The Surprising Success in Kenya’s Power Sector

Not only is Kenya re-shaping its regulatory environment and aggressively pursuing new investment, the country is also taking innovative approaches to using capacity that has already been installed to generate jobs and economic development. For example, manufacturing and industrialization require reliable, affordable electricity capacity in order to attract investment, leaving many African countries out of the running for new deals. To tackle both the issue of cost and lack of capacity, starting last year Kenya began offering tariff discounts to manufacturers who move their base of operations to Kenya and operate at night, an off-peak time for energy consumption, according to Business Daily.

Read full article: Africa Oil&Power

 


 

Print Friendly, PDF & Email