30-10-2014 23:52:00 | by: Default Admin User | hits: 4299129 | Tags:

[Mali] Sunna Design to produce ‘made in Africa’ solar street lamps
16-01-2017 | 09:37:25
Known for launching the Akon Lighting Africa initiative, Solektra International has just announced a major partnership with Sunna Design, starting with the launch of the first solar street lamp assembly line in Bamako, Mali, to be operational as of February 2017.
Christopher Forlee appointed CEO of the National Energy Regulator of South Africa
12-01-2017 | 14:30:00
South Africa’s Minister of Energy Tina Joemat-Pettersson has appointed Christopher Forlee as CEO of the National Energy Regulator of South Africa (Nersa)
ENGIE signs an agreement for the development of Renewable Energies in Senegal
12-01-2017 | 09:20:46
ENGIE announces the signature of a partnership with ANER, the National Renewable Energies Agency in Senegal, to accelerate the development of renewable energies in the country.
SEFA to support Tanzania in establishing a Renewable Energy Investment Facility to finance rural energy access projects
09-01-2017 | 11:29:00
The African Development Bank-hosted Sustainable Energy Fund for Africa (SEFA) approved a US $870,000 preparation grant for Tanzania’s the Rural Energy Agency (REA) to structure the Renewable Energy Investment Facility.
SEFA grants USD1m to prepare community-owned hydropower project in Kenya
09-01-2017 | 09:30:00
The African Development Bank (AfDB)-managed Sustainable Energy Fund for Africa (SEFA) approved a US $992,000-grant to support the preparation of 7.8-MW hydropower project (HPP) in Kenya.
Sierra Leone invests $11 million in upgrading electricity network
05-01-2017 | 14:13:15
Sierra Leone is on course for an upgraded electricity network thanks to an $11 million project which concentrated on transmission, distribution and generation.
Dr. Kenneth Tarus appointed acting CEO and Managing Director of Kenya Power
05-01-2017 | 10:38:00
Kenya’s power distributor Kenya Power has appointed Dr. Kenneth Tarus as its acting Managing Director and CEO. He replaces Dr. Ben Chumo who has been at the helm since 2014 and is exiting after attaining the government’s mandatory retirement age of 60 years.
2017 IEEE PES PowerAfrica Conference | 27-30 June Accra, Ghana
04-01-2017 | 17:07:00
Meet researchers, executives, industry leaders, regulators, investors, and participants from ICT, energy, power & utility industries
World Bank and Egypt sign a USD1bn Loan to Support Inclusive Growth in Egypt
02-01-2017 | 10:20:59
The World Bank and Ministry of International Cooperation has signed the loan agreement for USD 1 billion for the Second Fiscal Consolidation, Sustainable Energy, and Competitiveness Programmatic Development Policy Financing (DPF) for Egypt.
[Cameroon] Eneo mulls moving operations to solar power with two 20 megawatts plants
23-12-2016 | 12:05:00
Eneo, owned by the British investment fund Actis and concessionaire of the public electricity service in Cameroon, has launched a call for expression of interest to recruit a partner who will develop two solar power plants in the northern area of the country. According to Eneo, the selected partner will have the status of independent electricity producer
IFC and MIGA Support Sankofa Gas Project to Help Ghana Shift Power Generation to Natural Gas
20-12-2016 | 09:58:00
IFC and MIGA, members of the World Bank Group, have announced the commitment of $517 million in debt and guarantees to support Ghana’s Sankofa Gas Project, an integrated offshore oil and natural gas project that will provide a source of reliable, affordable energy in the West African country.
New Investors join Scatec Solar to develop the 100 MW Nova Scotia Solar Project in Nigeria
20-12-2016 | 09:46:06
Scatec Solar has signed a Joint Development Agreement (JDA) with Africa50, an African Infrastructure Fund sponsored by the African Development Bank and more than 20 African States and Norfund.
Africa50 to Develop Solar Power in Nigeria
19-12-2016 | 10:30:00
Africa50, the infrastructure fund for Africa, has signed a joint development agreement (JDA) for an 80 MW (AC) solar photovoltaic independent power project in Nigeria.
