Burundi has started construction of a 7.5 Megawatt solar field that will add 15 per cent powerto the country’s generation capacity. The project is being chaperoned by Gigawatt Global having invested $14 million to the entire project.
The Uganda Refinery Holding Company Limited (URHC) has appointed its first general manager Dr. Michael Nkambo Mugerwa.
Wema Bank Plc has launched a mobile branch “Wema Bank on Wheels” that will be accessible to everyone in all parts of the country.
SDX Energy Inc revealed it has agreed to acquire the Egyptian and Moroccan assets of failed AIM firm Circle Oil. A non-binding heads of terms agreement has been signed, and it gives SDX 30 days exclusivity to finalise a deal.
The AfDB Group appoints Nigeria's Wale Shonibare as Director for Energy Financial Solutions, Policy and Regulation
The African Development Bank is pleased to announce the appointment of Mr. Wale Shonibare as the Director – Energy Financial Solutions, Policy and Regulation with effect from 9th January 2017.
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.
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 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
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.
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 is on course for an upgraded electricity network thanks to an $11 million project which concentrated on transmission, distribution and generation.
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.
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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.
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, 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.
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, the infrastructure fund for Africa, has signed a joint development agreement (JDA) for an 80 MW (AC) solar photovoltaic independent power project in Nigeria.
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.
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.
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.
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
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'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.
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 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
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.
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.
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
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.
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 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’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.
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, 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 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.
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.
Electricity distribution company, Ikeja Electric, has launched in-branch payment terminals in 20 branches of the United Bank for Africa (UBA) across its network.
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.
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 Group’s subsidiary The Energy Utility Corporation Limited (EUCL) has embraced technology as it looks to winning over more customers through efficiency and transparency.
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.
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 rates while promoting development and climate goals, according to a new report from the New Climate Economy.
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).
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
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).
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.
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:
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
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 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.
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’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.
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.
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.
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.
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.
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’s energy sector has received a boost following the inking of a $75 million deal with Germany that will see boost power transmission.
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.
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 is counting on the upcoming third annual energy summit to sell the country to world investors.
Energy Bank Ghana will from Monday, October 3, 2016 begin its Customer Service Week celebration to appreciate customers for remaining loyal to the brand.
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.
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.
IFC collaborates with UK’s Department for International Development (DFID) to assist with solar systems in commercial and industrial sectors of Nigeria.
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.
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 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 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.
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.
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.
The Federal Government yesterday said that coal mining licences would be issued only to companies that are interested in generating electricity from coal.
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 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.
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 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.
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.
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
“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."
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.
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
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 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’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.
The Egyptian parliament has given a nod to an agreement connecting power grid between the country and Saudi Arabia, cementing their long economic ties.
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 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.
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.
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, 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
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 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.
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
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.
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’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 is in the process of enhancing its support for solar-powered electricity, having signed the nation’s first power purchase agreement.
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.