Thursday, June 20, 2019

The Energy Commission of Nigeria has foreseen a growth of up to 100,000MW electricity generation in the country by 2030. According to Eli Bala, the ECN’s Director-General, the projection would be possible with an annual economic growth rate of 7% as well as...
The construction of a new health complex in Kilifi County is almost complete. The facility will have a cancer management unit that will offer radio and chemo therapy services to virtually 5% of residents fighting various types of cancers. The...
Malawi and Japan recently signed a grant aid agreement of US $3.4m for the improvement of water supply and revenue generation in Lilongwe through reduction of water loss. The grant aid will finance a project for the improvement of...
Abidjan, Côte d’Ivoire, 16 March 2018 – On Wednesday, March 14, 2018, the African Development Bank, rated Aaa/AAA/AAA (Moody’s/S&P/Fitch), priced a new US $2.0-billion 3-year Global Benchmark bond due 22 March 2021. This bond issue represents the Bank’s first public...
Underserved communities and businesses in rural Kenya are soon going to access the energy they need to improve their lives and boost their economy. Renewvia Energy, a solar energy solutions provider is helping achieve this milestone. Renewvia conducted a year-long...
The Rwandan government, Mara Corporation Ltd and SB Energy Corp have signed a Memorandum of Understanding to develop a 30MW solar power plant with a storage facility. The signing of the deal was during the International Solar Alliance (ISA) Conference which took...
A consortium led by Enel Green Power has been chosen as the preferred bidder to construct a 100MW solar photovoltaic (PV) plant in Metehara, Oromia, Ethiopia. The consortium, which also includes Ethiopian infrastructure firm Orchid Business Group, will invest around...
Nigerian Bulk Electricity Trading (NBET), a public liability company owned by the government of Nigeria, has inked a power purchase agreement (PPA) with Qua Iboe Power Plant (QIPP) to develop a $1.1bn power plant in Akwa Ibom. The move comes after...
French company VINCI Construction, in a joint venture with Andritz Hydro, has won a contract worth €284m to build the Abdelmoumen pumped storage hydroelectric plant (PSP) located 70km from Agadir in Morocco. The turnkey project is part of a plan...
Israeli company Shikun & Binui has secured a $309m contract to build an airport in the African country of Uganda. The project will be located in a rural area of the oil-drilling region near Hoima and Lake Albert in northwestern...
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