By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Independent News ExpressIndependent News Express
  • Home
  • International
    InternationalShow More
    Global Aid Cut
    New Report Reveals How Global Aid Cuts Affecting Women’s Organisations Aiding Women In Crises
    3 days ago
    UNICEF Raises Alarm Over 14m Children Worldwide At Risk Of Malnutrition
    1 month ago
    United Nations for Women
    In 8 Days, 830 Killed In Gaza – UN Women Raises Alarm
    2 months ago
    Sudan
    Beijing Declaration: Nations Reiterates Commitment To Rights Of Women
    2 months ago
    VFS Global
    VFS Global Launches Artificial Intelligence -Powered Chatbot For UK Visa Customers In Nigeria, 140 Other Nations
    3 months ago
  • Africa
    Africa
    Show More
    Top News
    AfDB Boss, Adesina To African Mayors: Let Us Act To Transform Africa’s Cities
    2 years ago
    2023 UN Water Conference: Nigeria Shares Success Stories In New York
    2 years ago
    First English Slave Fort In Africa Uncovered On Ghana’s Coast
    2 years ago
    Latest News
    Edelman Africa Launches Regional Advisory To Support Global Institution Growth In Africa
    2 days ago
    African Union Champions Artificial Intelligence for Africa’s Socioeconomic Transformation
    1 month ago
    United Kingdom Looks to Deepen Energy Trade, Investment Ties with Africa
    2 months ago
    African Leaders Unite to Mobilize African Investment and Financing for Implementing Agenda 2063
    3 months ago
  • Corporate News
    • Media Outreach
  • Politics
    Politics
    Show More
    Top News
    APC Groups In Southwest Revolt, Dump Tinubu/Shettima Ticket For Atiku
    2 years ago
    Mbah’s Victory In Enugu State Excites Nilayo Sports Boss, Olopade
    2 years ago
    Tinubu Is An Actualiser, He Worked Hard To Win Presidential Election – Prince Mohammed
    2 years ago
    Latest News
    LG Election: Stakeholders Appeal To APC Not To Allow Chairmen Run For 3rd term
    1 week ago
    More APC Chairmanship Aspirants Reject Indirect Primary For Local Govt Elections In Lagos State
    2 weeks ago
    Youth Party Sets May 18 for Lagos LG Primary Elections, Slashes Fees For Women and PWDs
    4 weeks ago
    Oyo State Faces Herculean Task in Picking Makinde’s Successor – Chief Ayorinde
    2 months ago
  • News
    • Agriculture
    • Breaking News
    • Tech
    • Maritime
    • Crime
    • Art & Culture
    News
    Show More
    Top News
    Ondo Governor, Akeredolu Begins Construction Of First Flyover In Akure
    2 years ago
    Celebration Of Life: Reverend Adewumi Jegede Of Later House Of God Assembly Buried Amid Pomp
    11 months ago
    Pa Abdulfatah Amoo Ayanwale
    Pa Ayanwale Dies At 76, Fidau Prayers Holds 8 August
    2 years ago
    Latest News
    FCTA Inaugurates FCT Lottery Regulatory Office
    21 hours ago
    Just 33% of Entry-Level Formal Jobs in Nigeria Are Held by Women, According to McKinsey’s 2025 Report
    3 days ago
    Ambassador Raffy Bell Hails Princess Ajana’s NCDC Appointment
    3 days ago
    25 years after, NDLEA gets forensic labs in Abuja, Enugu, trains 20 officers
    3 days ago
  • Entertainment
    • Comedy
    • Movies
    • Music
    • Television
    • Concert & Events
    Entertainment
    Show More
    Top News
    Come Play Naija Season 2 Finale, BB Titans, Other Shows On GOtv This Weekend
    2 years ago
    Bishop Obey-Fabiyi, Onaolapo, Back May 7 World Praise Day
    2 years ago
    Savy Henry Evicted From Nigerian Idol Season 8
    2 years ago
    Latest News
    Prestige, Impact: Why AMVCA is the People’s Award Show
    1 week ago
    Celebrating African Cinema: AMVCA’s Growing Influence in Global Entertainment
    3 weeks ago
    Boulder International Film Festival Announces 2026 Festival Dates
    4 weeks ago
    Voices of the Future: How MultiChoice Talent Factory (MTF) Filmmakers are Redefining African Storytelling
    1 month ago
  • Lifestyle
    • Fashion
    • Love & Life
    • Food & Drink
    • Travel & Tourism
    • Relationship
    • Sex
    Lifestyle
    Show More
    Top News
    YSMA
    Yemisi Shyllon Museum of Art and Toledo Museum of Art Launch Historic Cultural Exchange
    1 week ago
    Leadership
    CEO Shares 3 Qualities Every Effective Leader Has
    1 year ago
    ‘Artificial Nails, Wigs Attract Misfortune To Ladies’
    2 years ago
    Latest News
    Yemisi Shyllon Museum of Art and Toledo Museum of Art Launch Historic Cultural Exchange
    1 week ago
    Piracy in Africa’s Creative Sector: How Creators Can Protect Their Content
    4 weeks ago
    Fanti Carnival Returns To Lagos This Easter Sunday
    4 weeks ago
    Ara Adire Fashion Show 2025 To Celebrate Culture, Style And Creativity In Abeokuta
    1 month ago
  • Business
    • Banking & Finance
    • Oil & Gas
    BusinessShow More
    Pan-African Payment & Settlement System
    Nigeria Unlocks Intra-African Trade With New Pan-African Payment & Settlement System Policy Boost
    5 days ago
    Impact Of Online Trading Platforms Like Temu On Nigeria’s Economy
    6 days ago
    Unity Bank Launches GenFi, Targets Children, Teens With Gamified Banking Platform
    1 week ago
    Africa Energies Summit
    Africa Energies Summit in London Must Prioritize Hiring Black Africans
    2 weeks ago
    Fitch Rating: Lagos Economy Is Stable
    2 weeks ago
  • Health
    Health
    Show More
    Top News
    Lagos Moves To Tackle Neglected Tropical Diseases In 20 LGAs
    2 years ago
    2 Billion Genetically Modified Mosquitos To Release In The US
    Dangerous New Mosquito Breed Invades Ghana
    2 years ago
    IAS 2023: Health Leaders Celebrate Australia's HIV Success
    IAS 2023: Health Leaders Celebrate Australia’s HIV Success
    2 years ago
    Latest News
    First Lady Gives Paediatric Support To Indigent Patients At Lagos General Hospital
    20 hours ago
    Salt Awareness Week: CAPPA Urges Fed Nigerian Govt To Accelerate Salt Reduction Targets Regulation
    3 days ago
    VillageReach Names Dr. Ahmed Ogwell As CEO To Drive Its 2030 Strategy
    2 weeks ago
    Trump’s Trade War: Prescription Drugs Become a Target
    1 month ago
  • More
    • Sports
    • Aviation/Transportation
    • Deliverance Hour
    • Industry & Labour
    • Insurance
    • Interview
    • Judiciary
    • Metro
    • Opinion
    • Property
    • Religious
    • Romance
    • Science & Discovery
Reading: Kenya: KenGen To Host Africa Energy Forum 2023 In Nairobi
Share
Notification Show More
Aa
Independent News ExpressIndependent News Express
Aa
  • Home
  • International
  • Africa
  • Corporate News
  • Politics
  • News
  • Entertainment
  • Lifestyle
  • Business
  • Health
  • More
Search
  • Home
  • International
  • Africa
  • Corporate News
    • Media Outreach
  • Politics
  • News
    • Agriculture
    • Breaking News
    • Tech
    • Maritime
    • Crime
    • Art & Culture
  • Entertainment
    • Comedy
    • Movies
    • Music
    • Television
    • Concert & Events
  • Lifestyle
    • Fashion
    • Love & Life
    • Food & Drink
    • Travel & Tourism
    • Relationship
    • Sex
  • Business
    • Banking & Finance
    • Oil & Gas
  • Health
  • More
    • Sports
    • Aviation/Transportation
    • Deliverance Hour
    • Industry & Labour
    • Insurance
    • Interview
    • Judiciary
    • Metro
    • Opinion
    • Property
    • Religious
    • Romance
    • Science & Discovery
Have an existing account? Sign In
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Independent News Express > Blog > Business > Kenya: KenGen To Host Africa Energy Forum 2023 In Nairobi
BusinessOil & Gas

