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KenGen Awards Contract Valued at $1.3 Billion to a New Zealand Based Company

Kenya Electricity Generating Company (KenGen) has awarded a contract valued at $1.3 billion to Sinclair, Knight, Merz (SKM) Ltd., a New Zealand based firm.  The project, a 280-megawatt geothermal power plant is Kenya’s biggest geothermal power project to date.
Financing for the three year project is provided by multiple donors including the Government of Kenya, Japan [...]

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World Bank Uncovers Major Deficiencies in Africa’s Infrastructure

An infrastructure study released today finds that Africa has the weakest infrastructure in the world, but ironically Africans in some countries pay twice as much for basic services as people elsewhere.  This study argues that well functioning infrastructure is essential to Africa’s economic performance and that improving inefficiencies and reducing waste could result in major [...]

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