Sun King, the world’s leading off-grid solar energy company, has unveiled a refreshed logo marking a major milestone in its continued growth and evolution. The new logo reflects the company’s expanding product portfolio – from solar home systems and solar inverter solutions to pay-as-you-go smartphones – all designed to provide …
Read More »Paratus spread footprint across East Africa
Pan-African telecommunications and network services provider, Paratus Group, has completed its expansion programme into East Africa. This expansion forms part of the Group’s ongoing efforts to connect communities and businesses across sub-Equatorial Africa with reliable digital infrastructure. Across East Africa, Paratus is providing reliable digital services to meet the needs …
Read More »BURN Secures $5M to Scale Electric Cooking in Kenya
Africa’s leading clean cookstove manufacturer, BURN,has secured USD 5 million from EDFI Management Company through the EU-funded Electrification Financing Initiative (ElectriFI) to deploy over 100,000 ECOA induction cookers in Kenyan households. This will cut fuel costs and prevent 1.4 million tons of CO₂ emissions through IoT and Pay As You …
Read More »Globeleq, Partners Close $292 Million Deal for South Africa’s Largest Battery Storage Project
Independent power producer Globeleq and its partner, African Rainbow Energy, have secured financing for the 153 MW/612 MWh Red Sands battery energy storage system (BESS), a landmark project poised to become Africa’s largest standalone facility of its kind. The deal, valued at approximately R5.4 billion ($292 million), was financed through …
Read More »Kenyan Gold Rush Gets a High-Tech Twist with Satellite Exploration
A new frontier in gold exploration is emerging in Kenya, where traditional, costly methods are being challenged by the precision of satellite technology. A recent case study by Farmonaut, a remote sensing firm, details a successful project that used satellite imagery to pinpoint potential gold deposits in a 26-square-kilometre area, …
Read More »Marula Mining Forges Research, Academic Partnerships in Kenya
Marula Mining PLC is advancing its strategic presence in Kenya, announcing key partnerships with the Geological Society of Kenya (GSK) and Jomo Kenyatta University of Agriculture & Technology (JKUAT). The Africa-focused mining firm is seeking to integrate itself into the country’s academic and professional landscape, signaling a long-term commitment to …
Read More »$156M Sun King Securitisation to Deliver Solar for Over a Million Kenyans
Speed Read: Sun King closes a $156 million (KES equivalent) securitisation, the largest and first majority commercial-bank-backed deal of its kind in Sub-Saharan Africa outside South Africa. Backed by private capital from Absa Bank Kenya, Citi, The Co-operative Bank of Kenya, KCB Bank, and Stanbic Bank Kenya. The new deal …
Read More »Kenya serves as hub for smuggled gold from region, report says
Kenya acts as a transit hub for smuggled gold from other African countries, including South Sudan and the Democratic Republic of the Congo, according to a report by SwissAid, a non-governmental organisation. While illicit outflows from the country likely exceed two tonnes per year, the amount of declared gold exports …
Read More »Powering Up Kenya: A Race Against Darkness for Millions
Nairobi, Kenya – In the dusty villages and burgeoning towns of Kenya, the flicker of a single light-bulb remains a distant dream for a quarter of the population. As the nation strides towards a 2030 deadline for universal electricity access, a formidable challenge looms: how to bring reliable, affordable power …
Read More »Golden Scourge: New Report Exposes Kenya’s Deep Role in Illicit Gold Trade from Conflict Zones
NAIROBI – A bombshell report by SwissAid, a leading non-governmental organisation, has cast a dark shadow over Kenya, alleging the East African powerhouse has become a major hub for the smuggling and resale of illicit gold sourced from war-torn South Sudan, Sudan, and the Democratic Republic of Congo (DRC). The …
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East African Mining News Unearthing Mining Opportunities in East Africa