The World Bank has announced that its board has approved a $1 billion loan to help South Africa reform its energy sector, as the country tries to overcome regular power cuts that have curbed economic growth.
Nigeria is in the grip and another widespread blackout as the country’s power grid collapsed catastrophically for the third time in five days.
Nigeria’s electricity distribution companies reported “a total system collapse” on 14 September as a result of a fire on a major transmission line.
The African Development Bank (AfDB), along with other partners, has committed to funding a $900 million multinational power transmission line between Mauritania and Mali. https://www.afdb.org/en
Nearly half of the projects awarded under the relaunch of South Africa’s renewable power purchase programme have failed, undermining plans to use wind and solar to ease the nation’s energy crisis.
ZESA Holdings has announced it is limiting its use of power from the Kariba South Bank Hydropower Plant in order to manage its water allocation from the Zambezi River Authority (ZRA).
South Africa’s Department of Public Enterprises has announced that the country’s first dedicated power transmission company could be unbundled from Eskom by the end of 2023, allowing IPPs to compete directly with Eskom.
The African Development Bank (AfDB), the French Development Agency (AFD), and the EU have agreed to provide $300 million to the government of Tanzania to build the 87.8 MW Kakono hydropower plant.
China Energy Engineering Group has proposed to construct a 1200 MW floating solar PV plant on Lake Kariba to help alleviate Zimbabwe’s electricity crisis.
South Africa’s Eskom returned two hydropower plants to Uganda’s government after Ugandan authorities declined to renew its licence.