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Mozambique’s publicly owned electricity company, EDM, says it has 300 million US dollars available to finance, over the next ten years, various interventions forming part of the first stage in its programme to ensure universal access to electricity…
Nigeria has threatened to cut electricity supply to neighbours Togo and Niger over a $16 million debt as the country’s power utilities grapple with capital deficits. The Managing Director of the Transmission Company of Nigeria (TCN), Mr Usman…
The Adam Photovoltaic Plant in Tunisia has been inaugurated. The plant has been set up by Eni’s subsidiary, Eni Tunisia BV in partnership with the national company, Entreprise Tunisienne d’Activités Pétrolières (ETAP). Solar energy The 5MW Adam…
Nigerian startup Rensource Energy has raised a $20 million Series A round co-led by CRE Venture Capital and the Omidyar network. The renewable energy company builds and operates solar-powered micro-utilities that provide electricity to commercial…
The Nigerian Electricity Regulatory Commission (NERC) says only three out 11 Electricity Distribution Companies in the country had metered more than 50 per cent of electricity customers under their coverage areas as at June 2019. NERC, the…
The power purchase agreement (PPA) for the Ségou solar project has just been signed by the Norwegian independent power producer Scatec Solar and Energie du Mali (EDM), the public company in charge of electricity production, transmission and…
The African Development Bank-managed Sustainable Energy Fund for Africa (SEFA) has approved a $990,000 grant to support the preparation of a 9-MW solar-hydro hybrid project in Burundi. The project consists of two plants, each featuring a solar and a…
The Board of Directors of the African Development Bank has approved a Partial Risk Guarantee (PRG) of $100 million to support the Sahofika hydro-power project in Madagascar, which will add 205 MW of renewable energy generation capacity to the…
The Nigerian economy lost a whopping N233 billion to gas flaring in 2018. This represented 3.8 per cent of the total global flare same year, a report by PwC Nigeria, one of the leading professional services companies has revealed. The report…