Browsing: Kenya Power

Electric transport offers Kenya a way out of its fuel crises. Power supply for electric car charging. www.theexchange.africa

According to McKinsey published February 23, 2022, transport currently makes up 10 percent of Africa’s total greenhouse gas (GHG) emissions. This is expected to increase in line with sub-Saharan Africa’s expanding vehicle parc.

South Africa, Kenya, Rwanda, Uganda, Ethiopia, and Nigeria make up around 70 per cent of Africa’s annual vehicle sales and 45 per cent of the region’s population.

The vehicle parc is expected to grow from 25 million vehicles today to an estimated 58 million by 2040, driven by urbanization and rising incomes. As its vehicle parc grows, the challenge for Africa will be to push for more sustainable mobility and avoid the risk of becoming the dumping ground for the world’s unwanted used ICE vehicles.

Future plans for the company include starting work on another Ethiopian project. The firm has also signed a contract worth US$7.9 million to drill three geothermal wells in Djibouti. 
KenGen, in its attempts to boost its revenues, has eyes for similar deals in Tanzania, Uganda, Rwanda, Sudan, South Sudan and Comoros. This is where the company may floor Kenya’s monopoly power utility company.
There has been disorder after KenGen previously rejected a plea from Kenya Power to avoid paying a penalty of US$9.36 million which had accumulated due to late sales payment.