Wednesday, November 21, 2018
Global powerhouse, Siemens is set to invest in power production in Tanzania as it seeks to boost the goals of the country as far as energy is concerned. The German conglomerate has been a great pillar in the field...
The African Development Bank (AfDB) said it has achieved a 100 per cent investment in renewable energy in the outgoing year, 2017, and also recorded a cumulative of 1,400 megawatts (MW) power generation projects exclusively from renewables within the...
NamWater has started to repair the two pumping lines that convey water from the Calueque Dam into the canal which feeds northern Namibia. The two pumping lines at the Calueque Dam started leaking in December 2017, just before the...
Energy access in Africa is close to my heart. Bringing clean, renewable power to people instead of building coal-fired power stations is absolutely essential if we are going to tackle climate change. Despite great progress in recent years, still every...
Following prolonged delays in the expansion of the Hwange Thermal Power Station, due to financial constraints, the project has secured $116 million to proceed. The Zimbabwe Power Company (ZPC) is set to receive equity contributions from Standard Bank South Africa...
Following the increased interest by the federal government, more than 100 local and foreign companies have reportedly indicated interest in the development of the Ibom Deep Seaport in Ibaka, Mbo Local Government Area of Akwa Ibom State. Speaking during an...
The African Export-Import Bank (Afreximbank) expanded its shareholder-base, as it admitted JSC Russian Export Centre (REC), as the latest international financial organisation to join the institution. REC was admitted as a shareholder following its successful subscription to Class “C” shares...
Ethiopian officials, who have earmarked some 11.5 million hectares (28.5 million acres) of land for overseas firms to invest in agriculture, say Karuturi failed to make adequate progress on the land. Activists say neither side addresses the more critical issue...
Tycoon Humphrey Kariuki’s Great Lakes Africa Energy (GLAE) has entered an agreement with the Mozambique government to generate electricity using natural gas for domestic use at a cost of Sh40 billion ($400 million). The UK-based pan-African energy solution firm develops...
Construction of the mega Stiegler’s Gorge power project in Tanzania is set to begin before July this year. This comes after the State opened the bids for the 2100MW hydropower project in August last year and its construction will...
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