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The Chairman of Ikeja Electric, Kola Adesina, has revealed that by June this year the government together with power distribution companies (discos) will sign a performance improvement plan for the supply of energy. The agreement will outline the…
The Danish company Vestas Wind Systems is looking for a buyer for all its shares in the Lake Turkana wind power plant, corresponding to 12.5% of the capital. The wind turbine manufacturer had reached an agreement with the IT giant Google four years…
Persistent Energy Capital LLC, a venture capital firm has just raised $8 million through a crowdfunding action. The funds will be reinvested in solar energy providers in Africa. Persistent Energy Capital LLC has increased its capital. The Zurich-…
Ghana's Parliament has endorsed a contract agreement covering over US$993 million between the Government of Ghana and Power China International Group Limited for the construction of a multipurpose dam project at Pwalugu, in the Upper East Region.…
The Electricity Company of Ghana (ECG) has extended electricity supply to 500 communities in the Eastern Region through the Self-Help Electrification Project (SHEP) and the Rural Electrification Project (REP). The US$61.373 million project was…
The continuous low water levels on Zimbabwe’s biggest dam, Kariba, could see a 300% spike in electricity costs, as the country battles crippling power cuts of up to 17 hours daily, the United Nations Economic Commission for Africa (UNECA) has warned…
The Kenya Electricity Generating Company (KenGen) has been selected to carry out new geoscientific studies for the Akiira geothermal project in the Rift Valley in western Kenya. Akiira is a renewable energy project developed by a consortium of…
The Ministry of Foreign Affairs and the Ministry of Water, Irrigation and Energy of the Federal Democratic Republic of Ethiopia noted with disappointment the Statement issued by the United States Department of Treasury on the Grand Ethiopian…
Washington, DC – On February 27-28, 2020, U.S. Treasury Secretary Steven T. Mnuchin participated in separate bilateral meetings with the Ministers of Foreign Affairs and the Ministers of Water Resources of Egypt and Sudan. The United States…