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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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    $12 Billion Environment Financing Center - The Green Climate Fund permitted to earn African Equity Financial Investment to overcome the Impact of a Warming World

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    • $12 Billion Environment Financing Center – The Green Climate Fund permitted to earn African Equity Financial Investment to overcome the Impact of a Warming World
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    • New Era for Equatorial Guinea and Cameroon, Signing  Bilateral Agreement through Cross-Border Cooperation
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    • Dr. Akinwumi Adesina AfDB’s President maintains it is time to Develop Youth-Based Wealth to Bolster a Better Comprehensive Nigerian Economy

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