Kengen

KenGen Signs KSh 250M Geothermal Deal to Boost Eswatini’s Energy Independence

Kenya Electricity Generating Company (KenGen) has secured a consultancy contract worth KSh 250 million with the Eswatini Electricity Company (EEC). This agreement underscores KenGen’s expanding influence as a regional leader in renewable energy, particularly in geothermal power, a sector in which Kenya boasts significant expertise. The deal will see KenGen provide geothermal drilling and advisory…

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Tether Coin

Tether Reports Record-Breaking Profits of $5.2 Billion Profit in First Half of 2024

Tether, the leading stablecoin issuer, has announced a groundbreaking profit of $5.2 billion in the first half of 2024. This milestone highlights Tether’s robust financial strategy and its expanding role in global markets. Key Financial HighlightsIn the second quarter alone, Tether’s net operating profit surged to $1.3 billion, a significant increase from the $1 billion…

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