Africa Oil & Power Conference
Source: Africa Oil & Power Conference |

Africa Oil & Power launches Renewables, African LNG and Energy Finance Events at Africa Oil & Power 2020 in Cape Town

This year’s event will have a major focus on the driving factors behind Africa’s energy transition

Africa Oil & Power (https://AfricaOilandPower.com/) 2020 highlights African integration across borders throughout the entire energy value chain; AOP 2020 welcomes presidents, ministers, national oil company and utility heads, IPP and renewables executives and more for the fifth edition of Africa’s Energy Conference; This year’s event will have a major focus…

Siemens AG
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Source: Siemens AG |

Siemens supports Ghana’s transformation trajectory

Supporting Ghana’s goal of sustainable industrialization

Addressing energy and infrastructure challenges in Ghana; ensuring job creation and skills development of youth in Ghana; supporting Ghana’s goal of sustainable industrialization Siemens (Siemens.com) has signed a Memorandum of Understanding (MoU) with the Republic of Ghana to address the country’s energy and infrastructure challenges, while contributing to the Governments…

Source: ENGIE |

ENGIE / NAREVA consortium will build a 120 MWp solar power plant in Gafsa, Tunisia

The consortium will be responsible for developing, designing, financing, building, operating and maintaining the 120 MWp Gafsa photovoltaic power plant

The consortium led by ENGIE (https://www.ENGIE.com/) and NAREVA has been declared preferred bidder for the construction of the Gafsa photovoltaic power plant, which was launched as an international tender by the Tunisian Ministry of Mines and Energy and STEG (Société Tunisienne de l’Electricité et du Gaz”). The consortium will be…

Source: The Mauritius Commercial Bank Ltd (MCB) |

Capitalism for everyone: The Mauritius Commercial Bank Ltd (MCB) join forces with the AFRICA CEO FORUM to rethink the role of Africa’s private sector

With the role of capitalism sparking intense debate around the world and as the need to “do good” becomes increasingly pressing in Africa, 1,800 leading decision-makers from industry, finance and politics will come together in Abidjan to boost the impact of African companies

The eighth edition of the largest international gathering of the African private sector will be held on 9 to 10 March 2019 in Abidjan, Côte d’Ivoire; With the role of capitalism sparking intense debate around the world and as the need to “do good” becomes increasingly pressing in Africa, 1,800 leading…

Source: African Development Bank Group (AfDB) |

African Development Bank approves €8 million technical assistance grant to support preparation of Ruzizi IV Hydro Power Project in the Great Lakes region

The project will provide electricity to millions of households, as well as small and medium-sized enterprises and industries, thereby improving the living conditions of the regional population

The Board of Directors of African Development Bank Group (https://www.AfDB.org) has approved an €8 million grant drawn from the European Union’s Africa Investment Platform (EU-AIP) to support the preparation of the Ruzizi IV Hydropower Project. The plant will be situated on the Ruzizi River between Rwanda and the Democratic Republic…

Source: UK Department for International Trade |

Trade Minister hails lasting partnership with Morocco ahead of UK-Africa Investment Summit

UK-Africa Investment Summit will be held in London later this month

International Trade Minister, Conor Burns, will meet with Ministers in Rabat, Morocco today to reaffirm the UK’s commitment to investing in Africa’s future through trade. While there, Minister Burns will be the first UK Minister to visit the Noor Solar Plant, the world’s largest solar plant of its kind, as…

Source: African Development Bank Group (AfDB) |

African Development Bank sponsored Off-Grid Energy Access Fund reaches final equity close with partner contributions

The African Development Bank is the fund’s anchor sponsor with a $30 million contribution, and $8.5 million from the Global Environment Facility (GEF)

The Facility for Energy Inclusion’s Off-Grid Energy Access Fund (FEI OGEF) has reached a final equity close with $59 million in committed equity capital and $36 million debt facilities, to support innovative, off-grid energy access companies. The final close, reached on 18 November 2019, was made possible through a $15…

Source: African Development Bank Group (AfDB) |

Sudan: African Development Bank approves $21.783 million grant for roll out of solar-powered irrigation

The project meets the Sudanese government’s renewable energy and poverty reduction objectives as well as the Bank’s High Five and Energy Sector Policy

The African Development Bank’s Board of Directors (AfDB.org) has approved a grant to the government of Sudan to accelerate the adoption of solar-powered irrigation pumps in the country’s West Kordofan and North Kordofan states. The project will enable farmers’ adoption of renewable energy technology through the installation of 1,170 photovoltaic…

Phanes Group
Source: Phanes Group |

One of Malawi’s first solar energy project reaches financial close

Once complete, the project will add 46 MW of clean energy to the local power supply

One of Malawi’s first solar projects has reached financial close after attracting investment volume totaling $67 million USD. Initial site works have begun in Nkhotakota, and construction of the first phase is targeted for completion by March 2020. Once complete, the project will add 46 MW of clean energy to…

Source: African Development Bank Group (AfDB) |

Burundi: African Development Bank’s Sustainable Energy Fund for Africa (SEFA) grants $1 million to support innovative solar-hydro hybrid project

The innovative hybrid design is anticipated to regularize the power output during dry and wet season and mitigate power shortfalls caused by climate change

The African Development Bank-managed Sustainable Energy Fund for Africa (SEFA) (https://bit.ly/2tk3Zjd) has approved a $990,000 grant to support the preparation of a 9-MW solar-hydro hybrid project in Burundi (https://bit.ly/2EnEK1M). The project consists of two plants, each featuring a solar and a hydro component as well as a local distribution network…