Kenya: KenGen To Host Africa Energy Forum 2023 In Nairobi

Last updated: 2023/06/13 at 8:45 AM
2 years ago
Share
SHARE

Back in 1998, Kenya Electricity Generating Company PLC (KenGen) became the first public utility to confirm attendance at the inaugural Africa Energy Forum (AEF). A quarter of a century later, the leading electricity generator in East Africa and a leading global geothermal developer will profit from its unwavering loyalty, as Kenya’s capital, Nairobi opens its doors to the event and a delegation of global innovators, decision-makers, financiers, ministers, and future game-changers.

Achieving ‘firsts’ is nothing new to KenGen, having been the very first public utility on the continent to offer shares on the Nairobi Securities Exchange (NSE), to ignite investments into the energy sector in the country as a result, to export skills to the continent and to catalyse new forms of electrification such as with geothermal. It is through these efforts that Kenya’s energy mix now comprises the highest proportion of renewables in Africa, amounting to close to 92 percent.

KenGen has also been no stranger to sharing its expertise and success stories through the lens of conferences. The organisation hosts an annual Good-to-Great Global Innovation seminar to give a voice to innovators from across their teams, to charge development, and to entice new ideas for the next phase of evolution. KenGen also hosted its inaugural annual Sustainable Energy Conference last year and plans are underway to hold the second edition later in the year.

