SkyPower Signs $2.2 Billion Agreement to Develop, Build 1 GW of Solar Energy Projects in Kenya

SkyPower, the world’s largest developer and owner of utility-scale solar photovoltaic (PV) energy projects, signed a landmark agreement with the Kenyan Ministry of Energy and Petroleum for the development of … Read More

SkyPower to Donate Two Million Home Solar Kits in Kenya

SkyPower, the world’s largest developer and owner of utility-scale solar projects, recently signed a landmark US $2.2 billion agreement with the Government of Kenya during the 6th annual Global Entrepreneurship … Read More

Rift Energy Hopeful of either Oil or Gas find in Kenya’s Block L19

Houston based Rift Energy says its preliminary resource reserve estimates for the top ten leads (including the four drill-ready prospects) says it is hopeful of  encountering oil or gas when … Read More

CGG wins Airborne Gravity Gradiometer Survey over Two Areas Onshore Tanzania

Integrated Geoscience Company CGG has announced that it has been awarded a contract by the Tanzanian Petroleum Development Corporation (TPDC) to acquire high-resolution gravity gradiometry and aeromagnetic data over two onshore … Read More

Atlas Development & Support Services anticipates H1 pre-tax losses of $2.5m

The Kenyan headquartered, African focused support services and logistics company Atlas Development has said the H1 pre-tax losses anticipated is $2.5m from an expected turnover of US$11.0m in its latest six … Read More

Somalia maritime border case baseless, ignorant of international law – Kenya’s Attorney general

While acknowledging that Kenya had formally received a memorandum over a case filed by Somalia at the International Court of Justice the East Africa nation attorney general Prof. Githu Muigai … Read More

Africa Alliance Asset Management acquires more ownership of Atlas Development

Investment banking group African Alliance Asset Management is interested in buying over 26.6 million shares of the Kenyan headquartered African focussed support services and logistics company Atlas Development according to … Read More

Kenya Somali Maritime Border Case Headed for the International Court Next Week

A fortnight after Kenya’s foreign affairs minister Amina Mohammed said that the East African nation and its horn of African neighbor had agreed to settle maritime border issues outside the … Read More