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Mozambique's publicly owned electricity company, EDM, owes its main supplier, Hidrolectrica de Cahora Bassa (HCB), which operates the Cahora Bassa dam on the Zambezi, about eight billion meticais (114.3 billion US dollars, at current exchange rates…
SolarX has recently completed a Class A fund raising organised by Energy Access Ventures (EAV), a seed investment fund. Based in Mali, the solar energy provider wants to conquer other markets in West Africa. Good news for SolarX. The solar energy…
The Chairman of the Nigerian Electricity Regulatory Commission (NERC), Prof. James Momoh wednesday disclosed that 11 electricity distribution companies (Discos) have recorded N1.736 trillion deficit in tariffs. Momoh made the disclosure during the…
The African Development Bank (AfDB) Group has concluded the investment of R2 billion (around $116 million) in Sustainable Development Goals-linked bonds (SDG bonds) issued by Nedbank South Africa. In a statement, the AfDB noted that this investment…
The Nigerian Content Development and Monitoring Board (NCDMB) has signed two separate equity investment agreements with Duport Midstream Company for the establishment of an energy park in Egbokor, Edo State and Eraskon Nigeria Limited, for a…
Uganda’s largest power distribution company, Umeme Limited, plans to launch an approximately US $83.27M electric power distribution project this year to improve the distribution network of the East African country. This was revealed by Selestino…
Kenya has overtaken India to become the number one market for solar systems, a new report shows. The report by the Renewable Energy Policy Network for the 21st Century (REN21), a global network of players in the renewable energy sector, is a…
Burkina Faso's National Agency for Renewable Energy and Energy Efficiency (Aneree) has recently launched a new solar energy programme in the country. Called the "Cluster Solaire -Burkina Faso", the programme will make it possible to develop a…
South Africa-based steel producer ArcelorMittal SA (AMSA) is inviting proposals from independent power producers (IPPs) to build two utility-scale solar projects as it seeks to reduce its energy costs. The company has launched a request for…