First Independent Mena Newspaper
French investment firm Meridiam has launched a research and training program focused on renewable energy development in Dakar. The training program is managed by the International Centre for Training and Research in solar energy (CIFRES), a unit of the Higher Polytechnic School of Dakar (ESP). About 200 technicians and electricians are expected to receive training […]
East-based Libyan National Army (LNA) opposed to the UN-backed Government of National Accord (GNA) headquartered in Tripoli, has confirmed its full control of the Sharara oilfield, the country’s largest. Spokesman of the LNA Monday on Twitter said the Sharara oilfield in the southern Libyan desert, which produces a third of Libya’s 1 million barrel per […]
The Africa Finance Corporation (AFC) has approved a bridge loan facility of $170 million for the construction of the 44 MW Singrobo-Ahouaty hydropower projects in Côte d’Ivoire. The deal was concluded in mid-December, when a first disbursement was made for the project, in which the AFC has also invested equity. “As our first equity investment […]
Africa and the Middle East installed 962 MW of new onshore wind capacity in 2018, up by more than 300 MW from a year earlier, the Global Wind Energy Council (GWEC) said Monday. The three countries that led the growth were Egypt with 380 MW, Kenya with 310 MW and Morocco with 120 MW. The […]
The 80 MW-capacity facility is planned to serve three countries, namely Rwanda, Burundi and Tanzania. It should be completed in 2020, the authorities of the three countries affirm. “We want to assure the public that the deadline will be respected,” said Claver Gatete, Rwandan Minister of Energy. Once completed, the infrastructure will provide each country […]
South African state power utility Eskom said on Monday that it would implement controlled power cuts for a second day in a row because of a shortage of generating capacity in the southern African nation. The state power utility said it would cut 2,000 megawatts from the national grid from 07:00 GMT, likely until 20:00 […]
Crossboundary Energy Access (CBEA), Africa’s first project financing facilities for mini-grids, is planning to unlock more than $11 billion from investors to bring electricity to at least 100 million people on the continent. The new financing facility attracted $16 million in its first close – enough to fund mini-grids that could connect 170,000 people, according […]
Morocco’s Noor Ouarzazate plant, the largest concentrated solar power plant in the world, could power more than one million homes, CNN said in a focus on the Kingdom’s renewable energy projects. “Built on an area of more than 3,000 hectares – the size of 3,500 football fields – The Noor Ouarzazate complex- produces enough electricity […]
Morocco’s huge potentials in oil & gas and the business opportunities offered in the sector are currently showcased at the second Morocco Oil & Gas Summit convened in Marrakech Feb.-6-7. Organized by the Moroccan National Office of Hydrocarbons and Mines (ONHYM), the event is bringing together potential and existing investors, including SDX Energy, Chariot Oil […]
In Guinea Bissau, the government plans to cut electricity prices by 50 percent, Energy and Industry Minister António Serifo Embaló told reporters recently. According to Embaló, the country has the capacity to support this considerable drop in the cost of electricity. The government’s move will be made possible by using fuel oil instead of purchased […]