The Company’s constant strive for improvement is especially poignant given that it was first incorporated back in 1954 with the mandate to generate electricity through the development, management, and operation of power plants. Regular restructurings, strategic pivots, and investment boosts have ensured that KenGen has moved with the times throughout its tenure, making it a natural fit for AEF – an event that has similarly sought to stay abreast of current challenges while also keeping ahead of the curve regarding future power requirements.

- Advertisement -
Ad imageAd image

KenGen Chairman, Julius Migos Ogamba, says: “Since its inception in 1954, KenGen has made considerable inroads in Kenya’s energy sector. With an installed electricity generation market share of 65 percent and an installed capacity of 1,904MW, KenGen is the largest energy producer in East Africa. In Africa, KenGen is currently working with electricity agencies in Ethiopia and Djibouti providing geothermal drilling services.”

For his part, Ag. Managing Director and CEO, Abraham Serem, affirmed the NSE-listed firm’s strategic direction going forward, saying: “The strategy remains to deliver competitively priced clean energy by creating value for shareholders and while expanding energy sources and revenue streams. The company’s installed generation capacity mix includes hydro 43%, geothermal 42%, thermal 14%, and wind 1%.”

KenGen’s full scope spans six operational areas, built of a geothermal area along the Great Rift Valley, with geothermal power plants and wellheads running as baseload energy sources in two of the sites – Olkaria and Eburru. The Western region has an installed capacity of 250MW encompassing four hydro stations, a thermal power plant, and gas turbine units. Meanwhile, the Eastern region is made up of five power plants along the Tana River cascade; compounded by four more in the Upper Tana region, as well as the Ngong wind plants in the outskirts of Nairobi. Today, hydro still remains KenGen’s leading source of energy, consisting of an installed capacity of 826MW.

This volume of generation across a diverse mix of sources epitomises why the company has become such a pioneer on the continent over the years, and why it has so much knowledge to share at events such as AEF. While it has been a concerted effort of the event to make Kenya the first mainland African host of AEF, it has also been an ambition of the country to leverage KenGen’s expertise and to open its doors to the world via such a global forum.

“One of the key economic drivers in Kenya is the tourism sector and conference tourism has grown to become a major contributor to the same. The government has therefore placed great importance to ensuring that Kenya is not only a global holiday destination but equally a global business and conference destination,” says Davis Chirchir, Cabinet Secretary for Energy and Petroleum, Republic of Kenya. “Taking place under the important theme of ‘Africa for Africa’, we look forward to welcoming AEF’s many partners and developers from across the world, as well as our colleagues from across Africa’s ministries and public sectors – all of whom are welcome, and we are grateful for their efforts to reduce the energy deficit, both regionally and across the broader continent.”

Merging a shared vision for a prosperous future in Africa, driven by energy innovations, Kenya will reaffirm at AEF its mission to invest significantly in future industries. This especially targets climate-resilient technologies for mining, carbon reduction, and the development of green industries, including green steel and hydrogen.

Mr. Chirchir continues: “We have already formed an inter-governmental Task Force to ensure that the forum’s delegates have an exceptional experience during their time with us in Kenya. This Task Force, which includes the Ministry of Tourism, is also supporting those planning to explore our great nation beyond the borders of Nairobi City, to enjoy the safaris in numerous parts of the country as well as several areas of outstanding national beauty along the coastline.

“We extend the warm hand of friendship to all those joining us and look forward to an exceptional week of productive meetings.”

You Might Also Like

Nigeria Unlocks Intra-African Trade With New Pan-African Payment & Settlement System Policy Boost

Impact Of Online Trading Platforms Like Temu On Nigeria’s Economy

Unity Bank Launches GenFi, Targets Children, Teens With Gamified Banking Platform

Africa Energies Summit in London Must Prioritize Hiring Black Africans

Fitch Rating: Lagos Economy Is Stable

TAGGED: Africa Energy Forum 2023, KenGen, Oil & Gas
INadminNG June 13, 2023 June 13, 2023
Share This Article
Facebook Twitter Whatsapp Whatsapp LinkedIn Telegram Email Print
Previous Article Nigeria: Access Bank Launches First American Express Cards
Next Article ITTF Hails Oshodi’s NOC Appointment 
about us

Independent News Express (iNews Express), a publication of 4Ds Nigeria Limited, is birthed out of the desires of the founding fathers to report News as it is.

We value Professionalism, Excellence, Service, Creativity and Integrity.

The Company

  • Home
  • About Us
  • Contact Us
  • Privacy & Policy

Quick Links

  • Advertise with us
  • Newsletters
  • Deal

Categories

Find Us on Socials

© Independent News Express. All Rights Reserved.
Welcome Back!

Sign in to your account

Lost your password?