Extreme weather is menacing Tanzania and Kenya, the two ‘tiger economies’ of East Africa. Kenya and Tanzania are neighboring nations with a combined GDP of $250 billion, yet their economies remain vulnerable. As floods and droughts intensify, the damage to coal and hydroelectric power grids is immense.
“Each time extreme drought or flooding arrives, the hit to electricity generation, transmission grids and lost productivity costs upwards of $700mn just here in Kenya,” Joseph Siror, the chief executive of the Kenya Electricity Transmission Company, the largest state-owned power utility in East Africa.
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