Kenya to invest $14.8B in electricity sector over next five years
The Kenyan government has launched The Electricity Sector Investment Prospectus, a programme that presents investment opportunities in the energy sector over the next five years at a value of around $14.8 billion.
The Prospectus covers opportunities in power generation, transmission, distribution, off-grid electrification, mini-grids and solar systems for homes and institutions, reports ESI-Africa.
Alongside this programme, Kenyan government has also launched the Kenya National Electrification Strategy (KNES) which provides a roadmap to achieving universal electricity access for all Kenyans by 2022.
Developed in partnership with the World Bank, the new National Electrification Strategy deals with the challenges of bringing the entire country under electrification in an economically feasible way.