Completion of Gibe III hydroelectric dam heralds cheaper electricity for Ethiopians
16-12-2016 | 11:28:00
The construction of Gibe III hydroelectric dam, which is located 470km south west of Addis Ababa, has been fully completed setting the stage for increased energy capacity for a country keen on ensuring electricity for all.
Mount Coffee Hydro project steers Liberia into energy sustainability and economic growth
16-12-2016 | 06:22:00
The turning on of Mount Coffee Hydro project for the first time in 26 years has been billed as the biggest milestone accelerating Liberia’s economic gains and bringing life back to the streets of Monrovia.
Kenya- US partnership to boost energy production
14-12-2016 | 10:53:00
The United States says it isworking with Kenya on additional six new energy projects including Nyakwere Hills Solar Photovoltaic, Olkaria Geothermal Power Plant, Lamu Gas-to-Power Project and Isiolo Solar PV Power Plant.
[Uganda] East Africa’s Largest Solar Plant Starts Operations
12-12-2016 | 12:33:00
Made up of 32,680 photovoltaic panels, the new 10 megawatt facility is the country’s first grid-connected solar plant and will generate clean, low-carbon, sustainable electricity to 40,000 homes, schools and businesses in the area.
Egypt Petroleum Company to receive $200m Afreximbank support for electricity generation and distribution expansion
08-12-2016 | 11:37:48
The African Export-Import Bank today in Cairo signed a $200-million loan facility agreement with the Egyptian General Petroleum Company (EGPC) to support the expansion of electricity generation and distribution in the country.
[Zimbabwe] Industrial consumers to pay in advance for imported power
07-12-2016 | 14:36:10
Zimbabwe's state electricity distribution company, Zesa Holdings Ltd, has asked industrial customers to pay in advance in foreign currency for power imported from South Africa and Mozambique as generation from the Kariba South hydro power plant slumps and because of a dollar shortage in the country.
[Morocco] World Bank, Ithmar Capital partner to launch Africa green fund
07-12-2016 | 05:54:59
The World Bank Group and Ithmar Capital, a Moroccan Sovereign Investment Fund, have entered into a Memorandum of Understanding relating to the establishment of a Green Growth Infrastructure Facility for Africa (GGIF Africa), the first pan-African fund dedicated to green investment in the continent.
Nigeria and Morocco sign gas pipeline deal to link Africa to Europe
06-12-2016 | 10:54:00
Nigeria and Morocco have signed a joint venture to construct a gas pipeline that will connect the two nations as well as some other African countries to Europe, Nigeria's minister of foreign affairs said on Saturday.
[South Africa] Swisatec and The Green Cab set to push the Green Transport innovation agenda in Cape Town
05-12-2016 | 09:15:00
The Green Cab and Swisatec (Blue Rock Village) are set to gear up and redefine the contemporary urban mobility landscape and change how developers plan and design security estates in the future.
[Kenya] Kengen to spend $8 billion in green energy projects
01-12-2016 | 15:06:53
Power generator Kenya Electricity Generating Company (KenGen) has announced plans to add 721 Megawatts of electricity from geothermal and wind sources to the national grid in the next five years at a cost of $8 billion.
[Nigeria] Jos Electricity Company to Install 100,000 Smart Meters By Year-End
01-12-2016 | 10:52:00
Jos Electricity Distribution (JED) Company Plc has disclosed that it is set to install over 100,000 new smart meters before the end of 2016, adding that the company has made plans to install a total of 250,000 meters before the of 2017.
AfDB and Algeria sign €900m loan agreement to support the country’s industrial and energy competitiveness
29-11-2016 | 09:46:20
The African Development Bank (AfDB) and Algeria have signed an agreement for a €900-million loan to support the country’s industrial and energy competitiveness.
[Nigeria] German firm, LTI ReEnergy, to invest N186bn in solar
29-11-2016 | 09:04:00
German firm, LTI Re Energy and its Nigerian partner, NIGUS International, have sealed an agreement to light up the zone through renewable energy resources.
[Nigeria] Shell, Yemi Alade partner for bright energy ideas
28-11-2016 | 10:59:00
Nigeria music icon, Yemi Alade, has taken the lead in spreading Shell’s #makethefuture campaign which aims to inspire youths and entrepreneurs for bright energy ideas that can help in the global quest for more and cleaner energy.
