Wednesday, January 16, 2019
The Democratic Republic of Congo (DRC) has signed a deal with the Chinese and Spanish partners for the construction of the US $14bn Inga 3 hydroelectric dam project. The consortium which is led by China Three Gorges, alongside a European consortium, led by Actividades de...
Laúca Hydropower Plant is about to become the largest hydropower plant in Angola, as the newly commissioned third power generation group brings the current installed power capacity to over 1,000MW. With these three generation groups in full operation, out of...
Construction of  phase one of US $190m Al Houara project in Morocco is set to be completed by the end of 2018 with the opening scheduled for the beginning of the second quarter of 2019. According to Abdullah Bin Hamad al-Attiyah,...
The first trans-border gas pipeline in East Africa is set for construction. This is after Tanzania and Uganda signed a deal for the construction of a natural gas pipeline at the end of a three-day Joint Permanent Commission Summit held...
The aim is to raise an additional 1 billion crowns in the autumn and to use some of the funds for projects. Denmark and six pension funds on Thursday launched a 4.1 billion crowns (483.85 million pounds) investment fund aimed...
The Government of Tanzania has set aside US $13.4m for the construction of the modern Sumbawanga Airport in Rukwa Region, and is set to kick off with immediate effect. Regional Tanroads Engineer, Eng. Masuka Mkina confirmed the reports and said that affected...
Nigeria’s state oil firm NNPC has extended its crude-for-product swap contracts, the country’s main avenue to meet the bulk of its fuel needs, until June 2019, sources familiar with the matter said. Despite having a refining capacity of about 445,000...
Tanzania Petroleum Development Corporation(TPDC) is currently seeking a transaction adviser in regards to it US$ 30bn natural gas project that is currently entering a vital developmental stage. This comes hardly a month after one of the gas pipeline development partners...
Cameroon is set to receive US $794.5m for the construction of 420 MW Nachtigal hydroelectric project after the World Bank approved of the investment package. According to World Bank country director for Cameroon, Elisabeth Huybens the investment in the clean energy...
The Government of Rwanda is set to receive US $266m from the African Development Bank(AfDB) to support the country’s program to improve electricity supply and transform into an export-oriented economy. AfDB Vice President for Power, Energy, Climate Change and Green Growth, Amadou Hott, confirmed...
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