Tag: kenya

Kenya: Government seeks to install solar PV plants

Posted by khaoula on

Deadline date: 29 January 2019

The government of Kenya has received a credit from the International Development Association (IDA) and grants under Scaling Up Renewable Energy in low-income countries under the Strategic Climate Fund Grant towards the cost of Kenya Electricity Modernisation Project (KEMP).

It is intended that part of the proceeds of this credit and SREP grants will be applied to eligible payments under the contract for design, supply and installation of solar PV power generation plants (SPGP) with associated power distribution network (PDN) in selected un-electrified areas in Kenya.

The contract will have two parts:

Part 1: design, supply, installation, testing and commissioning of SPGP and construction of associated PDN.

Part 2: Operation and Maintenance (O&M) services of the facilities and reliable supply of power to the consumers for a period of 15 years.

The Rural Electrification Authority (REA) now invites bids from eligible bidders for Part 1: design, supply and installation of 1175 kW AC (1410 kWp) Solar PV plants with associated power distribution network (Mini-Grid Projects) and Part 2: Operation and Maintenance (O&M) services of the facility.

Bidders may bid for Lot-1 or Lot-2 or both Lots. This International Competitive Bidding will be conducted adopting the World Bank’s Standard Procurement document for design, supply and installation “Single Stage Bidding Procedure”.

Interested eligible bidders may obtain further information from and inspect the bidding document at the office of Rural Electrification Authority (REA) project during office hours from 9:00 to17:00 hours at the address given below.

Complete set of bidding documents in English can be downloaded from the REA web site(www.rea.co.ke)

Queries can be directed to:

Edward Gakunju

Address: P.O. Box 34585 – 00100

Nairobi,

Kenya

Tel: 254 20 4953000

Email:    eGakunju@rea.co.ke

Submissions

Bids must be delivered to the address below on or before 10:00am on 29 January 2019and must be accompanied by appropriate bid securities as indicated in the data sheet of the bidding document and indicated below.

The address referred to above is:

Chief Executive Officer

Rural Electrification Authority (REA)

Kawi House, South C,

Red Cross Road off Popo Road, Behind Boma Hotel,

Nairobi

Kenya

Subscribe to tenders service

For more detailed tenders you can subscribe to our Tender Subscription Service.

By partnering with a global information provider, ESI Africa can offer a database of opportunities for the energy industry direct to your inbox.

An annual subscription gives access to tender notices across the African continent for all energy sectors.

Kenya hosts the “Sustainable Blue Economy Conference”

Posted by khaoula on

From the 26th to the 28th of November, Kenya is hosting a historic conference that has to do with environmental protection.

The three-day conference has high global support with over twenty world leaders in Nairobi for the event. A number of environment-friendly civil society organizations are also in attendance.

The major highlights of Nairobi Sustainable Blue Economy Conference are as follow:

  • After years of advocacy in the area, this is the first conference on Sustainable Blue Economy.
  • It is taking place across three continents. Kenya is hosting it with Canada and Japan as co-hosts.
  • There are 17,000 plus participants from some 184 countries involved in the conference.
  • It is under the theme: ‘The Blue Economy and the 2030 Agenda for Sustainable Development.’
  • It pools under one roof political leaders and government representatives from across the world, the African Union, United Nations organs and Commonwealth are also participating.
  • Other interested parties are as follow: The World Wildlife Fund, WWF; International Maritime Organization, IMO; International Seabed Authority, ISA; the World Bank; AFRIEXIMBANK; Ocean Foundation etc.

The Blue Economy and its importance

The Blue Economy is the economic benefit and value we realize from the Earth’s coastal and marine environment.

Sustainable Blue Economy is a marine-based economy that provides social and economic benefits for current and future generations, restores, protects and maintains the diversity, productivity and resilience of marine ecosystems, and is based on clean technologies, renewable energy, and circular material flows.

The website dedicated to the conference said: “The world has rallied around the enormous pressures facing our oceans and waters, from plastic pollution to the impacts of climate change.

“At the same time, there is international recognition that we need to develop our waters in an inclusive and sustainable manner for the benefit of all.

