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Amsons eyes electricity production deal after Bamburi, EAPC buyout
Kenya is targeting to generate an additional 10,000 megawatts of electricity by 2032 to meet the sharply rising demand and cut reliance on imports from Ethiopia and Uganda.
Tanzanian conglomerate, Amsons Group, is seeking to build power generation plants in Kenya after completing the multibillion- shilling purchase of Bamburi Cement and East Africa Portland Cement (EAPC).
The firm, which Tanzanian tycoon Edhah Abdallah Munif owns, says it will enter large-scale power generation in Kenya.