Tuesday, July 16, 2019
The Emerging Africa Infrastructure Fund (EAIF) will be supporting the refinancing of Mozambique’s latest power station. The fund has signed a Participation Agreement with the International Finance Corporation (IFC), and will be supplying US$21mn in a B loan to the...
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...
Kenya hopes to construct its first nuclear power plant by 2027, Nuclear Energy Board Chief Executive Collins Juma has said. A special unit will be formed to source for funds for the project that is estimated to cost US...
South Africa’s power utility Eskom Holdings, is set to expand its transmission network after the African Development Bank (AfDB) approved a US $218m loan to help fund the upgrade and expansion of its transmission facilities. The funding will consist of...
Zimbabwean President Emmerson Mnangagwa is set to commission Kariba South power expansion project’s first unit on 24th December, 2017. The unit will feed 150MW onto the national grid. The project has been undertaken by Chinese state-owned hydro-power engineering and construction...
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...
ABDIJAN, Dec 9 (Reuters) - The African Development Bank said on Saturday it had approved a $100 million loan to develop a bauxite mine in northwest Guinea, as the West African country works to treble output by 2020. The money...
A responsAbility-managed energy holding company has acquired a 26% interest in Renewable Energy Holdings (REH), the owner and operator of run-of-river hydropower projects in Southern Africa. REH is the majority owner and operator of the 3 MW Sol Plaatje, the...
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 Rural Electrification Agency (REA) on Tuesday disclosed that  its study on Nigerian mini grid electricity development potential  revealed an annual investment opportunities of 9.2 billion dollars. Its Managing Director, Mrs Damilola Ogunbiyi, disclosed this while making a presentation...
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