SinoHydro of China has announced that it will invest $214 million into the Nyabarongo II Hydropower Plant in Rwanda, boosting the country’s effort to achieve universal access to electricity by 2024.
The Zambezi River Authority (ZRA) has reduced water allocated for power generation at Kariba Hydropower Station due to falling water levels in the lake shared by Zimbabwe and Zambia.
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.