Market Brief
Tembo Power to Build $352 Million of Hydro Projects in Africa, an Industrial Info Market Brief
Tembo Power plans to develop $352 million worth of hydropower projects in Kenya, the Democratic Republic of Congo and Burundi
Released Friday, May 01, 2020
Tembo Power, which is based in Mauritius, plans to develop $352 million worth of hydropower projects in Kenya, the Democratic Republic of Congo and Burundi.
The company already has signed a joint development agreement with South African private equity fund manager Metier for the 14.7-megawatt (MW) Kaptis project in western Kenya, which will use small-scale hydropower. The other projects are in various stages of development.
Industrial Info is tracking $103 billion worth of hydropower projects across Africa. Click here for a list, and see graph below for a breakdown by country.
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