Transparency and accountability can reignite energy markets

Transparency and accountability can reignite energy markets

The current generation, transmission and distribution model limits the impact of new generation capacity. Image credit: 123rf By Patrick Hirsh, Head of Project Finance, Bowmans South Africa and Aleem Tharani, Head of Projects, Energy and Infrastructure, Bowmans Kenya Two major African energy markets that had lost their sparkle are seeking to rekindle consumer and business […]

African Development Bank's Sefa Grant to Support First Super Esco in East Africa

African Development Bank’s Sefa Grant to Support First Super Esco in East Africa

The Sustainable Energy Fund for Africa (SEFA) has announced a $1 million grant to support the government of Kenya to create a Super Energy Service Company (ESCO). The Super ESCO, to be run by the Kenya Power and Lighting Company, will develop and implement energy efficiency projects for both the public and private sectors. Super […]

MPs Probe US Energy Company's Deals with Kenya Power

MPs Probe US Energy Company’s Deals with Kenya Power

The National Assembly is investigating American energy company Ormat Technologies’ deals with Kenya Power and Lighting Company (KPLC). In its filings with the US Securities Exchange Commission (SEC), Ormat says Kenyan MPs have requested details of their operations at Olkaria and agreements with Kenya Power. “Ormat received a letter from the Kenya National Assembly with […]

Covid-19 jobs cuts: How companies are throwing workers under the bus for profits

Covid-19 jobs cuts: How companies are throwing workers under the bus for profits

Close to 1.7 million Kenyans were rendered jobless between April and July. The onset of the Covid-19 pandemic violently shook businesses the way a powerful storm buffets ships in the high seas. Many of them – particularly small and medium-sized enterprises (SMEs) with very little working capital as well as big establishments in hospitality, aviation, […]