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...
JPMorgan Chase & Co plans to expand its African presence into countries including Ghana and Kenya, Chief Executive Jamie Dimon said in an interview on Wednesday.
“You’ll see us open in some countries we are not in, in Africa you’ll...
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...
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...
Algeria’s state-run oil company Sonatrach signed an agreement, Monday, with the Libyan National Oil Corporation (NOC) to run a number of crude oil fields located on the borders between the two countries.
The agreement included updating a study that was...
Crude oil prices rose above $70 a barrel yesterday, signalling that production cuts by the Organisation of the Petroleum Exporting Countries (OPEC) and non-OPEC had helped in tightening supplies.
International Benchmark Brent crude oil sold for $70.13 per barrel during...
Energy access in Africa is close to my heart. Bringing clean, renewable power to people instead of building coal-fired power stations is absolutely essential if we are going to tackle climate change.
Despite great progress in recent years, still every...
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...
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...
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...
