Kenyan tycoon to build Sh40bn Mozambique gas power plant

Kenyan tycoon to build Sh40bn Mozambique gas power plant

Great lakes Africa energy does not belong to him alone to start yapping ati mkenya ka-invest

UK to build gas-fired power plant in Mozambique
GLAE will develop, finance, build, own and operate a 250-megawatt gas plant.
Devdiscourse News DesK 22 May 2018, 12:07 PM Mozambique

  • The project is estimated at EUR 340 million and the memorandum is signed after the company was selected in a gas allocation competition. (Image Credit: Wikipedia)
The Government of Mozambique and a UK company announced yesterday the signing of a memorandum of understanding for the use of natural gas to be exploited in the Rovuma basin in the north of the country for the production of electricity.

Great Lakes Africa Energy (GLAE) will "develop, finance, build, own and operate a 250-megawatt gas plant," said Michael Kearns, director of GLAE, quoted in a company statement.

The project is estimated at EUR 340 million and the memorandum is signed after the company was selected in a gas allocation competition for domestic purposes, the results of which were announced in January 2017.

According to the company, the plant will be "one of the largest sources of electricity in Mozambique" and will allow accelerating the development of other industrial projects "that have been stopped due to the lack of a stable energy supply."

GLAE is a UK registered company established in 2013 that invests in energy solutions in the Great Lakes and Southern Africa regions. Exploitation of gas reserves at Rovuma is expected to begin in 2022.

UK to build gas-fired power plant in Mozambique | Global Edition
[emoji23] [emoji23] [emoji23] [emoji122] [emoji122] [emoji122] [emoji122] [emoji122]
 
jizee la 60s linatoa assignment ngumu kwa machokoraa na majobless ya kikenya.

mkishindwa kuthibitisha kwamba hiyo company ni yake peke yake, nyinyi nyote ni mamanzi wangu. [emoji23] [emoji23] [emoji23] [emoji23]
😀😀😀😀lakini lugha chafu aisee sio ya hio rika😀😀😀😀unsahau una miaka ngap😀😀😀
 
Well Kariuki sounds more African than Bakhresa. Mwisho wa siku lazima watawaelewa manyang'au.
 
Hahaha umeona eeh? kadoda11 anatumia sheng ya enzi za kina Jaramongi Oginga Odinga. Eti yule manzi msupuu aliingia kwa moti ya ponyii akapelekwa maraoo za duff mpararoo. [emoji38][emoji38][emoji38]
😀😀😀😀mbavu zangu aisee...naskia jamaa kaishi Nairobi
 
bakhresa anamiliki state of the art milling factories nchini rwanda, uganda,malawi, mozambique, zimbabwe,seychelles, south africa na nchini india.

pia anamiliki modern commercial apartments katikati ya jiji la dubai.

hizo ni investment zake zinazopatikana nje ya mipaka ya tanzania, sijataja zile zilizopo ndani ya tz.

thamani ya investment zake za nje ya nchi ni zaidi ya USD 900.

najua utarudi na povu la kutaka kubishana....utabishana na kivuli changu cos siku hizi nipo busy sana na shughuli zangu za kulijenga taifa. sina mda mchafu wa ku argue na wakenya...nilishawapuuza.[emoji23]
Bakhresa si ni muindi ama mwarabu? mbona hamna mtanzania mweusi tititi kama mulisaaa kwenye biashara ama nyiie ni vibaraka tu???
 
Bakhresa si ni muindi ama mwarabu? mbona hamna mtanzania mweusi tititi kama mulisaaa kwenye biashara ama nyiie ni vibaraka tu???
mulisaaa sio mtz, jamaa ni mkimbizi kutoka DRC. akaingia tz na sasa ni bibi ya mtu. I think sasa amekua na uraiya wa Russia alipoolewa.
 
Huyu Humphrey Kariuki ni jambazi, Bongo ashatimuliwa!

Red flag against Dalbit’s highly inflated Tazama tank farm project
ippmedia.com/en/business/red-flag-against-dalbit’s-highly-inflated-tazama-tank-farm-project

February 16, 2018
16Feb 2018

Finnigan wa Simbeye

Business
The Guardian

Red flag against Dalbit’s highly inflated Tazama tank farm project

THERE is concern among local contractors that a tender for the construction of a tank farm for Zambia Tanzania oil pipeline (Tazama) at Kigamboni in Dar es Salaam at U$ 288m has been grossly inflated by Kenyan based Dalbit International.

18.jpg


Sources told Property Watch that the three oil tanks each with capacity of 40,000 cubic metres was supposed to cost only U$ 65.5m as several other international construction companies which submitted their bids indicated.

“Dalbit’s bid was one of highest but the company ended up winning the tender for no good reason,” one of the local contractors lamented saying officials from both Lusaka and Dar es Salaam have colluded with the Kenyan based company.

The tender which has stirred controversy in Zambia which owns 65 percent of Tazama against 35 percent for Tanzania, was awarded to Dalbit last month. While the three tanks with capacity of 120,000 cubic metres fetch U$ 288, a similar project in Kenya with capacity of 110,000 cubic metres has only fetched U$ 60m.

