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LIST OF DEVELOPERS
Ghana will invest $1 billion this year to refinance loans contracted by private power producers, as it seeks to cut costs and curb ballooning debt in its energy sector.
The West African nation and some of the contractors agreed on the plan during…
North East Governors Forum has appealed to the Federal Government to fast-track work on the Mambila Hydroelectric Power Project.
Making the appeal in a communique issued late Wednesday, and signed by its chairman, Gov. Babagan Zulum of Borno, after…
The African Development Bank’s Board of directors have approved $27.2 million in loan financing for the design, construction and operation of a 200MW photovoltaic (PV) solar power plant at Kom Ombo, in Upper Egypt on the river Nile.
The project is…
The 20MWAC Golomoti Solar project with a 5MW/10MWh lithium-ion battery energy storage system (BESS) in Malawi has secured finance from InfraCo Africa and its project partner JCM Power.
Golomoti Solar will be the first commercial-scale solar…
Vice President Yemi Osinbajo yesterday appealed to the international community not to block adequate financing for gas projects in Nigeria and other developing countries.
Osinbajo, at a meeting with a delegation of the European Union (EU)…
Gender-specific data, especially detailed information on how women and men use financial resources, is needed to improve interventions geared to closing the gender gap in energy access.
This was stressed by the African Development Bank during a…
Nigeria has recorded a peak grid electricity of 5,615 megawatts (MW); being the highest so far in its history.
According to a statement on Monday by the Transmission Company of Nigeria (TCN), the new milestone was attained on Sunday night.
TCN…
In an Africa Energy Indaba panel moderated by Standard Bank renewable energy head Rentia van Tonder, on March 1, she pointed out that a lack of financing remains a major prohibitor for power generation project development in Africa.
She said…
The World Bank says it has not provided any financing or guarantees to the Independent Power Producers (IPPs) that signed Power Purchase Agreements with Ghana or the Electricity Company of Ghana during the energy crisis in 2014-2016.
In a statement…