African Business News
KenGen approves rights issue to raise billions for energy projects
The Kenya Electricity Generation Company (KenGen) board has approved a rights issue to raise billions of shillings for its energy projects.
Construction of Renaissance dam in Ethiopia continues months after stalling
The construction of the Grand Renaissance Dam in Ethiopia has commenced months after stalling, signalling hope that the dam will be completed.
Gas production in Egypt records 50 million cubic feet increase
Gas production in Egypt increase by 50m cubic feet in gas production sending a sigh of relief to gas users in the country, a senior official in the Egyptian Natural Gas Holding Company (EGAS)
European Bank to fund renewable energy in Middle East and North Africa
The European Bank for Reconstruction and Development (EBRD) will now focus on financing renewable energy in Middle East and North Africa, its director Philip ter Woort, has announced.
