Search Results for: energy
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ENERGY
Kenya’s renewable-energy boom is creating a bigger market for locally made power equipment
SBM Bank Kenya has committed $17 million to Safer Power Group to expand local manufacturing of electrical equipment used in renewable energy and power infrastructure, strengthening Kenya’s capacity to supply components for the region’s growing clean energy market. The financing will support the development of a new manufacturing facility and expand production of switchboards, control panels, distribution boards, meter boards,…
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NEWS
SBM Bank in Sh2.2bn financing deal for green energy manufacturing
SBM Bank Kenya has partnered with Safer Power Group to extend USD 17 million (about Sh2.2 billion) in financing to support green energy manufacturing and the construction of a new factory. Under the deal, Safer Power, a licensed panel builder for global energy technology firm Schneider Electric, will scale up local production of power infrastructure including switchboards, control panels, synchronization…
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ENERGY
Proto Energy, Equity Bank roll out LPG financing products
Proto Energy and Equity Bank have partnered to expand access to financing for customers seeking to adopt LPG solutions in Kenya. The partnership introduces two products: an Autogas Conversion Loan and an Institutional LPG Conversion Loan, targeting one of the key barriers to LPG uptake, the upfront cost of infrastructure, equipment and conversion services. The Autogas Conversion Loan will allow…
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NEWS
South African businesses turn to energy storage as infrastructure costs rise
South Africa’s commercial and industrial sector is increasingly turning to energy storage, alternative power procurement and water resilience as rising costs and infrastructure constraints put pressure on business operations. These issues will be discussed at the C&I Energy + Storage Summit in Johannesburg, where energy users, industrial companies, policymakers, financiers and technology providers will examine ways to improve energy security…
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NEWS
Kenya’s clean energy ambitions are creating a bigger need for smarter grids and battery storage
Kenya is moving to modernize its electricity grid as the growing share of wind and solar power increases the need for a more flexible, stable, and resilient energy system. The State Department for Energy, in partnership with Huawei Kenya, convened the Kenya Energy Transition Forum 2026 in Nairobi, bringing together government officials, energy industry executives, technology firms, development partners and…
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NEWS
Tanga Port energy hub puts Tanzania at the centre of East Africa’s battle for regional fuel trade
Tanzania and Uganda’s agreement with Vitol to develop Tanga Port into a regional energy hub could reshape how petroleum moves through East Africa, particularly as Uganda prepares to begin commercial oil production and Kenya pursues its own plans for a major refinery at Lamu. The immediate anchor is the East African Crude Oil Pipeline (EACOP), which is being built to…
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NEWS
Kenya shifts from planning to delivery as Mission 300 energy implementation gathers pace
Kenya is stepping up implementation of its Mission 300 National Energy Compact as the government intensifies efforts to deliver universal electricity access and clean cooking solutions by 2030. The renewed push follows a two-day implementation support workshop that brought together government agencies, development partners and energy sector stakeholders to strengthen coordination and fast track delivery of the country’s energy target.…
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NEWS
African Energy Week 2026 to examine how renewable investment can power Africa’s industrial future
Africa’s vast renewable energy potential and the investment strategies needed to convert it into long-term industrial growth will take stage at the Future Economics Forum during the African Energy Week 2026, scheduled for 12th to 16th October 2026 in Cape Town. Hosted by the Zayed Sustainability Price, the session, titled From Power to Position: Industry and Sovereignty in Africa’s Next…
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NEWS
MTN South Africa, ZTE Scale AI-Driven Energy Savings Across Western Cape
MTN South Africa and ZTE Corporation have expanded commercial deployment of an AI-native energy-saving solution for mobile networks across the Western Cape, following a successful trial in Cape Town. The solution, ZTE AIR RAN EnergyTurbo, uses AI-driven closed-loop energy intelligence to cut power consumption at network sites while maintaining service quality and customer experience. In the Cape Town trial, baseline…
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NEWS
Absa Kenya Branch Solar Pilot Cuts Energy Use 51%
Absa Bank Kenya has completed a solar proof-of-concept across four branches – Nkrumah Road, Meru, Nyeri and Market – recording efficiency improvements of between 30 and 51 percent, according to the bank’s 2025 Sustainability and Climate Report released on Tuesday. The pilot forms part of a wider push to cut the bank’s energy footprint. Electricity consumption across Absa Kenya’s operations…
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