The African Export-Import Bank (Afreximbank) has confirmed the initial disbursement of $2.25 billion out of the…
Search Results for: national electricity
IFC Announces $30m Equity Investment in Africa Infrastructure Investment Fund
The International Finance Corporation (IFC) announced a $30 million equity investment in the Africa Infrastructure Investment…
ATIDI to Support 20MW Solar Project in Uganda
African Trade & Investment Development Insurance (ATIDI) announced its plans to support the 20 megawatts Ituka…
Petrobras Shifts Focus to Local Greenfield Projects
Petrobras, the state-run Brazilian oil firm, has announced that it would not invest in foreign wind…
TCN Disconnects Ajaokuta Steel from Grid Due to N33bn Debt
The Transmission Company of Nigeria (TCN) has disconnected Ajaokuta Steel Company Limited (ASCL) from the national…
Madagascar Hybridises Oil Power Plants with Solar PV, Plans 2nd Phase
Madagascar hybridises three large-scale heavy-fuel oil power plants with solar photovoltaic (PV) and plans to commence…
NSIA, All On Partner to Power Energy-deprived Communities
The Nigeria Sovereign Investment Authority (NSIA) and All On, a renewable energy investor, are collaborating to…
World Bank Grants Iberdrola €300m to Develop Renewable Projects
The World Bank’s private sector investment arm, the International Finance Corporation (IFC), has granted Iberdrola, a…
NIGUS Signs $1bn Agreement with Chinese Firm to Curb Gas Flaring
A Nigerian energy company, NIGUS International, has signed a $1 billion agreement with a Chinese firm,…
SAC Energy Implores Stakeholders to Allow OMCs in Ghana to Thrive
The Managing Director of SAC Energy Limited, a Ghanaian oil marketing company (OMC), Mr Samuel Duncan-William,…