Muringa Holdings managing director Gursharn Brar (second left) and TBEA’s international business co-ordinator Wei Hua sign a memorandum of understanding at Muringa’s Nairobi offices on November 27, assisted by Muringa director Elijah Kinyanjui (standing, left) and TBEA representative Zhang Zhan Gang. Picture: Phoebe Okall
A Chinese energy firm has chosen Kenya as its entry point into East Africa, where it expects to invest millions of dollars in the next three years.
Gnangdong-based TBEA has entered into a partnership with a local energy firm, Muringa Holdings, through which it will initially spend Ksh600 million ($80 million) on power generation and transmission in the region.
