Wednesday, October 16, 2019
Renewable energy technologies have experienced dramatic cost declines in recent years, triggering a lasting surge in renewable energy development, writes Markus Steigenberger, international director of Berlin-based think tank Agora Energiewende. Advances in renewable technology in combination with growing concerns about the...
The World Bank has agreed to offer the Government of Liberia an initial US $500m for road projects across the country. This is according to Information Minister, Lenn Eugene Nagbe. The Information Minister, Mr Nagbe said the government is considering the offer in a...
The deals market in Africa will be slower this year than in 2017, but the region’s financial services sector is on the rise and looking to invest in technology, according to a new report. Mergers and acquisitions (M&A) across financial...
The African Development Bank (AfDB) will disburse €66 million (more than $77 million) for the construction of a bridge linking Cameroon and Chad. This was announced by AfDB on Monday, December 11, 2017. The 620m bridge which will link Yagoua (Cameroon) and...
South African state-owned power utility Eskom, has announced that its planned interruption of bulk supply to Khai Ma Local Municipality has been suspended after a sustainable payment agreement has been reached.    “Interruptions due to non-payment of Khai Ma Local Municipality’s...
Kenya has officially launched its second largest wind firm, the Kipeto Wind Power project by Overseas Private Investment Corporation (OPIC) – the US government’s development finance institution and Actis. The African Trade Insurance Agency (ATI), the Pan-African trade and investment insurer, said it has...
The Ethiopian Shipping and Logistics Service Enterprise has revealed plans to construct four dry ports in the coming two years. The ports are expected to create market chains with the expanding industrial parks and railway lines. In addition to the Dire Dawa...
August 15 (Renewables Now) - Botswana Power Corporation (BPC) has launched a request for qualifications (RfQ) ahead of a possible tender to award 100 MW of solar capacity to independent power producers (IPPs). The state-owned utility of Botswana has set...
Bamburi Cement company in Kenya has issued a warning that their profits will be substantially lower than the preceeding year signaling a continued slide in the fortunes of the company as this isthe second consecutive year of less than sterling...
Nigeria is set to export excess unutilized power to other West African countries. The export is expected to raise the quantum of electricity exported from Nigeria to the West African region. According to Usman Mohammed the Managing Director of the Transmission...
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