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The World Bank board of directors recently approved $425 million in International Development Association (IDA) financing to support the provision of infrastructure finance in Eastern and Southern Africa.  The Regional Infrastructure Financing…
The government of the Republic of The Gambia has received US$ 43 million worth of funding to support the implementation of its Electricity Restoration and Modernization Project abbreviated as GERMP. The funds were received from the International…
The Namibian investment company Alpha Namibia Industries Renewable Energy Power (ANIREP) has recently completed the acquisition of stakes in two solar energy companies in Namibia; an Independent Power Producer (IPP) and an EPC company. The Namibian…
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…
•Inaugurates project•3,600MW to be generated, says Kyari•OPEC’s oil output lowest in 20 years as Saudi, others deepen cuts President Muhammadu Buhari yesterday inaugurated $2.8 billion Abuja-Kaduna-Kano (AKK) Gas Pipeline Project, with disclosures…
The Chinese company China Machinery Engineering Corporation (CMEC) has been awarded a contract worth about 243 million euros (about 160 billion CFA francs) to carry out the Gourbassi hydroelectric development project on the Falémé River, on the…
The International Development Association (IDA), a subsidiary of the World Bank Group, is lending $150 million to the Government of Niger. The funding is for the Kandadji programme to provide water and electricity to 330,000 people living in the…
The African Development Bank (AfDB) has signed an agreement for €30 million in funding from the European Union (EU). The funds are earmarked for the implementation of an interconnection project between Chad and Cameroon. The Cameroon-Chad…
Additional financing of some 122 million euros (80 billion CFA francs) will be injected into the project to build the 200 MW Sendje hydroelectric power station in Equatorial Guinea. The government of Equatorial Guinea has recently signed a loan…