Saturday, November 17, 2018
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...
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...
Diversified mining and metals company South32 on Monday approved the R4.3-billion, 20-year Klipspruit life extension project at South Africa Energy Coal (SAEC), and at the same time set out to turn its South African energy coalbusiness into a standalone...
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...
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...
* Privately-held New Age (African Global Energy) said on Thursday its appraisal well to determine the extent of the Etinde field offshore Cameroon was successful. * Partners in the field comprise Bowleven and Lukoil . * “The recently completed second well,...
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...
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