Accelerating private sector development The African Development Bank and the governments of Mozambique and Portugal have signed a Mozambique-specific Memorandum of Understanding for the implementation of a financing platform, involving the Bank, Portugal, Angola, Cabo Verde, Guinea Bissau, Equatorial Guinea Mozambique and Sao Tome and Principe, called the Lusophone Compact. The Compact will provide risk […]
Egypt to participate with EAPP countries Egypt is to work with East Africa Power Pool (EAPP) countries in an attempt to advance common goals in the energy sector. These goals include the greater use of renewable energy in rural electrification, improving energy efficiency and the planning of electricity projects ion the region. Speaking at a […]
International power company moves HQ to Uganda Fenix International, a large global energy group, is set to establish its global headquarters in Uganda – a country regarded as being highly entrepreneurial. The company says it will also relocate its engineering and technology development centre from San Francisco to Uganda. The company, which is expected to […]
Refinery’s power plant maintenance plan signed GE has signed a multi-year service agreement to support the power requirements of the Nigerian National Petroleum Corporation’s Port Harcourt Refining company. The twelve-year agreement includes the provision of parts, spares, repairs and services over two major inspection cycles for three units of the company’s aeroderivative gas turbines which […]
Universal electrification becoming a reality Kenya’s Lake Turkana Wind Farm is making the promise of nationwide access to electricity a reality. Electrification rates have reportedly increased from 28% in 2013 to 60% in 2017. The rate is expected to reach 80% by 2020. Lake Turkana Wind Farm is the biggest in Africa, with a generating […]
Trans-border gas pipeline in East Africa Tanzania and Uganda have signed an agreement for the construction a natural gas pipeline. This follows an earlier agreement, signed in May 2017, to construct a crude oil pipeline from Hoima in Uganda, to Chongoleani in Tanga. The project is led by French oil multinational Total as the main […]
Gas-fired plant extended, converted The Azito Power Expansion Project involves the expansion of an existing 288 MW gas-fired power plant located in Côte d’Ivoire, into a combined cycle plant, with the addition of a 140 MW heat-recovery steam turbine. The Ivorian privately-run power utility, Compagnie Ivoirienne de l’électricité (CIE), is the sole off-taker and will […]
Paving the way for more power generation The African Development Bank is providing almost US$65-million for the 670 km long high voltage transmission line linking four 220 kV substations in rural Tanzania. The project forms part of the development bank’s “Light up and power Africa” initiative. The new transmission lines and substations pave the way […]
Power project nears completion, financial close Ncondezi Energy’s integrated 300 MW power and coal mine project in Tete, Mozambique, is nearing completion. The company says its integrated financial model (FM) is ready for submission to Mozambique’s energy company and the mineral resources and energy ministry. The FM indicates that project economics can be maintained with […]
Large hydroelectric power project for Ethiopia Ethiopia Electric Power plans to develop a 550 MW hydroelectric power plant. EEP has invited private project developers to finance and foresee the construction of Didesa hydroelectric power project. The plant is estimated to have an annual gross energy generation capacity of 5580 GW, on a Built Operate Transfer […]
