UK Power Electricity Supplies enough for winter

Gas supplies are expected to be "comfortable", while electricity margins, at 5.1%, are "manageable", the grid said in its Winter Outlook.

This means supply is expected to exceed peak demand by 5.1%.

Tanzania Economy received Investors attentionDan– Dangote

Last weekend was a graceful day for the President of the Dangote Group, Alhaji Aliko Dangote, who commissioned the $600m cement plant in Tanzania with capacity to produce three million tonnes per annum. The latest plant is one of the 18 he is building across Africa and Nepal, Asia. While he was interviews by the press media.
 
Why did you invest in Tanzania?
A key factor that drives investments in an economy is the presence of an investor-friendly business climate. Indeed, Tanzania is one of the most attractive investment destinations in Africa. This is attested to by the substantial amount of foreign direct investments (FDI) that flow into the country, annually.
The economic reforms in Tanzania, especially in tax, public sector, financial sector, innovations in rural finance, telecommunications and infrastructure, as well as revamped legislative frameworks, have produced an enabling environment that has further provided a platform for future growth. All these factors made us to consider investing in the country. We hope to see more foreign investors take advantage of these opportunities and invest in other sectors that will have multiplier effects on the Tanzanian economy.

Dangote

 How promising is the Tanzanian economy to investors?
The Tanzanian economy has been growing rapidly over the last few years. GDP growth rates have averaged 7 per cent per annum. The World Bank predicts that Tanzania can maintain this impressive growth over the next five years if the government continues to spearhead these laudable reforms. This attests to the success of Ujamaa (African Socialism) that Tanzania has vigorously championed.

FG, Partner with OEM, TE Connectivity to boost Power Supply

The Federal Government has entered into a partnership with an original equipment manufacturer, OEM, TE Connectivity, to cut down on technical losses in the electricity sector and boost Nigeria’s quest for the attainment of 20,000 megawatts by 2020.

The agreement which was entered into by the National Power Training Institute of Nigeria, NAPTIN, will see experts from TE Connectivity train NAPTIN’s facilitators and technical workers of electricity distribution companies, DISCOs, by providing technical training on the connectivity required to enhance power systems.