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African Infrastructure Investment Managers (AIIM) has divested itself of two renewable projects in South Africa. The organization has announced the successful divestment of AIIF2’s 14% stake in Cookhouse, a 139MW wind farm, and 34% stake in REISA, a…
The Ministry of Finance and Economic Planning Monday signed a financing agreement with the World Bank worth $100 million (Rwf93.1 billion) to support Rwanda’s COVID-19 response in energy. The latest financing signed on Monday is part of the World…
The Multilateral Investment Guarantee Agency (MIGA) has issued guarantees that will support the design, development, construction, operation, and maintenance of Djibouti’s first utility-scale wind project. The guarantees amount to $91.6 million and…
Siemens Energy Limited said it has continued to provide support Nigeria's energy sector. Siemens, a leading service provider for the energy industry, said it remains committed to supporting Nigeria's oil and gas sector in this critical time. "…
DISTRIBUTED Power Africa (DPA) has moved into Zambia to roll out hybrid solar solutions for Commercial and Industrial businesses, on a lease financing basis. Distributed Power Africa is a subsidiary of the Econet Group of companies, which is a Pan…
Mozambican electricity access body the Fundo de Energia (Funae) has issued a request for expressions of interest to seek consultants to draft feasibility studies and project outlines for 11 solar mini grids. The agency said the studies will be…
Restoration work on the Camacupa hydroelectric dam, located on the Cunje I river in Angola's Bié province, will soon resume. This project is being resumed after a stoppage of more than three years for financial reasons. The Governor of Bié, Pereira…
The Lake Turkana Wind Power project has strengthened Kenya’s efforts to attain energy sufficiency, paving the way for reduction of electricity imports from Uganda and Tanzania. Kenya’s electricity imports from the two countries have increased…
The frosty relationship between the Transmission Company of Nigeria (TCN) and Distribution Companies (Discos) is taking its toll on the supply of electricity to Nigerians, THISDAY has gathered. Although the Nigerian Electricity Regulatory…