CONTINUING TO ELECTRIFY
Despite this issue, the
CEO is confident in the company’s future growth and expansion. Indeed, the company has recently expanded inside the Kenyan market.
“We have been there for a couple of years and are slowly starting to get traction and have some interesting projects on the go there. We are using Nairobi as a base to serve the East African markets; trying to provide a good quality service we see as partly lacking there. Fundamentally the market is very positive – it looks good for medium to long term,” Masureik says.
In the upcoming years, New Southern Energy aims to continue expanding in Kenya, becoming a bigger player in the country’s renewable sector.
It would also like to expand into other countries across the continent, such as Botswana, working towards its goal for Pan-African electrification. A third and final objective is to integrate vertically with an energy fund, in order to help finance an increasing number of projects.
With an increasing interest in renewable energy across the African continent, New Southern Energy looks set to play its part in electrifying the region.
NEW SOUTHERN ENERGY
+27 (0) 11 805 0582 info@newsouthernenergy.com
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