Tuesday, May 26, 2020
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...
Scientists at the University of Cambridge have discovered that fuel cells can be powered by living algae, which is five times more efficient than current models. According to a statement, it is thought they could one day be used to provide...
Gender equality could have a significant impact on rural electrification moves in sub-Saharan Africa, new data suggests. Fenix International, which sells off-grid solar kits in Uganda and Zambia, has uncovered a gender difference: Although only 20 percent of its kits...
The Danish power plant specialist Burmeister & Wain Scandinavian Contractor (BWSC), in consortium with MAN Diesel and Turbo (MDT), has been awarded US$150.26mn contract to build a 120MW gas-fired power plant in Benin The project entails construction of a whole...
The government of Mozambique is set to construct a gas-fired power station in Beluluane, in Boane district about 30 kilometres west of Maputo. Beluluane Gas Company SA received approval from the government allowing them to develop the power station that...
The African Development Bank disbursed more than €71 million for the construction of a 714 km high voltage power line. The infrastructure which will link N’Zérékoré (Guinea) and Sanankoroba (Mali), will enable the electrification of 201 villages and provide a...
Rooftop solar provider, Off Grid Electric, in partnership with EDF, are set to expand their off-grid solar solutions offering to households in Ghana. Off Grid Electric has secured the largest venture equity investment worth US $55m in Series D funding...
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...
One of Mozambique’s newest and strategically most important power stations has been refinanced with the support of the Emerging Africa Infrastructure Fund (EAIF). EAIF has signed a Participation Agreement with the International Finance Corporation (IFC) to provide a $21million B...
The head of Libya’s National Oil Corporation, Mustafa Sanalla has said oil smuggling is costing Libya around $770 million annually. He said this while speaking at the first ever oil and theft conference in Geneva, Switzerland. He says at least 30 percent...
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