African Business News

KenGen plans a 400MW wind farm in Meru

Power generator KenGen is to build a 400-megawatt wind power plant in Meru beginning next year.

The first phase of the project that will generate 100 megawatts (MW) will cost $270 million (Sh26.5 billion) and is to be completed before the end of 2017.

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Devki opens Sh7bn roofing sheets plant

Devki Group Wednesday opened a Sh7 billion factory in Ruiru, Kiambu County that will be producing 300,000 tonnes of iron sheets every year.

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MORE THAN 223 NEW SHOPPING CENTRES ARE EXPECTED TO BE OPENED IN AFRICA BY 2018

By the year 2018, more than 223 new shopping centres are expected to be opened across the continent and the total surface area (GLA), excluding South Africa, is expected to reach 10 million m² by the year under review.

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Rwanda: U.S. Investors Eye Renewable Energy Sector

American investors and development researchers have expressed interest in Rwanda's renewable energy sector, with plans already understand way to establish a solar power project under the 'Smart Village Micro-grid' model.

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