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The Government has assured timely completion of the Julius Nyerere Hydropower Project (JNHPP) that is expected to produce 2,115 megawatts of electricity, noting that the execution of the project is progressing well. The project that is constructed…
The Exim Bank of the United States has approved a loan financing guarantee of US$91.5 million to facilitate the export of US engineering and construction services in the rural electrification sector in Senegal. With only a 33% rural electrification…
Madagascar has received US $4m from from the Trust Fund for Development (TFD), as part of a partnership between the Russian Federation and the United Nations Development Programme (UNDP) to implement water and electricity projects in three regions…
From now on in Mali, the import of renewable energy equipment will no longer face customs barriers. The decision was taken at the Council of Ministers meeting in Bamako on March 18, 2020. It aims to promote renewable energies in Mali. The West…
The federal government has paid over N240 billion between 2015 and December 2019 for power generated, but not transmitted through the national grid by the Transmission Company of Nigeria (TCN) for distribution, a senior government official told…
Ethiopia has signed a power purchase agreement worth $800 million with the developers of a 150 MW geothermal plant, the prime minister said on Thursday. The Horn-of-Africa nation, which is the second most populous on the continent, has the second…
The African Development Bank (AfDB) has received an award for its successful one billion Norwegian krone (NOK) social bond issued in 2019. This Environmental Finance 2020 bond award was given by an independent panel comprising 30 of the world’s…
The Government of São Tomé and Principe has reached an agreement with the African Development Bank (AfDB) Group for €12.46 million (more than 303 million Santomean Dobras) to support the Energy Transition and Institutional Support Programme (ETISP…
French developer Qair will start building a 5.8 MW floating solar array later this year on a lagoon on the East African nation’s main island. It claims the installation will be the world’s largest floating PV project to be built on saltwater upon…