[Egypt] Renewable feed in tariff projects threatened by growing pullout by power companies
24-11-2016 | 17:03:09
Egypt’s feed in tariff projects have been thrown into disarray following a growing list of companies pulling out of the project, with the current numbers standing at 19.
Ghana produces big winners at the West African Power Industry Awards in Lagos this week
24-11-2016 | 11:16:00
ECOWAS Executive Director Mahama Kappiah, Mojec Meter and Power CEO Chantelle Abdul, Aggreko, Ghana’s GRIDCo and Solar Nigeria walked away with some of the top awards at the West African Power Industry Awards that took place in Lagos this week.
Siemens to assist Morocco produce electricity from waste
23-11-2016 | 05:14:38
Siemens, PEPS, and NST have signed an agreement to assist Morocco produce electricity through solid waste as the country looks to embracing renewable energy as part of its 2030 vision.
Orange and ENGIE pursue their commitment to the electrification of rural Africa
17-11-2016 | 10:00:00
Orange and ENGIE have today launched a plan to deploy nearly 1,000 solar kits in Senegal, Côte d'Ivoire and Cameroon. Several villages in rural areas have been identified to participate in the first phase of this pilot program, prior to deployment on a larger scale.
[Morocco] Saudi’s Acwa Power wins tender to develop fourth phase of solar complex
16-11-2016 | 14:30:15
A Saudi based company has won the tender to develop the fourth phase of Noor Ouarzazate solar complex located in the Souss-Massa-Drâa area in Morocco.
[Nigeria] Ikeja Electric Partners UBA on in-Branch Payment Terminal
15-11-2016 | 09:30:00
Electricity distribution company, Ikeja Electric, has launched in-branch payment terminals in 20 branches of the United Bank for Africa (UBA) across its network.
[Zimbabwe] Zesa enterprises sets eyes on regional markets to grow revenue
11-11-2016 | 15:30:03
A subsidiary of power utility company Zesa Holdings, Zesa Enterprises, Zent, has announced plans to expand operations across the region as it looks to tapping into foreign currency.
Morocco invests $100 million in World Bank green bonds
11-11-2016 | 13:54:59
The World Bank (WB) has announced the launch of $100 million in World Bank green bonds purchased by Bank Al-Maghrib, the Central Bank of Morocco, for its reserves management.
[Rwanda] Energy Utility Corporation Limited turns to technology to win customers’ trust
10-11-2016 | 13:27:54
Rwanda Energy Group’s subsidiary The Energy Utility Corporation Limited (EUCL) has embraced technology as it looks to winning over more customers through efficiency and transparency.
EDF and Off Grid Electric Announce Major Partnership and Bring More Solar to West Africa
10-11-2016 | 09:45:00
Off Grid Electric, a leading distributed solar company in Africa, and EDF, a global leader in low-carbon energies, today announced a partnership to supply competitive off-grid solar energy in Africa.
[Mozambique] Scatec solar in $80 million deal with government to supply electricity for 25 years
08-11-2016 | 13:38:58
Solar company Scatec Solar has entered into a $80 million deal with Mozambique which will see it sell electricity to the state owned company for 25 years. The deal will also see Mozambique build its first large scale solar plant starting early 2017.
Economic transformation can revive Africa’s growth miracle and protect the climate, says new report
07-11-2016 | 13:45:00
Economic transformation can revive Africa’s growth rates while promoting development and climate goals, according to a new report from the New Climate Economy.
AfDB approves €900m for Algeria’s Industrial and Energy Support program
07-11-2016 | 12:00:00
The Board of Directors of the African Development Bank (AfDB) on Wednesday, November 2, 2016, approved a €900-million loan to Algeria to finance the country’s Industrial and Energy Competitiveness Support Programme (PACIE).
[Morocco] Vivo Energy launches rapid battery charging station for electric cars
03-11-2016 | 16:03:03
Petroleum company Vivo Energy has installed a rapid battery charging station for electric cars at a Shell station in between Casablanca and Marrakesh in Morocco.
