Olsuswa Energy, the company owned by Kanu era tycoon Manga Mugwe, has received a grant totalling $980,000 (about Sh101.5 million) from the African Union Commission (AUC), towards the development of its Turkana geothermal power plant.
Mr Manga, the Olsuswa Energy director and the chairman of Mayfox Mining—currently prospecting for gold and other precious metals in Turkana—said in a statement the funds will go towards co-funding the development of the 140MW geothermal project.