Energy

The Lake Albert development encompasses the Tilenga and Kingfisher upstream oil projects and the construction of the East African Crude Oil Pipeline

During a ceremony held in Kampala, the Lake Albert Development Project partners announced the final investment decision and the launch of the major project representing a total investment of approximately US$10bn

The funds will be used by Bboxx Kenya to purchase new inventory including solar home systems. (Image source: Bboxx Kenya)

Bboxx, a next generation utility company, has secured a US$15mn loan from SBM Bank Kenya to provide access to clean, reliable, and affordable energy to nearly half a million Kenyans through off-grid solar home systems (SHS)

The power plant is delivering enough clean and renewable power to supply approximately 250,000 residential customers

Globeleq, a leading independent power company in Africa, and its project partner, Africa Energy Development Corporation (AEDC), has indicated that its 52MWp Malindi Solar photovoltaic (PV) plant has been exporting 40 MWac of power into the national grid since 14 December 2021

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