Scatec Solar and Norfund sign Power Purchase Agreement for Mozambique's first large scale Solar Plant
03-11-2016 | 10:00:00
Scatec Solar and Norfund have signed the Power Purchase Agreement securing the sale of solar power over a 25 year period to the state owned utility Electricidade de Mozambique (EDM).
[Mozambique] Households and business brace for tougher times as electricity prices rise
03-11-2016 | 06:43:25
Households and businesses are set for tougher times as publicly owned electricity company EDM has announced a revision of electricity prices upward by between 27 and 40 per cent.
[Nigeria] Oando announces YTD September 2016 Results, posts N330bn top line revenue
01-11-2016 | 13:30:00
Nigerian indigenous energy group, Oando PLC, listed on both the Nigerian and Johannesburg Stock Exchange, today announced unaudited results for the six months period ended 30 September, 2016, with the following highlights:
[South Africa] Swisatec to plan for Electric Vehicles at Blue Rock Village Cape Town
01-11-2016 | 09:51:00
The future vehicle is here. Our dependency on oil, coupled with the pollution, natural resources consumption and economic turbulence it creates cannot continue if we hope to see a sustainable future for the transport industry.
New Report Shows How Africa’s Electricity Providers Can Be Profitable and Still Make Electricity Affordable
31-10-2016 | 11:32:00
A new World Bank study outlines how Sub-Saharan Africa’s struggling power utilities can be financially viable and at the same time make electricity access affordable for the poor.
Ethiopian Electric Power inks loan agreement with Standard Bank for upgrade of power sub stations
27-10-2016 | 13:53:51
Ethiopian Electric Power and Standard Bank South Africa have signed loan agreement estimated at more than $100 million dollars aimed at financing the upgrade and rehabilitation of electric power sub-stations located in Addis Ababa.
Green acceleration programme clicks with Morocco’s businesses
27-10-2016 | 09:51:36
A project targeting young entrepreneurs with innovative ideas aimed at creating solutions to today’s environmental challenges has attracted the attention of start ups and entrepreneurs with 22 companies having embraced it so far.
[Uganda] Umeme moves to oil less transformers to tame rising vandalism
26-10-2016 | 08:46:14
Uganda’s power distributor, Umeme has moved to the use of transformers without oil as it seeks to cut on rising cases of vandalism while conserving the environment.
[Algeria] General Electric offers its garages for start ups to refine their prototypes
19-10-2016 | 16:39:37
General Electric in Algeria has opened up its garages to startups to test their prototypes coming at a time when majority have been struggling with access to a platform that can help them refine their prototypes before they are released in the market.
[Egypt] Siemens to start electricity generation in new power plant
17-10-2016 | 14:34:09
Engineering behemoth Siemens has announced plans to start electricity generation trials in Egypt’s Borollos power plant as the country looks to modern ways of tapping and producing electricity.
[Nigeria] Solar Power Launched for 40 Federal Varsities
17-10-2016 | 12:48:54
The Federal Government in conjunction with the German Energy Partnership Project in Ibadan, Oyo State, formally flagged off its independent power supply initiative to all the 40 federal universities in the country with the ground-breaking ceremony of a 10-megawatts solar power plant at the University of Ibadan.
South Africa basks in continent’s first solar-powered airport
10-10-2016 | 11:34:00
At first glance there’s nothing out of the ordinary about the regional airport in George, a town of just 150,000 residents on South Africa’s south coast.
[Kenya] Hashi Energy ventures into food supplies through $140 million deal with SS Lootah
07-10-2016 | 08:18:00
Oil industry player Hashi Energy has entered into a $140 million deal SS Lootah, a Dubai venture firm allowing it to move into the supply of food to the military and non-governmental institutions in the Democratic Republic of Congo.
Uganda, Germany signs $75 million power transmission deal
05-10-2016 | 15:25:29
Uganda’s energy sector has received a boost following the inking of a $75 million deal with Germany that will see boost power transmission.
AOG transfers ownership of pioneering bioethanol and green electricity operation in Sierra Leone
03-10-2016 | 10:56:00
AOG announces that it has transferred 75.1% ownership of Addax Bioenergy, its sugarcane bioethanol and renewable electricity operation in Makeni, Sierra Leone, to a group of investors led by Sunbird Bioenergy Africa Limited.
