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Total Results : 369

VRA claims Ghana needs $1.5 billion of power investment to end power crisis

  • 2014-11-18 00:49:03
  • Junior Isles
Ghana’s main power generator, the Volta River Authority (VRA), estimates that around $1.5 billion in investment will be needed to end the country’s power generation crisis.

IEA sees role for renewables in sub-Saharan Africa

  • 2014-10-15 22:57:31
  • Junior Isles
A new International Energy Agency (IEA) report released this week claims that renewables including hydroelectric power will satisfy almost half of Africa’s additional energy needs until 2040, despite anticipated sub-Saharan demand growing by 80 per cent as the economy quadruples in size.

Obama announces $33 billion of US investment in African infrastructure and business

  • 2014-08-07 16:28:57
  • Junior Isles
Speaking at the first US-Africa Leaders' Summit, attended by over 40 African heads of state, US President Barack Obama revealed the US government and US companies have pledged around $33 billion of investment to fund energy and infrastructure projects across Africa.

Nigeria’s 3 GW Mambilla plant signals new development plan

  • 2014-06-26 12:45:31
  • Junior Isles
Nigerian President Goodluck Jonathan has given approval for construction of the 3050 MW Mambilla power plant in the north eastern Taraba State, according to the Minister of State for Power, Mohammed Wakil.

Zambia’s CEC outlines $2.5 billion of hydro investment

  • 2014-06-19 23:09:27
  • Junior Isles
Zambia’s Copperbelt Energy Corporation (CEC) is planning to invest $2.5 billion in a new 700-800 MW hydroelectric power plant on the Luapula River in Luapula Province.

Globeleq acquires 300 MW of gas and oil capacity in Cameroon

  • 2014-06-17 22:08:14
  • Junior Isles
Globeleq, sub-Saharan Africa’s leading independent power generator, has acquired a majority interest in over 300 MW of natural gas and oil generation capacity in Cameroon.

Eskom postpones Koeberg bid selection

  • 2014-05-16 11:00:07
  • Junior Isles

South Africa’s state-owned generating utility, Eskom, has postponed the selection of the winning bid to replace six steam generators at the Koeberg nuclear power station.

World Bank announces $1.2 billion Nigerian power finance package

  • 2014-05-09 10:16:08
  • Junior Isles
The World Bank has announced that it has approved a package of loans and guarantees totalling almost $1.2 billion to support energy infrastructure projects in Nigeria.

Namibia plans $1 billion power infrastructure overhaul

  • 2014-04-22 22:39:41
  • Junior Isles
Namibia’s national power utility, NamPower, has unveiled joint plans with private utilities to invest over US$1 billion in the Southern African country’s power generation infrastructure as part of a plan to head off the prospect of serious power shortages.

GE reaffirms commitment to Nigeria

  • 2014-04-15 15:04:08
  • Junior Isles
US giant General Electric has said it will be working with the Nigerian government and generation companies to double Nigeria’s total generation capacity from 5000 MW to 10 000 MW by 2019.

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