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    African Development Bank Ordained Dr. Kevin Kariuki as Vice President in the Energy Sector

    Posted On 10 Mar 2020
    By : New Africa Business News, Staff Correspondent
    Comment: 0

    By Abdul Rahman Suagibu –

    Bujagali Hydropower Plant
    Photo Credit: SN Power

    NEW AFRICA BUSINESS NEWS ( NABN ) Freetown, Sierra Leonne- Africa Development Bank (AfDB) maintains Dr. Kevin Kariuki as Vice President in the Energy tapping into the Kenyan skill reservoir in the energy sector. Dr. Kariuki is to assume the responsibility commencing on April, 16th 2020. Dr. Kariuki is a chartered Electrical Engineer with a little over thirty years of familiarity in power systems development, renewable energy development, strategic energy partnerships, policy, and regulation.

    Dr. Kariuki is attributed with developing over $ 1.75 Billion privately financed infrastructure projects across Africa. He has to accomplished all these during his term at Industrial Promotion Services (IPS) Kenya Limited where he is presently the Head of Infrastructure Department. Modicum of the projects with his specks include;

    • 147 MW Ruzizi III hydropower Project (Burundi, Congo & Rwanda) worth $ 650M

    • 75 MW Kipevu II power Plant in Kenya worth $86 M

    • 250 MW Bujagali Hydropower project ;Uganda contributing 49% of Uganda’s energy need.

    • 2 West Nile Rural Electrification Project ( First to qualify under the World Bank Prototype Carbon Fund for Carbon rading).

    Prior to IPS, Kariuki functioned as the Head of Technical Division, Kenya Electricity Regulatory Board predecessor of ERC. He has also served as a non – executive board member at Kenya Civil Aviation Authority.

    He retains comprehensive knowledge and hands-on project development, investment, and management experience of the power sector and has worked on hands-successful power development projects.

     

     

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    Africa Continental Free Trade Area (AfCFTA) Secretary General to Headline Five Days Africa Private Sector Summit

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    • Africa Continental Free Trade Area (AfCFTA) Secretary General to Headline Five Days Africa Private Sector Summit
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    • Ghana Signs Trade Partnership Agreement with the United Kingdom
    • Malawi ‘s Betchani Tchereni advises the Administration of Malawi to decrease tax Rates thus the sweeping smuggling of Merchandises
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