Kenyan Telecommunications giant Safaricom is eyeing the electricity market following the enactment of a law that opened up power retail market to individuals and private companies. Earlier this month, Kenya has overhauled the regulatory framework of the energy and petroleum sectors with the enactment of two laws that put emphasis on increasing electricity connectivity. Under net-metering, households and companies connected to the national power grid and at the same time having their own rooftop solar panels will be allowed to inject their excess generated power into the grid. If you take the example of a big mobile company like Safaricom, we have a footprint that covers every corner of Kenya through base stations,” Safaricom chief corporate affairs officer Stephen Chege said. Currently, the firm is in the pay-as-you-go (pay per use) solar kits market through its Nairobi-based partner M-Kopa.

Source: The North Africa Journal March 19, 2019 15:22 UTC