KENYA: Power Company pushes for 20% electricity bill hike

Kenya Power (KPLC) has made an application to increase electricity prices by up to a fifth by seeking approval from the Energy and Petroleum Regulatory Authority (EPRA) to reverse its reducing profitability and review the temporary reduction of power charges that expired in July. Kenya Power wrote in the application that the company may become… Continue reading KENYA: Power Company pushes for 20% electricity bill hike

RWANDA: ALSF Supports $200million Energy Plant Project

The African Legal Support Facility (ALSF), an organization hosted by the African Development Bank (AfDB) has provided advisory services support to the Government of Rwanda to negotiate the proposed deal with Symbion Power to develop a $200-million-dollar energy plant by Lake Kivu in Rwanda, a deal which was signed on 29 March 2019. According to… Continue reading RWANDA: ALSF Supports $200million Energy Plant Project

SOUTH AFRICA: Power Outage Shakes Investors’ Confidence

South Africa has been without electricity supply in some parts of the country for almost 2 weeks. According to an official statement by the Electric Supply Commission (ESCOM), also Known as Eskom, “load shedding, or load reduction, is done countrywide as a controlled option to respond to unplanned events to protect the electric power system… Continue reading SOUTH AFRICA: Power Outage Shakes Investors’ Confidence

NIGERIA: 5 Bidders Emerge Successful On The Race To Acquire Afam And Yola Power Company

Photo Credit: Nigeria Electricity

The Bureau of Public Enterprises on behalf of Afam Electricity Generation Company (Afam Power Plc and Afam Three Fast Power Limited) and Yola Electricity Distribution Company (YEDC) received financial and technical bids from five firms who are interested in purchasing the 51 per cent stakes in Afam Power Plc and Yola Electricity Distribution Company. The… Continue reading NIGERIA: 5 Bidders Emerge Successful On The Race To Acquire Afam And Yola Power Company