Browsing: Green energy in Kenya

Most business executives in Kenya expect a stable economy after the August 9 general elections

An integrated green hydrogen and green ammonia manufacturing facility in Kenya, powered by renewable energy, is currently being evaluated by Fortescue Metals Group Limited’s (Fortescue) fully owned subsidiary, FFI.

In addition to the construction of large-scale green energy projects around the world, FFI is rapidly progressing and investing in a wide spectrum of green energy activities.

A statement from FFI CEO Julie Shuttleworth: “FFI is devoted to promoting economic growth, employment opportunities for youth, small and medium-sized businesses, and alleviating poverty in the communities where we operate.”…

Kenya's M-Kopa highlights how it has bridged the energy gap in East Africa

Kenya’s green energy M-Kopa has revealed how it has bridged energy needs for low income earners in East Africa. The company, which boasts of clean energy stalwart Al Gore in its shareholding has issued over $233 million in credit to its predominantly low-income customers over the last eight years. Repayments are made via micropayments and M-KOPA has now processed nearly 100 million mobile money payments.

M-KOPA provides off-grid homes and businesses with asset financing for lights, phone charging, radios, televisions, fridges and more. Previously, customers were spending an average of 50c per day on kerosene, candles and phone charging.

The energy company pioneered and built one of the world’s most advanced pay-as-you-go platforms – unlocking solar, information, technology and finance to upgrade lives in over 750,000 homes and businesses.

M-KOPA payments displace this spending and customers are able to save an additional US$650 over the lifetime of their systems. This …

The Exchange

Social enterprise firm, the largest biogas company in Africa, has announced plans to impact 100,000 farmers in Kenya with biodigester technology over the next three years following a successful close of a round of fund raising.

The closure of Serie A Investment round worth KShs 1.2 billion is expected to drive its growth in Kenya. The round was lead by international investors ENGIE RDE, EU Electrifi Fund, AlphaMunid, Triodos-Hivos Fund, Dila Capital, EcoEnterprises and other impact and commercial investors. Co-Founder and CEO, Alex Eaton noted that Kenya’s focus on food security within the Big Four Agenda creates great opportunities for agricultural investments and clean energy.

“ is assembling the bioidigester technology locally, creating employment opportunities for hundreds of Kenyans, while educating farmers on the use of organic fertilizers in their farms, directly supporting the SDGs and the Big Four Agenda,” said Alex.

With the concerns of rising fuel …