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- East Africa elated as the 2027 Pamoja AFCON bid prevails
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- Energy outlook: access to electricity in Africa still short of SDG7
- Tanzania’s ambitious journey to energy riches
- Nigeria bets big on Fluenta technology to regulate flare gas emissions
- Depreciating shilling worsens Kenya’s debt and economic struggles
- High fuel prices in South Africa to worsen inflation
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Industry and Trade
- Tanzania seeks to amass an abundance of energy and engage in energy trade with neighboring countries.
- However, the absence of sustainable access to energy services and products continues to impact the trajectory of economic growth. Tanzania aims to achieve a power generation capacity of 5,810MW by 2025.
- Tanzania boasts abundant energy sources, including renewable options and substantial reserves of fossil fuels like natural gas.
Energy holds a position of paramount importance in Tanzania’s pursuit of prosperity, akin to the significance of gold in wealth accumulation. Presently, Tanzania is confronted with a formidable appetite for power to fuel its burgeoning industrial ambitions.
The nation not only aspires to amass an abundance of energy but also seeks to engage in energy trade with its neighboring countries. While this vision remains attainable, the path forward necessitates a careful examination of costs and a well-crafted strategy.
It is undeniable that issues related to energy …
- The Nigerian government aims to eliminate routine flaring in the future.
- Fluenta, a pioneer in ultrasound sensing technology, has installed 18 ultrasonic flare gas meters at Dangote Refinery, Africa’s largest oil refinery.
- Accurate flare gas measurement is essential for regulatory compliance and emissions monitoring.
The Nigerian government is taking proactive steps to control and regulate the flaring of gas, with the ultimate goal of eliminating routine flaring in the coming years. Central to this ambitious effort is the need for precise and reliable measurement.
Fluenta, a global leader in ultrasonic sensing technology for flare gas measurement, has successfully completed a significant project at the Dangote Refinery in Nigeria, which happens to be Africa’s largest oil refinery.
This remarkable undertaking involved the installation of 18 ultrasonic flare gas meters on large pipelines throughout the plant.
The Dangote Refinery represents a milestone in Africa’s journey toward energy self-sufficiency. Nigeria, despite being …
- Kenya’s appeal comes at a moment when East Africa has seen only one exit through an IPO in the past decade.
- 2022 marked the highest level of exit activity in the region in the past decade. Projections show that 2023 is poised to surpass 2022 performance.
- Private Equity investors typically opt for one of three main methods to exit their investments: selling to industry competitors, conducting secondary buyouts, or engaging in Management Buyouts (MBOs).
Kenya is urging private equity firms and venture capital companies to turn to the Nairobi Securities Exchange (NSE) as a platform to realize their deal exits.
The move is part of the Kenyan government’s broader strategy to deepen its capital markets and attract more private investments. “Once you are in, exit through our capital markets,” said Mr. Abubakar Hassan Abubakar, the Principal Secretary of the State Department of Investment Promotion in the Ministry of …
- The inclusion of the Oman JSRS eMarketplace (JeM) in this year’s Tanzania Energy Congress signals strengthening economic ties between Oman and Tanzania-Zanzibar.
- Oman, with its vast expertise in oil and gas, finds a promising partner in mainland Tanzania and the Zanzibar Island.
- By showcasing suppliers certified by Oman’s Ministry of Energy & Minerals’ Joint Supplier Registration System, digital platform JeM offers a golden opportunity for Tanzanian companies to interact with their Omani counterparts.
In the heart of East Africa, a significant event is unfolding that promises to reshape the energy landscape of the region. The 2023 Tanzania Energy Congress, scheduled for September 20-21 in Dar Es Salaam, is not just another conference. It’s a testament to the growing synergy between Tanzania-Zanzibar and Oman, two nations with a shared vision for a sustainable energy future.
A Meeting of Minds and Markets
The inclusion of the Oman JSRS eMarketplace (JeM) in this …
- According to the Agriculture and Food Authority (AFA) there are 15 sugar factories in the country.
- Despite these investments, self-sufficiency in sugar has remained elusive over the years as consumption continues to outstrip supply.
- The deficit is met through imports mainly from COMESA states.
President William Ruto of Kenya has declared war on sugar cartels, who have been blamed for causing a collapse of state-owned factories, as private players flourish in the country.
This, even as imports continue to dominate the market, which has over years struggled with a shortage of the sweetener, owing to a low production capacity by local millers.
Kenya’s sugar industry cartels
After taking power in September 2022, President Ruto promised to revive the sugar industry. Among others, he offered to investing in new and modern milling machines besides providing affordable fertilizer to farmers.
And just last week, he promised to breathe life into Mumias Sugar, …
