ENGIE and eleQtra a developer of power and transportation projects in sub-Saharan Africa, signed a Joint Development Agreement that defines the terms and the schedule for the development and construction of the 50 MW Ada Wind power project in the Greater Accra Region in Ghana. The project is expected to require an investment of approximately $120 million and to start operations early 2019. ENGIE will enter as a 40% partner in the project.
Acting President Yemi Osinbajo on Monday signed the 2017 budget almost four weeks after the National Assembly transmitted the appropriation bill to the presidency.
At...
South Africa's parliament will begin an investigation next week into state-run utility Eskom amid allegations of mismanagement in issuing government tenders, a legislator said...
Tanzania's government signed a $154 million contract on Saturday with the state-run China Harbour Engineering Company (CHEC) to expand the main port in the...
A developer, owner and operator of renewable power projects in emerging markets in partnership with EREN Renewable Energy, a global independent power producer, are delighted to announce the three winners of the 2017 US$7 million Access Co-Development Facility (ACF) - an innovative funding and support platform for renewable energy projects in Africa.
The three winning projects, hailing from Tanzania, Rwanda and Ghana, were selected from a technologically and geographically diverse pool of 82 entrants from 23 countries after having presented to a live panel of industry expert judges. The panel based their final selection on the commercial, technical and environmental merits of the projects presented, as well as the local regulatory environment and capability of the project teams. The winners will share the US$7 million pot provided by the Access Co-Development Facility as well as technical support and expertise
Sidi Tiemoko Toure has clear expectations concerning the G20 Africa Partnership Conference to be held next week in Berlin. "I will ask them to help us...
Efforts by the African Development Bank (AfDB) to upgrade Africa’s agriculture sector is yielding good results with about 5.6 million people benefiting from the Bank’s interventions in the past year.
Among other things, AfDB plans scale up its focus on regional integration in 2017 as an important part of its development work with the planned launch of a Regional Integration Strategy.
These were some of the details pulled from the Annual Development Effectiveness Review 2017 (ADER) released by the AfDB .
A new World Bank report released on Wednesday has called for increased private sector investment in Africa’s under-developed electricity transmission infrastructure, a vital ingredient for reaching Africa’s energy goals.
Africa lags the rest of the world when it comes to electricity, with just 35 percent of the population with access to power and a generation capacity of only 100 GW. Those who do have power typically consume relatively little, face frequent outages and pay high prices.
