• Home
  • Radio
  • TV
  • Advertisement
  • Disclaimer
  • Public Notice
    • Opinion
  • New Africa Business News
  • Contact
  • Log In
facebook
    • News
    • Business
    • Video
    • Entertainment
    • Sport
    • Jobs
    • Government
    • Immigrants
    • Investment
    • Gallery
      • Animal
      • Africa Map
    • NGO
    BREAKING NEWS
    Malawi’s Financial Market Dealers Association has advised the Reserve Bank of Malawi to latch Fissures in the Forex Market
    $5 Billion has been committed by the African Petroleum Producers Organization for the Establishment of the African Energy Bank
    $20 Million has been endorsed by the AfFB to enhance the business to strengthen investments for Climate-Smart Agriculture in Mozambique AfDB Divulged
    Nigeria’s Telecom Contribution to the Gross Domestic Product (GDP) Hits 16 per cent in the Second Quarter of 2023- report
    Philip Mpango Vice President of Tanzania called for a Global Partnership to address the existing Demographic Emergency
    Dr. Akinwumi Adesina President of the AfDB raised an eyebrow at the Improvement to Failing Global Financial Architecture
    N125 billion hoisted by MTN Nigeria through Commercial Paper Issuance by way to improve its Financing Alternatives
    Uganda will start to export Milk products to Algeria in October
    Ghana’s Ambassador to Togo Kofi Mensah Demitia strengthened existing Economic Cooperation between Ghana and Togo in the path of the African Continental Free Trade Area (AfCFTA)
    $1 Billion Committed by the African Export-Import Bank to the African Continent

    Kenya State Power Generation Company – KenGen has commenced a project in a bid Purchase all its Caravan from Fossil Fuel to Electricity-Powered

    Posted On 06 Dec 2022
    By : New Africa Business News, Staff Correspondent
    Comments: 8

    By Abdul Rahman Bangura-

    Photo Credit: The Star

    NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone– This project has begun, with the company buying four electric units – two SUVs from South Korea and two dual cabins from China – as initial instalment to fulfill as the pilot phase of the enterprise.

    The corporation’s policy and innovation General Manager – David Muthike warned the that, the company was seizing lead in the administration’s all-around agenda of decarbonizing Kenyan roads and economy.

    Additional three other stations will be up by end of 2023. Murang’a, Embu, and Kisumu counties have been set aside to host them within its power plants. Muthike told, their conception is to restore all the corporation’s vehicles to be powered by electricity and also utilize the impetus to impact the public, beginning with the matatu sector to go
    green.

    The firm is similarly enthusiastic in private car owners, who choose electric transportations to fossil fuel-powered vehicles.

    “We will go public by installing charging stations and infrastructure in many other places so that it becomes easily accessible. The concern and risk about climate change is a clear present danger that we must take seriously and act on it,” he stated.

    Muthike said the electric vehicles are way cheaper in terms of total ownership cost in the long run compared to petrol- and diesel-powered ones currently in use in the country.

    The electric vehicles, he said, have no bulk engine, only a battery that is charged, and its other parts are largely cooling systems, adding that this lowers the maintenance cost.

    “Electric cars are way faster and more efficient. Right now, you buy a liter of petrol for Sh180, but a kilowatt unit of electricity in the country is approximately Sh22, so spot the difference,” Muthike said.

    “The electric cars use around 0.2 kilowatt for a kilometer, translating to roughly Sh4.50 compared to around Sh18 for every kilometer when using petrol. So factoring the fueling cost and maintenance plus the fact that there is no emission, the electric vehicles gives you a better deal for your money.”

    A double cab pick up costs Sh7 million, but petrol-powered versions cost about Sh6.05 million.

    The motion is part of KenGen’s green energy evolution because, now, it produces 87% of its power from renewables. The power giant has been receiving carbon worth’s and that with the latest enterprise, he predicts revenue to rise.

    “We hope to start trading in the carbon market soon after accruing the credits,” Muthike noted.

    Sebastian Kalama, the Chief Technical Officer, told electric vehicles to pick up speed fast and it costs Sh5,000 to service, approximated to the Sh30,000 or Sh40,000 spent servicing fossil fuel cars. Electric cars are serviced after 10,000km compared to 5,000km for most petrol or diesel cars.

    “This car [double cabin] takes eight seconds of revving to hit 100 kilometers per hour kilometers” he said.

    The corporation’s action arrives as a fleet of 15 electric Public Service Vehicles have arrived in the country last week, sounding a quickness to change positions to ecofriendly public transport. The delivery of the buses is part of the nation’s proposals to ultimately phase out gasoline and petrol-powered PSVs.

    Kenya Ports Authority said the electric buses were ferried by BYD Automotive and belongs to BasiGo, a Kenyan e-mobility startup giving electric bus solutions to PSV holders.

