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Kenya Power finance woes deepen as Covid-19 hits earnings

The scale of the challenges facing Kenya Power has been highlighted by the release of its results for the past two years. The utility has been hard hit by Covid-19, with demand dropping while arrears soared, but its finances were struggling long before the pandemic struck, writes Dan Marks.

Issue 427 - 19 November 2020

PinKenya

PinFinance, Politics, Renewables, Power

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EAPP progress

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Southern Africa moves towards new gas-based interdependency

Investors, contractors and financiers have been reassessing southern Africa’s potential to emerge as a natural gas producer, supply hub and importer of molecules and electrons for gas-to-power (GTP) schemes. Mozambique’s emergence as an LNG exporter gives it potential to develop new gas-based industry and infrastructure. Developments in southern Mozambique further suggest it could drive a wider regional industry, with more gas exported by pipeline.

Issue 427 - 19 November 2020

PinMozambique, Botswana, Lesotho, Angola, Namibia, Malawi, eSwatini (Swaziland), Zambia, Zimbabwe, South Africa

PinGas, Power

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