Wednesday, February 28


  • Uganda signed a deal with China under which the China National Nuclear Corporation(CNNC) would assist its endeavours to tap into one of the few Nuclear energy sources in Africa.
  • The first nuclear project, Buyende Nuclear Power Plant, will be located in Buyende, approximately 150 km(93 miles) north of Kampala.
  • Uganda has an estimated 52000 square kilometres of uranium deposits around Buganda, Toro, Ankle and Bunyoro.

Africa takes the next step in its evolution as Uganda announced its plans to generate at least 1000 MegaWatts(MW) from its nuclear power plant by 2031. This lines up with its efforts to identify alternative energy solutions that guarantee faster and more efficient electricity production. Uganda will become one of the few countries to produce nuclear energy in Africa, further boosting its economic growth exponentially.

Uganda first discovered its uranium deposits in 2004, and since then, nuclear power became a valid option for the country.

Read More

The world has in recent months witnessed a dramatic turnabout on the future of nuclear energy, mainly in the developed countries.

This is on the back of the Russia-Ukraine war which has seen post-pandemic energy shortages turn into a full-blown energy crisis.

According to the International Monetary Fund (IMF), nuclear power plants slated for closure across Europe have been given “an 11th hour reprieve.

Japan has announced, after a decade of paralysis, that it plans to restart many of its reactors, which have sat idle since the nuclear accident at Fukushima Daiichi.

France, which had launched plans to reduce its dependence on nuclear energy during President Macron’s first term, reversed course and now, plans to build at least six new reactors and a dozen smaller modular reactors.

The UK on the other hand recently launched an ambitious plan to build eight new reactors and16 small modular reactors.

Even anti-nuclear Germany
  • Rwanda will receive two loans amounting to $180 million from the African Development Bank 
  • The funds will support a major energy project that will extend electricity access to rural areas and reduce greenhouse gas emissions
  • It entails the construction of over 1,000 km of medium voltage and 3,300 km of low voltage lines to boost last-mile access
  • The project is expected to connect 77,470 households to the electricity network for the first time and connect 75 schools, eight health centres and 65 administration centres

Rwanda will receive two loans amounting to $180 million from the African Development Bank (AfDB) to co-finance a major energy project that will extend electricity access to rural areas and reduce greenhouse gas emissions.

In a statement seen by The Exchange Africa, the AfDB said the new funding follows the approval for $84.2 million made in May 2021 for the same project.

According to the lender, …

African Energy Bank to fund fossil fuels in Africa. [Photo/African facts]
  • The western countries have halted overseas fossil fuel financing, a decision that has raised the alarm among Africa’s largest exporters of hydrocarbons
  • A BP Statistical Review of World Energy 2021 reveals that oil and gas produced about 48 per cent of Africa’s total electric power generation in 2020
  • At the COP26 climate summit held in Glasgow, the United Kingdom, in November, several countries agreed to stop the direct public financing for overseas fossil fuel development and extraction by the end of this year

The western countries have halted overseas fossil fuel financing, a decision that has raised the alarm among Africa’s largest exporters of hydrocarbons, who sees the creation of an African Energy Bank as a way out to fund fossil fuels in Africa.

To prevent catastrophic climate change, environmental and financial organisations and governments across Europe and America have insisted that developing nations in Africa must immediately transition from …

Kenya will import 400 Megawatts of power annually from Ethiopia.
  • The hydropower project is worth an estimated US$1.3 billion that will see Ethiopia import 400 Megawatts of power annually.
  • The World Bank approved US$684 million for the power line in 2012- Kenya got US$441 million of the share, and Ethiopia got US$243 million- raising eyebrows why the project has not been completed ten years later.
  • The project started in 2012, but Ethiopia has blamed Kenya for the delays even after several lenders allocated funds for the project.

Kenya Ethiopia Electricity Trade

President Uhuru Kenyatta’s administration has reached a new agreement with Ethiopia to gear up further the purchase of cheap hydropower from Addis Ababa.

The two countries agreed with an Ethiopian delegation, led by Ethiopia’s Minister for Finance, Eyob Tekalign, visiting Nairobi from February 2nd to 4th this year.

The new arrangement was revised on previously signed power trade agreements. The two countries finalised the operational guidelines and procedures and

solar power greenpeace

However, all efforts have been directed in that sector to try and make it greener and cleaner. Among consumers, a major shift is now being witnessed with most of the industries investing in clean energy sources that are both affordable and sustainable.

Such initiatives have made Kenya be rated among the top countries that are implementing their nationally determined contributions that seek to cut greenhouse gas emissions in the country by 32 per cent by 2030.

The latest industry to have made noted efforts to transit to clean Energy is Bamburi Cement Factory situated in Bamburi Mombasa.…

Solar Power Africa event is set for 16 to 18 February 2022.

The South African solar photovoltaic (PV) market is increasing exponentially.

Solar Power Market outlook expects the solar market to register a CAGR of over 10 per cent from 2021 – 2026, reaching an installed capacity of more than 3.6 GW by 2026, up from 1.48 GW in 2019.

Solar power production in South Africa comes when the country is aligning to reduce carbon emissions through a transition from coal to other clean energy sources. This step is not an easy fit.…

Bboxx Kenya will use the US$14 million loan to connect 470,000 Kenyan households to renewable energy sources.
  • Data by the World Bank Group reveals that Kenya’s electrification rate currently stands at 70 per cent
  • Easing the financial access barrier for end-users has improved the uptake of home solar systems over the past decade. 
  • The Kenya National Electrification Strategy highlights the Kenyan government’s plans to scale up off-grid electrification with ambitions to establish two million new connections through standalone solar home systems by 2022. 

Bboxx Kenya is set to receive a US$14 million (Ksh1.6 billion) loan facility from SBM Bank Kenya aimed at connecting 470,000 Kenyan households to renewable energy sources.

GuarantCo, a fund backed by the governments of UK, Switzerland and Australia among others, is guaranteeing Ksh1.2 billion or 75 percent of the loans.

“SBM Bank is elated to spur the growth of the energy sector in Kenya through partnerships with like-minded entities such as Bboxx and GuarantCo,” SBM Bank Kenya’s deputy chief executive officer Jotham Mutoka …

Rwanda Extracts methane gas from Lake Kivu.
  • Extracts from Lake Kivu are sustainable as it would take centuries to exhaust the gas already accumulated in the lake.
  • Darchambeau says that an explosion of Lake Kivu would present a risk to over two million people in both Rwanda and the Democratic Republic of Congo.
  • The Rwandan government made a US$400 million concession agreement with Gasmeth Energy to process and compress the methane gas onshore to create compressed natural gas (CNG).

Rwanda has come up with an invention of its kind, The KivuWatt power station. The energy producer lies somewhere between a renewable and non-renewable source of energy.

For thousands of years, volcanic activity in Lake Kivu has caused a massive accumulation of carbon dioxide and methane to dissolve in the depths of the water. The Engineers of the KivuWatt company have discovered a way to generate electricity from the lake.

There are only three such lakes: Lake Kivu, …

Subscribe to Our Newsletter


Unlock Business Wisdom - Join The Exchange Africa's Newsletter for Expert African Business Insights!

Stay ahead of the game with our weekly African business Newsletter
Recieve Expert analysis, commentary and Insights into the enviroment which can help you make informed decisions.