Nigeria, Republic of Ireland to Partner on Agriculture, Energy
03-10-2016 | 10:37:00
As part of its commitment to diversify the economy using agricultural and energy sectors as drivers to industrialisation, the federal government plans to enter into partnership with the Republic of Ireland to improve the skills of Nigerians in science, research and innovation.
Rwanda bets on energy summit to lure investors
30-09-2016 | 12:57:00
Rwanda is counting on the upcoming third annual energy summit to sell the country to world investors.
[Ghana] Energy Bank celebrates customers
30-09-2016 | 10:48:36
Energy Bank Ghana will from Monday, October 3, 2016 begin its Customer Service Week celebration to appreciate customers for remaining loyal to the brand.
[Zimbabwe] RioZim chooses Chinese group to design USD2.1bln power plant
29-09-2016 | 14:01:53
RioZim Ltd. chose a state-owned Chinese company to design a US$2,1 billion power plant it plans to build in Zimbabwe, which faces frequent blackouts, and is lobbying South Africa’s electricity utility to buy from the facility to help attract investors.
Egypt Announces Progress on Cuts to Costly Fuel Subsidies
29-09-2016 | 13:09:00
Two years after launching a concerted effort to sharply reduce subsidy programs that had proven unsustainable to the country’s government, Egypt has announced significant progress in the reduction effort, reporting a 28.7% drop in spending during the 2015-2016 fiscal year.
[Nigeria] IFC partners with DFID to accelerate solar power
29-09-2016 | 12:43:33
IFC collaborates with UK’s Department for International Development (DFID) to assist with solar systems in commercial and industrial sectors of Nigeria.
[Nigeria] Heyden Oil and Gas Expands Downstream Chain with over N10billion
27-09-2016 | 10:08:00
Indigenous oil firm, Heyden Oil and Gas has announced over N10billion investment in its downstream retail chain, which involved acquiring and rebranding 40 filling stations in Lagos, bringing to 50, the total number of outlets in Lagos and Ogun states owned by the firm.
[Kenya] D.light raises more funding to reach more off grid customers
26-09-2016 | 14:11:00
Solar solution provider d.light has secured $22.5 million which will now go into financing its PayGo business and increase lighting in homes and schools across Kenya.
Uganda and Ethiopia big winners at East African Power Industry Awards in Nairobi this week
22-09-2016 | 12:56:00
Uganda scored a double victory at the East African Power Industry Awards with the country not only winning the Special Recognition Award for outstanding leadership in the sector, but also scooping up the Award for Excellence in Power Transmission or Distributionfor the second year in a row.
Egypt to Begin $10B Privatization Plan with Oil Firms
22-09-2016 | 11:10:32
Egypt is set to launch its initial public offerings in government-owned companies with oil sector businesses, aiming to collect up to $10 billion dollars within three to five years, the minister of investment said.
[Egypt] Siemens partners with government to increase power production
20-09-2016 | 15:20:00
Siemens has entered into a partnership with Egypt’s Ministry of Electricity and Renewable Energy to set up two electricity production units in Beni Suef power plant at the heart of Egypt, with a capacity of producing 800 megawatts by November this year.
Toshiba to help Uganda exploit geothermal power
16-09-2016 | 05:01:12
Japanese engineering and technology company Toshiba Corporation has expressed interest in helping Uganda exploit its geothermal energy as the country looks to alternative energy to boost power supply.
[Nigeria] Coal Mining Licenses offered to electricity generating companies
15-09-2016 | 13:30:31
The Federal Government yesterday said that coal mining licences would be issued only to companies that are interested in generating electricity from coal.
[Egypt] General Electric launches challenge to encourage digital based solutions
14-09-2016 | 12:32:37
Multinational conglomerate General Electric has launched the GE Egypt Digital Innovation Challenge, an open innovation competition to encourage Egyptian minds to find digital solutions for some of the country's industrial challenges in healthcare, transportation, and energy.
Ethiopia completes electricity transmission lines installation boosting generation
14-09-2016 | 12:06:26
Ethiopia has finalized installation of transmission lines that will transfer power generated from the Ghibe III dam to the national grid in a landmark move that is set to boost electricity generation.
