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World Bank's private lending arm has loaned Mombasa Gas Terminal Limited (MGT) Sh2.5 billion to construct a liquefied petroleum gas terminal in the port of Mombasa. The funding was announced by the International Finance Corporation on June 2 and…
As part of government's plan to meet the target of Energy for All, Vice President Dr. Isatou Touray together with the minister of Petroleum and officials of Gambia National Water & Electric Company (NAWEC) on Saturday 5 June, laid the foundation…
THE government through the Ministry of Energy has allocated TZS 181 billion for rural electrification in 2021/22 fiscal year. Minister for Energy, Dr Medard Kalemani told the parliament on last week Wednesday that all villages will be electrified by…
An international consortium led by Powergrids plans to invest $100 million in three off-grid solar plants intended to power the cities of Gemena, Bumba, and Isiro, which are located in the country’s northern region and currently have no connection…
The Nagréongo power station is located about 30km northeast of Ouagadougou and scheduled for commissioning at the end of 2021. French renewable energy developer GreenYellow, a unit of the Casino Group, has been awarded a €21 million loan by Dutch…
Social Investment Managers and Advisors (SIMA) and Renewvia Energy Corporation, a global solar developer, announced their partnership to electrify rural communities in Kenya underserved by conventional utilities. The agreement includes a commitment…
The French company Hydroneo East Africa has signed an agreement with the investment consultancy Finergreen for a $1 million loan to develop the Mpanda hydroelectric project in Burundi. The plant, which will have a capacity of 10.2 MW, will reach…
The federal government has said that there's still a lot of financing gap in the country's power sector, requiring an immediate funding of $40 billion in the generation, transmission and distribution value chain. The government stated that from all…
ENGIE, Meridiam and FONSIS (Senegal’s Sovereign Strategic Investment Fund) announce the commissioning of two solar PV power plants as part of the Scaling Solar programme with a total production capacity of 60MW. The power plants Kahone Solaire SA (…