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The 40MW Mocuba solar power plant in Mozambique was officially inaugurated this month by Mozambique President Filipe Nyusi. The plant is located close to the city of Mocuba in the Zambézia Province and will deliver 79GWh per year of much-needed…
Mutoko community is experiencing less hours of load shedding after a local Independent Power Producer, Nyangani Renewable Energy (NRE) started pumping its solar power into the national grid. NRE is the first solar scheme to be commissioned and to…
The 14MW Kikagati hydropower station being built on the border between Uganda and Tanzania has reached financial close, Emerging Africa Infrastructure Fund (EAIF) announced. This milestone means the first tranche of debt funding has been released…
The Government has designated 9,000 acres of land in Naivasha, Mombasa and Machakos as special economic zones (SEZs) as it steps up efforts to boost manufacturing. Trade and Industrialisation Cabinet Secretary Peter Munya gazetted the zones Friday…
Ethiopia is currently trying to set up a methodology for the calculation of electricity tariffs for mini-grid systems. Should the government’s work come to fruition, it can provide much-needed certainty to mini-grid investors. Africa’s off-grid…
B2Gold has completed a preliminary study to evaluate the technical and economic viability of adding a solar plant to its Fekola mine site. The results of that study indicated that it was a very solid project and that a plant of approximately 30MW…
IFC and MIGA, members of the World Bank Group, signed an agreement to support the development of a 252MW wind farm by Lekela in Egypt’s Red Sea governorate. In a statement, the IFC noted that it will provide $84 million in financing while MIGA will…
Africa Infrastructure Investment Managers (AIIM), a private equity fund manager, has recently completed a $300 million fundraising campaign aimed at financing projects in the energy sector in West Africa. Africa Infrastructure Investment Managers (…
East Africa’s quest for reliable, affordable electricity continues to be elusive, despite massive investments that have significantly increased generation capacity. Over the past seven months, the region has witnessed the commissioning of new…