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Finnish Firm Eyes Thermal Stations For Cheaper Gas-fired Power

Finnish energy giant Wartsila is seeking to convert Kenya’s expensive thermal power plants to gas-fired power stations aimed at cutting electricity tariffs by half. The company wants to make thermal power investors switch to cheaper natural gas with the government’s support that would push down tariffs for diesel-generated electricity from Sh20 per kilowatt hour (kWh) […]

A Helsinki stock exchange-listed environment and industrial measurements firm Vaisala is Wednesday set to officially launch its operations in the country. [GARDAlign=’center’] The Finnish corporation, which expanded to Africa in 1980, mainly deals in supplying weather observation systems to aviation authorities and meteorological organisations. Locally the firm is behind the automated weather observation systems installed […]

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Finnish private equity fund and financial services group Taaleri Plc plans to invest Sh10 billion ($100 million) in East and South African real estate projects. Taaleri, in partnership with local private equity firm Cytonn Investments, has so far invested about Sh4 billion in the Kenyan real-estate market. The two companies are exploring more investment opportunities […]

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Finnish investment firm Taaleritehdas has opened shop in Nairobi with plans to invest up to Sh3 billion in Kenya’s real-estate market with its $60 million (Sh6.4 billion) Africa-focused fund. Taaleritehdas has already set aside some funds to develop properties with Cytonn Investments, a local private equity fund. Cytonn this week announced it had secured Sh1.4 […]

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Kenya women’s national volleyball team attacker Mercy Moim has been voted the Most Valuable Player (MVP) in the Finland Premier League. The 27 year old Kenyan star has been instrumental at Liiga Ploki since her September 2014 move from Kenya Prisons, scoring 442 points in 22 league matches and helped the Finish side qualify for […]

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