     

    For New Africa Business News (NABN) Abdul Rahman Bangura Reports,  Africa Correspondent

    About the Author
    New Africa Business News Staff Correspondent
    • google-share
    Previous Story

    For Liberia, $2.28 million and a loan of $2.84 Million has been Signed by the Board of Directors of African Development Bank’s Transition Support Facility to boost Climate Resilient Food Production

    Next Story

    Of N4.2 Million being slated by the National Employment Directorate of Nigeria as Loan to 42 Unemployed Youths in Adamawa State to enhance Agricultural Production

    8 Comments

    1. James December 6, 2022 at 4:26 am Reply

      Like the reports. Enjoy reading your daily newsletters. Fan of this online newspaper. Lusaka in Zambia. James

      • New Africa Business News, Staff Correspondent December 6, 2022 at 4:46 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    2. Joe December 6, 2022 at 4:30 am Reply

      Abdul Bangura winner of Journalist of the year winner. You are the best. Thank you. Joe in Cape town in South Africa

      • New Africa Business News, Staff Correspondent December 6, 2022 at 4:46 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    3. Kenneth December 6, 2022 at 4:36 am Reply

      Thank you for the reports. Happy to see African Countries taking the leadership rule by saving our Continent and the World. Nairobi in Kenya. Kenneth

      • New Africa Business News, Staff Correspondent December 6, 2022 at 4:45 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    4. Haron December 6, 2022 at 4:42 am Reply

      Thank you Journalist Bangura for the report. Africa is going to be a SUPER POWER NO STOPPING. They know that, We know that. Let’s continue focusing on developments and have peace with all Countries. Haron in Johannesburg SOUTH AFRICA

      • New Africa Business News, Staff Correspondent December 6, 2022 at 4:44 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    Leave a Reply Cancel reply

    *
    *

    Members Area

    • Members Log In

    RECENT

    POPULAR

    COMMENTS

    Malawi's Financial Market Dealers Association has advised the Reserve Bank of Malawi to latch Fissures in the Forex Market

    Posted On 25 Sep 2023

    $5 Billion has been committed by the African Petroleum Producers Organization for the Establishment of the African Energy Bank

    Posted On 22 Sep 2023

    $20 Million has been endorsed by the AfFB to enhance the business to strengthen investments for Climate-Smart Agriculture in Mozambique AfDB Divulged

    Posted On 21 Sep 2023

    New Africa Business News, Africa Leader of the Year 2022-2023 Goes to Ethiopia's Prime Minister Dr. Abiy Ahmed

    Posted On 24 Feb 2023

    New Africa Business News 2022-2023 Person of The Year Goes to Professor Patrick Loch Otieno Lumumba (PLO Lumumba)

    Posted On 05 Jan 2023

    New Africa Business News, Person of the Year 2021-2022, Goes to African Women

    Posted On 29 Jan 2022

    Thanks for reading, Africa’s fastest...

    Posted On 26 Feb 2023

    Thanks for reading, Africa’s fastest...

    Posted On 26 Feb 2023

    Thanks for reading, Africa’s fastest...

    Posted On 26 Feb 2023

    Facebook

    Latest Posts

    Malawi's Financial Market Dealers Association has advised the Reserve Bank of Malawi to latch Fissures in the Forex Market

    $5 Billion has been committed by the African Petroleum Producers Organization for the Establishment of the African Energy Bank

    $20 Million has been endorsed by the AfFB to enhance the business to strengthen investments for Climate-Smart Agriculture in Mozambique AfDB Divulged

    Recent Posts

    • Malawi’s Financial Market Dealers Association has advised the Reserve Bank of Malawi to latch Fissures in the Forex Market
    • $5 Billion has been committed by the African Petroleum Producers Organization for the Establishment of the African Energy Bank
    • $20 Million has been endorsed by the AfFB to enhance the business to strengthen investments for Climate-Smart Agriculture in Mozambique AfDB Divulged
    • Nigeria’s Telecom Contribution to the Gross Domestic Product (GDP) Hits 16 per cent in the Second Quarter of 2023- report
    • Philip Mpango Vice President of Tanzania called for a Global Partnership to address the existing Demographic Emergency

    Categories

    • Business
    • Education
    • Entertainment
    • Featured
    • Government
    • Immigrants
    • Investment
    • News
    • NGO
    • Obituary
    • Opinion
    • Public Notice
    • Sport
    • Video

    Tag Cloud

    african economy business africa

    Contact Form

    1. Name *
      * Please enter your name
    2. Email *
      * Please enter a valid email address
    3. Message *
      * Please enter message
    Copyright 2019 New Africa Business News, Inc. A Global International Company, Inc. All Rights Reserved.