Friday, February 15, 2019
The Africa Development Bank (AfDB) is planning huge developments in grid-connected and off-grid solar to support countries in electrification and mitigating climate change across the Sahel region by 2020. As well as offering to support African countries insuring themselves against...
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...
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...
Nigeria will probably maintain its system of multiple exchange rates, which the International Monetary Fund has long-urged it to scrap, until at least early 2020, according to Moody’s Investors Service. Merging the naira’s various rates any sooner might force the government...
ZIMBABWE has become a magnet for billionaire global firms such as General Electric (GE) and the Enel Group of Italy, in what is seen by observers as a massive vote of confidence in the country’s investment opportunities and critically,...
Prior to the COP23 gathering, the EU Energy Initiative Partnership Dialogue Facility (EUEI PDF) developed and launched a study on Future Energy Scenarios for sub-Saharan African Cities which analyses the main megatrends that will shape the future of African...
‘The investor meetings have shown fantastic African interest because of the consumer growth,’ said CEO Christian Chammas. Vivo Energy’s bet on fuel demand growth in Africa earned it a market value of almost £2 billion ($2.7 billion) in the largest...
The government of Uganda has signed the contract for the construction of the $4bn oil refinery, offering further clarity on how the country's oil resources will be exploited. Minister of Energy and Mineral Development, Irene Muloni, signed the contract with...
InfraCo Africa, part of the multi-lateral Private Infrastructure Development Group (PIDG), has signed a joint development agreement worth US$3.1mn to develop the Khoumagueli Solar PV project in the Republic of Guinea The Khoumagueli project aligns with the government of Guinea’s...
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...
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