Investments & Projects

Kenya has launched Africa's largest wind farm to increase its power generation capacity and achieve the country's ambitious goal of achieving 100% green energy by 2020.

It is reported that the Indian Ocean, Lake Victoria and Lake Turkana have been identified as top contenders for the establishment of Kenya's first nuclear power plant that Kenya plans to build in the next 8-10 years.

The Moroccan Sustainable Energy Agency (MASEN) initiated the tendering process for the second phase of the Noor Midelt solar project.

In order to increase China-Africa aviation relations, China has invested heavily in airport infrastructure in Africa.

According to relevant research, there are 2,599 foreign direct investments (FDI) by South African companies in other parts of the African continent.

South Africa has supported large-scale expansion of nuclear power to meet its growing demand for clean energy, but by 2018, rising nuclear power costs have led to changes in its policies.

Egypt expects that the 1.6 GW solar park under construction in the south of the country will be fully operational in 2019.

Although Morocco's trade links with Europe have been around for decades, Moroccan companies have limited ability to compete with European companies. However, the fast-growing West African economies offer enormous opportunities for Moroccan companies.

Kenya's renewable energy sector has been approved by the World Bank to provide Kenya Electricity Generating Company (KenGen) with up to $180 million in risk guarantees to attract long-term funding for its renewable energy development projects.