Other international companies which submitted their bids for the tender were Zakhem International which also took part in the construction of Tazama pipeline in 1970s, China State Construction and Engineering, China Petroleum Engineering Company Limited and Fei MAC Limited.

“We call upon government agencies responsible for this project to intervene because taxpayers money is being embezzled,” said the sources at Tazama Pipelines offices in the commercial capital.

When contacted to explain reasons behind the awarding of the contract to one of the highest bidders, an official from Tazama tender board said the decision was done in Lusaka. “If you want any clarification then please contact Zambian Energy Minister, David Mabumba or Permanent Secretary Emelda Chola,” the official who refused to be identified said.

The Zambian media has also criticised the awarding of the contract saying the minister and his permanent secretary have to explain to taxpayers reasons behind the awarding of the tender to Dalbit International which is basically a cargo transportation company.

Dalbit Petroleum is owned by yule mwizi wenu Humprey Kariuki anayetaka kujenga power project Mozambique. Juzi mlikuwa mnamsifu!
Kenyan Tycoon Humphrey Kariuki to build a Sh40Billion gas plant in Mozambique - KenyaLiveNews


Mfonobong Nsehe
, CONTRIBUTORI chronicle Africa's success stories and track its richest peopleJanus Continental Group, into one of East Africa’s largest conglomerates while staying away from the limelight.

Modest in his personal life, calm in his demeanor, but audacious in business, Ndegwa has built a business conglomerate that includes The Hub - a premier shopping mall located in the beautiful leafy suburbs of Karen in Nairobi; Africa Spirits, Kenya’s leading manufacturer of Alcoholic beverages; Dalbit Petroleum, one of the largest oil distributors in East and Southern Africa, and Great Lakes Africa Energy, a U.K-based company that is a developer and operator of power projects in Southern Africa. These businesses collectively employ more than 3,000 Kenyans and foreign nationals. Ndegwa is also the owner of the 5-star Fairmont Mount Kenya Safari Club, and the neighboring Mount Kenya Wildlife Conservancy and Animal Orphanage. Since acquiring the Animal Orphanage from its American owners years ago, Ndegwa has spent a fortune providing shelter and professional care to orphaned, injured, neglected, abused or frightened wild animals, with the goal to releasing them back into the wild where they belong.

I recently had breakfast with the business mogul at his scenic ranch at his Wildlife conservancy in Mount Kenya, in close proximity to wandering Bongos, an endangered species of mountain antelope, which he is helping protect. He spent more than an hour recounting his success story, enlightening me about his conservation work, and musing on his African legacy.

Humphrey Kariuki Ndegwa
Humphrey Kariuki Ndegwa

What was your childhood like?

I was born in Nyeri County, in the Central Highlands of Kenya. I come from a family of ten siblings. My dad had six sons and four daughters; I happen to be the last of his sons. We grew up in a typical rural setting. In the mornings we used to wake up early to milk the cattle, cut the Napier grass and feed the animals before going to school. School was about 3 kilometers away, so we used to run to school and back. My dad believed in the power of education and so he insisted that all of us – both the males and females, acquired an education. I did my O’ levels at Nairobi School and subsequently proceeded to Kagumo High School for my A’ levels. After I completed my A levels, I had a break of 8 months, so I joined the Central Bank of Kenya. At the time, I actually got into the Central Bank because I had cousins and people who already worked there, and they were able to get me in. I was around 19 years old at the time, and I worked there as a clerical staff for a while. I was at the bottom of the ladder. I always tell people that in life you need to start from the bottom; the only place where you start at the top is when you’re digging a well. So I started as a clerk, and then went on to work in various other departments in the bank. I worked for the Export department, the Foreign Exchange department and the Imports department. It was a decent job, and I earned a decent income that was able to give me a comfortable living. But after moving around the various departments in the Central Bank, I decided I wasn’t cut out for this job. Also, I realized very early on in my life that I hated being subservient to people. And that’s one of the things that made me realize at an early age that I wanted to be an entrepreneur.

Tell me about your earliest entrepreneurial ventures

After working at the Central Bank for a while, I decided to take some time off to visit my elder sister in the United Kingdom. She lived with her husband in Norwich and she had a car she had been trying to sell for sometime but she couldn’t get the price she wanted. I convinced her to allow me travel back to Kenya with the car so I could sell it. She agreed, and I shipped the car to Nairobi. I recall that the car had a sticker that read ‘City Of Norwich’, and I would drive the car around Nairobi. One day, an English guy saw the car parked on the road, and he left a note on the car asking me to call him. When I called him, he told me he was also from Norwich and he thought a fellow British person owned the car. I told him my sister lived there and I was selling the car on her behalf. It turned out he was looking to buy a car, and I was able to sell it to him at double the price my sister was asking for. I gave my sister her money and kept the rest for myself. I was amazed, and I wondered: ‘Is this how easy it is to make money?’ So that marked my entry into the car business, and for several years it was my mainstay.

https://www.forbes.com/sites/mfonob...rving-endangered-animal-species/#3c8944036aa9
 
Back
Top Bottom