“The Sustainable Blue Economy Conference builds on the momentum of the UN’s 2030 Agenda for Sustainable Development, the 2015 Climate Change Conference in Paris and the UN Ocean Conference 2017 ‘Call to Action.‘”

The multi-pronged conference will primarily:

1. Identify how to harness the potential of the blue economy to create jobs and combat poverty and hunger.
2. Show how economic development and healthy waters go hand in hand.
3. Capture commitments and practical actions that can be taken today.
4. Bring together the players needed to transition to a blue economy

“Overfishing and its ecosystem impacts are increasingly becoming an equity and humanitarian issue; global leaders must urgently act together – with a strong sense of urgency –

“… to take the necessary, tangible steps towards an inclusive, sustainable blue economy, in the interest of the people of the region and the environment that supports them,” Frederick Kwame, Regional Director WWF Africa has stressed.

Investing in food matters. First ever Nutrition Africa Investor Forum to launch in Kenya

Posted by khaoula on

The Global Alliance for Improved Nutrition (GAIN), will host  the first-ever Nutrition Africa Investor Forum (NAIF) in Nairobi, Kenya, on October 16-17, it has been announced.

The aim of the forum is to bring together to and engage private sector investors to play a key role in improving nutrition across Africa.  The event is hosted in partnership with Royal DSM, a purpose-led global science-based company in nutrition, health and sustainable living recognized for its global fight against malnutrition, the SUN Business Network and African Business magazine.

The Nutrition Africa Investor Forum will highlight business opportunities in a largely underdeveloped market. From farm to fork, nutrient gaps in diets within low and middle-income markets constitute a largely untapped market worth USD$120bn. According to a recent study, no African country is expected to reach the UN target of ending childhood malnutrition by 2030.  In fact, malnutrition indicators remain “persistently high” in 14 countries, stretching across from Sahel from Senegal in the west to Eritrea in the east.

This challenge needs to be addressed. GAIN argues engaging the private sector is key in addressing this issue. Nutrition-sensitive capital investments along the entire food value chain are critical to drive better availability, access, affordability — and finally — consumption of nutritious foods.

IMF calls for East African interbank loan market

Posted by khaoula on

The International Monetary Fund (IMF) has recommended the formation of a cross-border bank-to-bank lending market, secured through physical surrender of collateral across eastern Africa. The IMF said a secured interbank market would be a true repo (repurchasing agreement) market as the region lacks such facility between banks.

Small financiers are the most affected by the lack of a regional market for banks to lend and borrow from each other overnight, as they have to pay a hefty premium to get emergency funds from regulators or larger rivals. IMF reckons banks could lend each other regardless of the location of the borrower in the region, especially as the countries race to set up structures for a monetary union in the next five years.

“A true repo market will be the safest way of integrating EAC money markets. The concept of a true sale is more uniformly understood (which) therefore makes cross-border trading easier. “So, for example, a Kenyan bank is likely to feel much safer lending to a Ugandan counterparty if it receives outright legal title to Ugandan collateral,” said the IMF.

Not vibrant

The multilateral lender notes that in Uganda, for example, the repo market is not vibrant and does not match the international standards.

For one, the market does not use the standard documentation such as the global master repurchase agreement (GRMA), which sets out the guidelines of how the trading is to be done legally. Tanzania is also in the process of adopting the GMRA, which Kenya adopted it in 2008 to pave the way for the horizontal repo.

The repo is supposed to redistribute liquidity in the banking sector with government securities serving as the collateral. Though used in Kenya, it is still not very popular nor widely used across the region as the monetary union is not yet in place. The Kenyan GMRA is also domestically oriented, rather than regional.

Horizontal repo

The IMF advises Uganda to adopt the GMRA as the basis for the horizontal repo market. “A true repo market will depend on a robust Master Repo Agreement (MRA).

There is no Master Repo Agreement in Uganda. Uganda does need to draft one from scratch; there are plenty of MRAs available across the markets that can be used as examples for Uganda and tailored as needed,” says the IMF. With regard to Tanzania, the IMF says such an agreement (GMRA) is a prelude to the adoption of a new monetary framework that uses interest rates as the anchor.

Source: https://www.businessdailyafrica.com/