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Monday, December 16
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Top electrification projects undertaken in Africa in 2021 

By Updated: Africa No Comments6 Mins Read
Kenya's Electricity Imports
In the fiscal year ended June 30, 2023, Kenya Power purchases rose from $770 million to $943 million, primarily due to unrealized foreign exchange losses, while finance costs increased significantly by 89 percent, from $83 million to $158 million, mainly driven by the depreciation of the Kenyan shilling.

In pursuit of bringing about electrification to the continent, the energy sector was abuzz with activity in 2021 In September 2021, for instance, Uganda launched the last-mile connectivity component to connect 87,500 rural households with affordable electricity In June 2021, the World Bank Board approved US$200 million in International Development Association (IDA) funding to help

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Wanjiku Njuguna is a Kenyan-based business reporter with experience of more than eight years.

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