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Kreditanstalt für Wiederaufbau (KfW), the German development agency, has signed a €20 million grant agreement with the state-owned Namibia Power Corporation (NamPower). The funding will be used for a large-scale electricity storage project in the…
THE Tanzania Electric Supply Company (TANESCO) is upgrading its power production stations to boost electricity generation in the country. The power stations currently under extension include Kinyerezi I which will generate 185 megawatts and Ubungo…
GECOL will establish PPP factories for electric meters, cables and transformer production. It plans to partner with local and foreign investors The state monopoly General Electricity Company of Libya (GECOL) has announced its plan to build…
In Zimbabwe, the authorities, with the support of the United Nations Fund for SDGs, have set up a Renewable Energy Fund (REF). This scheme will attract investment in hydropower, solar and biomass. Zimbabwe, which has been hit by drought in recent…
Bboxx is set to provide clean energy solutions in Africa. AGG’s loan to Bboxx will support the mitigation of an estimated 760,000 tonnes of CO2. Bboxx, a next-generation utility expanding access to clean energy and clean cooking across Africa, has…
The Minister of Energy and Mineral Development, Ruth Nankabirwa Ssentamu, has tabled the Electricity (Amendment) Bill, 2022 for first reading. The Bill seeks to amend the Electricity Act, Cap. 145 to among others increase funds allocated to the…
The Independent Power Producer (IPP) AG Energy has just obtained the authorization from the authorities in charge of energy in Libya, for the construction of a 200 MWp solar photovoltaic power plant in Ghadames. The first renewable energy project…
FG signs MoU with Sokoto and Bauchi state governments To provide 5 million SHS and mini-grid systems The Federal Government (FG) has signed a Memorandum of Understanding (MoU) with the Sokoto and Bauchi state governments to provide solar and mini-…
The United Arab Emirates (UAE) is launching a program to finance renewable energy projects in Africa. The program also aims to provide access to electricity to millions of sub-Saharan Africans this decade. Africa will be able to count on the United…