Djibouti Offers KenGen KES 129 Million ($1 Million) in Debt Settlement

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(NAIROBI, KENYA) – Djibouti’s state-owned geothermal agency has offered to pay Kenya Electricity Generating Company (KenGen) about KES 129 million ($1 million) as a first instalment towards a five-year-old debt from a geothermal drilling contract. KenGen says in its latest annual report that the Djibouti Office of Geothermal Energy DevelopmentContinue Reading