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NEWS
Proparco Grants €1M to Equity for Kenyan Farmers’ Climate-Smart Shift
Proparco and Equity Group have signed an agreement, granting technical assistance of one million euros to Equity Group Foundation (EGF) for the implementation of its high-impact project, “Climate Resilient Agri-Food Systems” (CRAFS). This partnership aims to support small Kenyan farmers in the adoption of sustainable practices. Agriculture is a key driver of Kenya’s economic development, accounting for approximately 30% of…
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NEWS
Roam and 4G Capital Partner to Finance Electric Boda Bodas in Kenya
Roam, Kenya’s electric mobility company, has partnered with digital credit provider 4G Capital to offer electric motorcycles financing to boda boda riders in the country. Through 4G Capital’s Jiinue Growth Program (2022–2027), in partnership with the Mastercard Foundation, the initiative aims to empower young people, both men and women, with a strong focus on those in the boda boda industry.…
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ENERGY
National Oil Names Rubis Energy Kenya as Strategic Partner
The National Oil Corporation of Kenya Ltd (NOC) has entered into a strategic partnership with RUBiS Energy Kenya, marking a significant milestone in the enhancement of Kenya’s oil and gas sector. This collaboration follows the successful completion of the Specially Permitted Procurement Procedure (SPPP) for a non-equity strategic partner, in compliance with the Public Procurement and Asset Disposal Act, 2015…
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MOBILITY
BasiGo to Deploy 28 New Electric Buses in Rwanda
BasiGo, the Kenyan electric vehicle manufacturer, has announced a significant expansion of its operations in Rwanda, with 28 new electric buses set for delivery. The first batch of buses is already on the way and will arrive in Kigali next month. As a result, the expanded fleet will soon serve both city and inter-city routes. Additionally, BasiGo plans to deploy…
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ENERGY
AfDB, Eritrea Ink Agreement for 12 MW Mini-Grid Project
The African Development Bank Group (AfDB) and Eritrea have signed an agreement for $19.5 million in grant funding for the Desert to Power Eritrea 12MW Mini Grid Project. Eritrea’s Minister of Finance and National Development, who is also the Bank Group Governor for the country, Dr. Ghiorghish Teklemichae, signed on behalf of the government during a 10 March signing ceremony.…
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ENERGY
International Youth Forum on Sustainable Nuclear Tech Begins in Egypt
The International Youth Forum for Sustainable Nuclear Technologies has been held in Alexandria recently. It has gathered more than 300 young professionals, students, and world leaders from 25 countries, including South Africa and Turkey. The event has been organised by the Nuclear Power Plants Authority of Egypt (NPPA) in partnership with Rosatom. The speakers of the Forum were Rafael Grossi,…
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MOBILITY
Inside Kenya Power’s Commitment to Electric Mobility
Kenya Power has recently been stepping up efforts to increase the uptake of electric vehicles and motorbikes in the country (eMobility). In line with its commitment to sustainable energy and green mobility solutions, the company announced in April last year an investment of up to KShs. 258 million over a three-year period to support the uptake of electric mobility in…
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NEWS
CARICOM Development Fund and Afreximbank Sign Grant for Green Resilience Facility
The CARICOM Development Fund (CDF) and African Export-Import Bank (Afreximbank) have signed a €708,000 Grant Agreement to support the development of a Green, Resilience, and Sustainability Facility (GRSF). The agreement was formalized during the plenary session of the 48th Regular Meeting of the Conference of Heads of Government of CARICOM, recently held at the Wyndham Grand Barbados Sam Lord’s Castle.…
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NEWS
Teraco secures wind power deal for sustainable data centers
Teraco, A Digital Realty Company and provider of interconnection platforms and vendor-neutral colocation data centres, today announced that it has signed a power purchase agreement (PPA) with South African based integrated energy aggregator NOA to supply wind powered renewable energy to Teraco’s data centres. Teraco, which announced late last year that it had commenced construction on its own 120MW solar PV…
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ENERGY
Electricity Demand in Kenya Hits a New Record High of 2,316 MW
Electricity consumption has hit a new record high with a peak demand of 2,316 MW recorded on Wednesday, 12th February 2025. This demand is 12 MW higher than the previous peak of 2,304 MW recorded on 15th January 2025. Statistics from Kenya Power’s National Control Centre show that peak electricity demand has been steadily growing over the last 3 years…
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