Ghana’s first solar energy generating kiosk launched
12-09-2016 | 14:55:00
SolarKiosk Ghana Limited, an NGO, has launched the first ever locally manufactured Solar Kiosk in Accra to provide energy to boost the socio-economic activities of people who lack access to power.
Puma Delivers first cargo of Bitumen to Nigeria
08-09-2016 | 12:34:00
Puma Energy delivered its first cargo of bitumen to its terminal located in Calabar, South East, Nigeria. The cargo was delivered under JV with WABECO Petroleum Ltd, registered as P.E. Bitumen Resources (Nigeria) Limited.
Cyprus and Egypt sign agreement for the transport of natural gas
08-09-2016 | 11:04:26
On Wednesday, the 31st of August 2016, an agreement was signed between Cyprus and Egypt which sets out the legal framework allowing companies to commence discussions on the transport of natural gas from Cyprus to Egypt via a sub-sea pipeline.
U.S. Climate Change Envoy Visits Nigeria
08-09-2016 | 10:53:00
The United States Special Envoy for Climate Change, Dr Jonathan Pershing, will today undertake a tour of a solar energy project in Abuja.
Innovative, interactive WAPIC programme in Lagos in November reflects Nigeria’s dynamic energy industry
08-09-2016 | 09:43:00
“Politics, policy, pricing and partnerships - the four Ps for the fundamentals of a successful power sector” says Natalie Bacon, programme director for the upcoming West African Power Industry Convention (WAPIC) taking place in Lagos from 23-24 November this year."
First solar power station in Egypt to sell electricity to private sector
07-09-2016 | 12:43:00
The first of its kind solar powered electricity station in Egypt is set for opening on 25 September and will sell energy to the private sector at a capacity of 1 megawatt.
Rwanda government targets rural population with modern renewable energy project
31-08-2016 | 14:42:35
A renewable energy project is set to boost the government of Rwanda’s efforts to increase access to electricity for its people at a time when there has been an unprecedented demand for energy across households and industries.
Department of Energy and International LNG Companies to discuss Next Steps for South Africa's Gas-to-Power Programme this October
31-08-2016 | 14:17:14
Government, international gas developers and finance institutions will return to the South Africa: Gas Options conference this October in Cape Town to address the requirements and opportunities associated with the country's 3,126MW gas-to-power programme.
ViZn Energy Systems and Jabil Inala Partner to Power Africa
30-08-2016 | 13:37:57
ViZn Energy Systems Inc. (ViZn), a leading provider of zinc and iron chemistry-based flow battery energy storage systems for utilities and microgrids, announced today that they will be partnering with Jabil Inala to offer turnkey storage solutions to the African power market.
Kenya Power to replace fuel with gas in its transformers to curb vandalism
26-08-2016 | 07:12:17
Kenya’s power utility company, Kenya Power is set to replace oil in its transformers with gas in a bid to tame growing vandalism for fuel that has led to incessant power outages.
Egypt, Saudi Arabia ink power deal
24-08-2016 | 07:34:00
The Egyptian parliament has given a nod to an agreement connecting power grid between the country and Saudi Arabia, cementing their long economic ties.
[Nigeria] BoI, Gombe Sign N360 Million Solar Power Agreement
16-08-2016 | 11:28:00
The Bank of Industry (BoI) and Gombe State Government have signed a N360million deal for the deployment of pay-as-you-go solar home systems in selected rural communities in the state.
India, Spain, Netherlands Buy 43 Percent of Nigeria's Crude Oil - NNPC
12-08-2016 | 11:36:00
India, Spain and The Netherlands have emerged biggest buyers of Nigeria's crude oil over a 12-month period, from June 2015 to May 2016, according to a document obtained, yesterday, from the Nigerian National Petroleum Corporation, NNPC.
Transcorp delays $1 billion power project over gas shortage in Nigeria
09-08-2016 | 11:40:00
Transnational Corp. of Nigeria Plc suspended plans to build one of the nation’s biggest power plants as a local gas shortage makes it difficult to obtain fuel and a downturn in Africa’s largest economy hinders efforts to raise funds for the project, Bloomberg reports.
