The World Bank and the African Development Bank (AfDB) have announced that they will commit over $47 billion by 2025 to help African countries tackle the effects of climate change.
GE Renewable Energy has been awarded a $87 million contract by Nachtigal Hydro Power Company (NHPC) to provide seven 60 MW Francis turbines for the new Nachtigal hydropower plant in Cameroon.
The South African Government has announced that it will give a 69 billion rand ($4.9 billion) cash injection to Eskom over the next three years.
An agreement for the financing, design, construction, operation, and maintenance of the Atinkou power plant near Abidjan, Côte d’Ivoire, has been signed by the Government of Côte d’Ivoire and the Eranove Group.
Tanzania’s President John Magufuli has announced that his Government will sign a deal for the construction of a $3 billion hydroelectric power plant.
A report from the African Development Bank (AfDB) states that Zimbabwe requires $1.2 billion to finance new power projects and repair ageing infrastructure.
Babatunde Fashola, the Minister of Power, Works, and Housing for Nigeria, has said that an additional 945 MW would be added to the Nigerian national grid before the end of 2018.
The South African Department of Energy has announced that the Cabinet has approved the draft updated Integrated Resources Plan (IRP 2018) which will see increased renewable energy generation in place of planned nuclear expansion.
The Zambezi River Authority (ZRA) has said that the Kariba Dam is 85 per cent full, and that it has therefore increase the water allocated to the two hydropower stations for power generation.
Engie has signed an agreement with the Gabonese financial institution Caisse des Dépôts et Consignations (CDC) to deploy eight hybrid solar power plants in Gabon, with a combined capacity of 2.2 MW.