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Export-Import Bank of India (Exim Bank) has, on behalf of the government of India, extended three lines of credit totaling $83.11 million to the government of the Democratic Republic of the Congo (DRC). The credit will be used to finance the…
Minister of Energy, John Peter Amewu, says the government is aiming at 100 percent electricity penetration and to also ensure that there is affordability. Currently, about 83 percent of the population have access to power. He added that a lot would…
Verod Capital Management (Verod) and Persistent Energy (Persistent) have invested $10m in Daystar Power Group, a West-African electricity company specialising in the generation of solar energy. The deal involved the issuance of a minority stake in…
Solar Nigeria for the People Limited (Solar Nigeria FTP), the Nigerian subsidiary of Solar Philippines at the weekend signed a Community Agreement with Ode Omi Community to invest about half a million dollars to build Nigeria’s largest rural mini-…
African Energy Commission (AFREC) has held a Regional Training Workshop on Energy Statistics and Energy Efficiency Data Collection for West and North African Countries on 19th to 21 March 2019 in Abidjan, Cote d'Ivoire as a part of the annual work…
The African Development Bank and KfW Development Bank will be partnering to catalyze implementation of recommendations contained in the 2018 Electricity Regulators Index (ERI) report for Côte d'Ivoire’s energy sector. This partnership arrangement…
Energy industry stakeholders attending the 5th Energy Access Investment Forum have called for a restructuring of the financing mechanisms enabling the development of off-grid and mini-grid connectivity in Africa. “Meeting the universal electricity…
The Federal Government is set to commence construction of Gurara hydropower plant after it announced to have completed the concession process required for the handing over of the plant to a concessionaire. Minister of Water Resources, Suleiman…
US $567.7m Isimba Hydropower Dam in Kayunga District Uganda has been officially commissioned by President Museveni. “The construction and completion of Isimba dam gives confidence to investors that Uganda has adequate and reliable electricity,” said…