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South African Government provides $4.9 billion bailout for Eskom
- 2019-02-21 04:55:33.314512
- David Flin
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.
Eranove signs agreement for power plant in Côte d’Ivoire
- 2018-12-21 04:39:23.910733
- David Flin
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 to sign $3 billion power plant deal
- 2018-12-14 05:46:07.658235
- David Flin
Tanzania’s President John Magufuli has announced that his Government will sign a deal for the construction of a $3 billion hydroelectric power plant.
Zimbabwe seeks funds to improve power infrastructure
- 2018-12-03 04:33:40.508836
- David Flin
A report from the African Development Bank (AfDB) states that Zimbabwe requires $1.2 billion to finance new power projects and repair ageing infrastructure.
Nigeria to add 945 MW to grid before end of year
- 2018-10-19 05:36:27.394712
- David Flin
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.
South Africa drops nuclear in favour of renewables
- 2018-08-29 06:01:00.124993
- David Flin
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.
ZRA increases water allocated to power generation at Kariba Dam Power Station
- 2018-08-13 05:36:12.035318
- David Flin
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 to build 8 hybrid solar-oil power plants in Gabon
- 2018-08-07 04:20:50.931993
- David Flin
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.
US Government to invest $175 billion into gas and power industry in nine African countries
- 2018-07-27 06:42:23.741130
- David Flin
The US Agency for International Development has announced an initiative to invest $175 billion to add 16,000 MW of gas-fired power in nine countries in sub-Saharan Africa by 2030.
Saudi Arabia’s ACWA Power to start new solar power project in South Africa
- 2018-07-16 06:55:56.542203
- David Flin
The Saudi Arabian renewable energy developer ACWA Power has said that it will start construction this year on a 100 MW solar energy plant in South Africa.
