Clean energy

AfDB Invests $10M in Arm-Harith Fund for West Africa’s Energy

The African Development Bank (AfDB) has invested $10 million in the Arm-Harith Investment Fund for Sustainable Infrastructure to support renewable energy and critical infrastructure projects across West Africa. This investment is part of a larger strategy to encourage private sector involvement in sustainable development and address the region’s energy and infrastructure challenges. Millions of people…

Read more

CHINT Global Inaugurates Smart Meter Factory in Kenya

Nairobi, Kenya – August 9, 2024 – CHINT Global, a leading global provider of smart energy solutions, proudly announces the grand opening of its cutting-edge smart meter manufacturing factory at Graylands Industrial Park, Athi River, Machakos, Kenya. The new facility represents a significant milestone in CHINT’s commitment to expanding into the East African market.  The…

Read more

Energizing Africa’s Future Through Youthful Perspectives

The global shift towards electrification continues, presenting both challenges and opportunities. This transition is evident worldwide, with countries transforming their energy production and consumption methods. Organizations are now prioritizing digitalization, decarbonization, and sustainability as they strive to cut emissions and achieve sustainable goals. Navigating the Evolving Energy Sector The evolving energy sector is characterized by…

Read more

Ugandan Shilling Drops Due to Energy Sector Demands

The Ugandan shilling has been on a wild ride, experiencing dramatic fluctuations in value recently. A significant factor driving this instability is the country’s booming energy sector.  As Uganda strives to harness its vast oil and gas reserves, demand for foreign currencies, particularly the US dollar, has surged, putting immense pressure on the shilling. Historically,…

Read more

Hashi Energy Liquidates Assets Amid Financial Crisis

Hashi Energy, a well-known Kenyan oil marketer, is facing the looming threat of closure due to severe financial difficulties.  The company, burdened by a staggering Sh5 billion debt owed to Ecobank, is in the process of liquidation and is desperately selling off its assets in a last-ditch effort to stay afloat. Hashi Energy’s story is…

Read more

Kenya Selected as Host for Second US-African Nuclear Summit

In August, Kenya will take center stage as it hosts the second US-Africa Nuclear Energy Summit (USANES).  As Africa grapples with growing energy demand, the summit ignites discussions about the potential and perils of nuclear power in its quest for a sustainable future. Kenya has emerged as a frontrunner in Africa’s burgeoning nuclear energy sector….

Read more

Victor Ezenwoko’s Vision for Africa’s Renewable Future

Across Africa, the challenge of reliable and affordable energy access remains a persistent hurdle. Businesses struggle to operate efficiently, homes experience frequent blackouts, and communities grapple with limited opportunities for development.  However, a revolution is brewing, harnessing the continent’s abundant natural resources to power a brighter future. Pioneering companies like Daystar Power, led by the…

Read more