Chinese firm to build factory for prepaid electricity meters in Kenya
08-08-2016 | 12:16:00
Power utility firms in East Africa will soon get locally made prepaid meters following the decision by a Chinese firm to open a factory for prepaid meters as it seeks to tap into growing billing market in the region
Fieldstone Africa set up shop in Kenya to tap into growing renewable energy interest
05-08-2016 | 14:57:08
Fieldstone Africa, a renewable energy consultancy firm in South Africa has set up shop in Kenya with a view to tapping the growing interest in renewable energy across the East African region
[Tanzania] Off grid electricity company deepens consumer connectivity with new retail shops
03-08-2016 | 08:03:00
The parent company of Tanzania’s largest solar company M- POWER known as OFF Grid Electric has unveiled a new consumer brand and opened its first retail shop in a bid to provide customers with reliable and affordable solar energy
Kenya inks deal with France to boost electricity access
02-08-2016 | 11:13:46
Kenya has inked a deal worth $37 million with France in a bid to add renewable power through mini grids. The deal is meant to boost electricity access to millions of Kenyans who are still not connected to the grid.
250,000 East Africans benefit from solar energy project
22-07-2016 | 11:35:39
At a time when the cost of electricity has been at an all-time high, locking millions of households in East Africa from the national grid, a company that deals with smart rent to own solar solutions in East Africa is recording impressive uptake of its produce
Nigeria National Council on Power adopts the Sustainable Energy for All Action Agenda
21-07-2016 | 10:17:00
The Nigeria National Council of Power (NACOP) has adopted the country’s Sustainable Energy for All (SE4All) Action Agenda during its 2nd edition that took place in Kaduna City from 11 to 15 July 2016.
[Nigeria] Oando announces earnings guidance for H2 2016
19-07-2016 | 11:21:00
Oando expects to report materially lower earnings for the second quarter of 2016 due to the impact of the Naira devaluation against the US dollar (“USD”), resulting in unrealized foreign exchange losses.
[Tanzania] Dar plays host to conference on liquefied petroleum gas
18-07-2016 | 08:27:00
Tanzania’s capital Dar es Salaam is this week playing host to producers and distributors of liquefied petroleum gas who meet to discuss among other issues ways of removing trade barriers.
Nigeria inks first ever solar PPA
14-07-2016 | 13:10:00
Nigeria is in the process of enhancing its support for solar-powered electricity, having signed the nation’s first power purchase agreement.
[Uganda] Diamond Trust Bank, AFD ink deal to finance green energy projects
13-07-2016 | 12:17:00
Diamond Trust Bank Uganda has inked a $9.7million credit agreement Agence Francaise de Development (AFD) that will see SMEs in the country receive soft loans for their green energy ventures.
[Kenya] Developers cut soaring construction costs by going green
12-07-2016 | 07:06:00
The biggest headache for property developers over the years has always been the ever rising cost of building materials. But this does not always have to be the case when embarking on new projects as developers are now learning that going green is cheaper in the long run.
[Nigeria] Africa Finance Corporation fuels expansion at Oil company, New Age, with $75m investment
04-07-2016 | 09:15:00
Africa Finance Corporation is acting as lead arranger for an up to US$425m senior mezzanine facility for New Age (African Global Energy) Limited, a privately held oil and gas exploration, development, and production company with assets primarily across Africa, to develop its existing assets and expand operations.
Essar Energy sells entire 50 percent stake in KPRL to Kenyan government
27-06-2016 | 19:41:13
Essar Energy Overseas Limited has announced that it will sell its entire 50 percent stake in Kenya Petroleum Refineries Ltd (KPRL) to the Government of Kenya (GoK).
[Nigeria] AFC and Harith merge to bring power to Africa
27-06-2016 | 10:11:00
Harith General Partners (Harith) and Africa Finance Corporation (AFC), two preeminent institutional investors based in Africa, have merged their power sector assets, expertise and experience to create a new energy entity combining both renewable and non-renewable power generating assets in Africa.
Three African Renewable Energy Projects Announced as Winners of the USD7m Access Co-Development Facility Prize
27-06-2016 | 09:59:00
Three projects from Nigeria, Madagascar, and Sierra Leone, fought off fierce competition from almost 100 entries to win a share of US$7million prize. The prize also includes a package of technical support designed to bring their renewable energy projects to life.