African Business News

Liberia: Hydrochina International to Invest in Energy Sector

Authorities of the Liberia Electricity Corporation (LEC) received a delegation from the HYDROCHINA INTERNATIONAL ENGINEERING CO., LTD., on Tuesday, August 4, 2015 as a follow up to a MOU signed between the LEC represented by its Chairman of the Board of Directors and the HYDROCHINA INTERNATIONAL ENGINEERING CO., LTD., on July 3, 2015 in the China. The meeting was centered on the HYDROCHINA's possible investment in Liberia's energy sector.

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Turkey to construct 370MW power plant in Ghana

Turkey is set to construct 370MW power plant in Ghana after the country signed a 5years Power Purchasing Agreement (PPA) with Aksa Enerji, a Turkish based company.

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Zuma Upbeat On Economy, Electricity Supply

Despite slow growth globally, local economic growth is expected to increase to at least 3% over the next three years, President Jacob Zuma said on Tuesday.

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Kenya: Ngong Power Plant to Be Commissioned

Kengen will soon commission its expanded Ngong wind power plant to scale up contribution from renewable sources. The wind farm, which was put up in three phases near Nairobi, has been generating 5.5MW to the national grid. Speaking in Naivasha yesterday, Kengen CEO Albert Mugo did not give the exact date of the launch.

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