Germany’s MAN Diesel & Turbo is planning to diversify its interests in Nigeria’s electricity market, following the opening of a sales division in Lagos
Energy
‘Sub-Saharan Africa a preferred region for profitable clean energy deployment’
A high potential in renewable energy development, coupled with cost-effectiveness in project development has placed regions like the Middle East and sub-Saharan Africa among others as preferred locations to set up clean energy projects
York Timbers to set up 25MW electrical biomass plant in South Africa
York Timbers has plans to set up an electrical biomass power plant in Mpumalanga, South Africa for US$106mn
Sierra Cables to open cable manufacturing unit in Kenya
Sri Lanka’s Sierra Cables has decided to open a cable manufacturing company in Kenya to promote power generation projects in East Africa
AfDB approves US$121mn loan and grant to improve Uganda’s electricity access
The African Development Bank (AfDB) has approved a US$121mn loan and grant to assist the government in improving electricity access for businesses and in rural households