Afran : France to aid Kenya's geothermal firm
on 2009/10/21 15:59:05
Afran

NAIROBI, Oct. 21 (Xinhua)--The French government has agreed to give 7.2 billion shillings (97 million U.S. dollars) to Kenya's Geothermal Development Company (GDC) for the purchase of 2 rigs and capacity building for the new company.

A statement from the prime minister's office said on Wednesday that the French government has also agreed to increase funding for the Ol-Karia Geothermal Power project by 5.5 billion shillings (74million dollars) while pledging to help Kenya shift from reliance on fossil fuels to green energy.

The pledge for more funding for Ol Karia and support for green energy projects came after discussions between Kenya's Prime Minister Raila Odinga and Director General of the French Agency for Development (AFD) Michel Severino in Paris late Tuesday.

The pledge was made pending approval by AFD board. Odinga, who is in France with other government officials, is pushing for French involvement in Kenya's drive to expand its energy generation by tapping into alternative sources of power.

At a meeting at the French agencies headquarters in Paris, the premier asked France to support Kenya's attempt to shift from reliance on hydrocarbons and fossil fuels.

"Odinga asked for more French support for Kenya's efforts to develop solar, wind and geothermal power. He asked France also to support the country's migration from rain fed agriculture to irrigated farming," the statement said.

Support for greater agricultural production, the prime minister said, also called for support of the country's environmental conservation efforts.

Responding to Odinga's requests, Severino praised Kenya's efforts to shift to green energy, saying recent research have indicated that the energy gap reduces the GDP of developing countries by about one per cent every year.

He said nations relying solely on fossil fuels are taking a great risk, predicting that the cost of fossil energy will rise tremendously in the next two decades.

"We will work with you on green energy issues," Severino said. "People relying on fossil energy will find life very difficult in the coming years in terms of balance of payments and cost of energy. Green energy is the best investment a nation can make in the coming years. You can count on us on this," he added.

The AFD director general said his organization is "open" on matters of conservation in Kenya adding that France has watched Kenya's struggle to conserve its water towers with a lot of interest.

"My understanding is that the issue of conservation is a social and political one that is about the future sustainability of Kenya. We are open on this kind of program," he said.

The official asked the prime minister to take up the issue of cooperation for development of nuclear power with the French government directly.

The prime minister is in France largely to seek support for the initiatives to increase power generation in Kenya and environmental conservation.

He told the French officials that Kenya is suffering from severe energy deficiency and it is paralyzing the country's capacity to move forward.

He is scheduled to hold discussions later Wednesday with senior officials of the French government including Prime Minister Francois Fillon and Minister for Foreign and European Affairs Bernard Kouchner. energy with the two senior officials.

Previous article - Next article Printer Friendly Page Send this Story to a Friend Create a PDF from the article


Other articles
2023/7/22 16:36:35 - Uncertainty looms as negotiations on the US-Kenya trade agreement proceeds without a timetable
2023/7/22 14:48:23 - 40 More Countries Want to Join BRICS, Says South Africa
2023/7/18 14:25:04 - South Africa’s Putin problem just got a lot more messy
2023/7/18 14:17:58 - Too Much Noise Over Russia’s Influence In Africa – OpEd
2023/7/18 12:15:08 - Lagos now most expensive state in Nigeria
2023/7/18 11:43:40 - Nigeria Customs Intercepts Arms, Ammunition From US
2023/7/17 17:07:56 - Minister Eli Cohen: Nairobi visit has regional and strategic importance
2023/7/17 17:01:56 - Ruto Outlines Roadmap for Africa to Rival First World Countries
2023/7/17 16:47:30 - African heads of state arrive in Kenya for key meeting
2023/7/12 16:51:54 - Kenya, Iran sign five MoUs as Ruto rolls out red carpet for Raisi
2023/7/12 16:46:35 - Ambassador-at-Large for Global Women’s Issues Gupta Travels to Kenya and Rwanda
2023/7/2 15:57:52 - We Will Protect Water Catchments
2023/7/2 15:53:49 - Kenya records slight improvement in global peace ranking
2023/7/2 14:33:37 - South Sudan, South Africa forge joint efforts for peace in Sudan
2023/7/2 13:08:02 - Tinubu Ready To Assume Leadership Role In Africa
2023/7/2 11:50:34 - CDP ranks Nigeria, others low in zero-emission race
2023/6/19 16:30:00 - South Africa's Ramaphosa tells Putin Ukraine war must end
2023/6/17 16:30:20 - World Bank approves Sh45bn for Kenya Urban Programme
2023/6/17 16:25:47 - Sudan's military govt rejects Kenyan President Ruto as chief peace negotiatorThe Sudanese military government of Abdel Fattah al-Burhan has rejected Kenyan President William Ruto's leadership of the "Troika on Sudan."
2023/6/17 16:21:15 - Kenya Sells Record 2.2m Tonnes of Carbon Credits to Saudi Firms

The comments are owned by the author. We aren't responsible for their content.