumulated by the sector, Nigeria has no doubt…
Details Kenya has set aside US $9.9m to construct three modern markets in Kisumu county mainly Jubilee, Kibuye and Otonglo markets in a bid to accommodate more traders and end hawkers problem in the city. The Kisumu construction project will also end fire outbreaks attributed to electric faults due to poor or illegal connections. More than 10,000 hawkers operate…
Details South Africa’s power utility Eskom Holdings, is set to expand its transmission network after the African Development Bank (AfDB) approved a US $218m loan to help fund the upgrade and expansion of its transmission facilities. The funding will consist of construction of of 555 km of 400 kV transmission lines in KwaZulu-Natal and Mpumalanga, as well…
Details South Africa’s power utility Eskom Holdings, is set to expand its transmission network after the African Development Bank (AfDB) approved a US $218m loan to help fund the upgrade and expansion of its transmission facilities. The funding will consist of construction of of 555 km of 400 kV transmission lines in KwaZulu-Natal and Mpumalanga, as well…
Details The government of Ghana has received US $10 bn funding to undertake a major reconstruction with modern all-season road network linkages to spur economic and social development through easier access to and from rural areas to the main population centre. A memorandum of understanding (MoU) was signed between Ghana through Investigroup,an international organisation with offices in several African countries, and the MFAR Group of…
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