Energy Infrastructure Development helps economies
and communities struggling to meet their rising
demands for electricity. By designing, overseeing,
and securing financing for large scale energy
projects, RDEVCO meets this need and helps aspiring
people find success and build a brighter tomorrow.

Investing in the Energy Sector

Daily Monitor (Uganda): Investment in energy will improve the sector

According to an article in the Daily Monitor, "Power tariffs in East Africa are 5 to 10 times higher than in Egypt or South Africa." East Africa's power shortage issues demand increased private investments in alternative power sources. Shortages threaten economic stability, as well as the livelihood and security of people. With power tariffs already costly, any increase would make doing business more expensive.

Godwin Muhwez, author of this article highlighting the need for private investment, is a Communications Officer of the East African Business Council. He writes, "As East Africa continues to grapple with power shortage, a meaningful public-private partnership that goes beyond just catering for the interests of large investors and premised on good return for the private sector, will perhaps solve the current conundrum."

Hurdles to private sector investment such as these are the reasons why Richmond Development has the niche that it does. By serving as a one-stop-shop for financing, engineering and construction for energy infrastructure development, Richmond Development answers the call as governments seek to strengthen their ability to open markets for power generation.

Contact details

713 952 3472Telephone:
713 952 0932FAX:

E-mail: info@rdevco.com

Industry News and Developments

Financial Times: Call to help developing world on energy Opportunities abound for energy investments in developing countries. Authors of a recent UN world economic and social survey highlighted the need for industrialized countries to help developing countries build progressive sustainable...
Daily Monitor (Uganda): Investment in energy will improve the sector According to an article in the Daily Monitor, "Power tariffs in East Africa are 5 to 10 times higher than in Egypt or South Africa." East Africa's power shortage issues...
Forbes: Biofuel's Bright Future Forbes Magazine reports that the biofuels industry is "...creating new markets, renewable-energy jobs, entrepreneurial wealth, and a cleaner, more prosperous and brighter energy future." Investments in biofuels have led to emerging market nations such as China...