Wednesday, December 13, 2017
Egypt’s ministry of power will offer tenders in the first quarter of 2018 for the development of solar power plants with a cumulative capacity of 500MW. Arab and international companies presented their offers to the New and Renewable Energy Authority...
Guinea will be allowed $650 million in non-concessional borrowing under a new three-year International Monetary Fund (IMF) programme, allowing it to boost spending on infrastructure projects, the finance minister said on Tuesday. The IMF is itself lending Guinea - Africa's...
The renewable energy sectors of Ivory Coast and Morocco have both received a boost to further develop their planned projects. The African Development Bank (AfDB) has approved $324 million in loans to support renewable energy projects in these two countries,...
ABDIJAN, Dec 9 (Reuters) - The African Development Bank said on Saturday it had approved a $100 million loan to develop a bauxite mine in northwest Guinea, as the West African country works to treble output by 2020. The money...
The Nigerian government is planning to generate 3,000MW of electricity by the year 2020. The plan includes 10, 000 mini-grids which will energize under served off-grid communities across the country. The Managing Director, Rural Electrification Agency (REA), Mrs Damilola Ogunbiyi...
Kenya hopes to construct its first nuclear power plant by 2027, Nuclear Energy Board Chief Executive Collins Juma has said. A special unit will be formed to source for funds for the project that is estimated to cost US...
In recent years, many economies in sub-Saharan Africa have grown at an unparalleled rate. Economic fortunes are on the upswing, populations are booming and international investment is flowing into the continent. A consequence of this has been a commensurate increase...
Burkina Faso is now home to West Africa’s biggest solar farm, a 33-megawatt plant located in the town of Zatubi, outside the capital Ouagadougou. Built at a cost of $56.7 million, the 55-hectare (approximately 135-acre) farm is expected to power...
Facebook is launching a "community hub" and training program in Nigeria, its biggest market in Africa. The hub will offer support to tech startups and will also train 50,000 young people and SMEs in digital skills across the country. Opening in...
Growth in the electric vehicle (EV) market will boost demand for battery metals exponentially, driving exploration and investment in Africa. This was discussed during a live-streamed Mining Indaba panel on energy metals in which Cobalt 27 chairperson Anthony Milewski, Montero...

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