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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

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PinFinance, Politics, Renewables, Power

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Ethiopian violence clouds plans for more business-friendly future

Prime Minister Abiy Ahmed’s in-tray would terrify almost any political leader. He will watch the US election results with special interest after President Donald Trump signalled his frustration over the Grand Ethiopian Renaissance Dam by observing that Egypt would “end up blowing up the dam and… they have to do something”. Trump blamed Ethiopia for failed negotiations chaired by the United States earlier this year.

Issue 426 - 05 November 2020

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PinPolitics, Renewables, Power

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19-11-2020

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