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The Board of Directors of the African Development Bank (AfDB) Group has approved 210 million dollars financing package for the Nigeria Transmission Expansion Project (NTEP1). The bank in a statement issued on Friday said that the package sought to…
The board of the African Development Bank (AfDB) has approved the Transmission Company of Nigeria's (TCN's) Nigeria Transmission Expansion Project (NTEP-1) projects in a board resolution in Abidjan.
The NTEP is one of the projects under …
While encouraged by the achievement of an improved net profit for the six months ending on 30 September, financial and operational performance at Eskom remains a challenge.
Eskom has achieved an EBITDA (earnings before interest, tax, depreciation…
The Board of Directors of the African Development Bank Group on Thursday approved a long-term Senior Loan of $400 million to support the building of an integrated Liquefied Natural Gas (LNG) plant, including a liquifaction facility in Mozambique.…
A unit of Dubai-based Amea Power will build the project in Blitta prefecture, in the center of the West African country, with all electricity to be sold to Togo Electric Power Co. (CEET) under a long-term power purchase agreement.
With just one…
A project undertaken by a Tunisian-based EPC is set to remedy the electricity problems in Bangui, the capital city of the Central African Republic (CAR).
The project is funded by the Saudi Development Fund (FSD) under the umbrella of the CAR…
The World Bank Group, through its Scaling Solar programme, and the government of Côte d’Ivoire have signed an agreement to help the West African country develop its supply of affordable, reliable clean energy.
Côte d’Ivoire has plans to reach at…
Africa's only integrated nickel mining and smelting company, Bindura Nickel Corporation (BNC) will further push its smelter plant restart into its next financial year commencing in April 2020 owing to high power cost of running the plant at current…
The Renewable Energy Performance Platform (REPP) has recently launched a call for expressions of interest to finance renewable energy projects run by women. Interested project leaders have until January 15, 2020 to apply.
It is an initiative that…