The Egyptian El Sewedy Electric Co. SAE, through its subsidiary Elsewedy Power, has been awarded the construction of two power projects with a combined capacity of 1,965 MW in the United Arab Emirates. The implementation of these projects will be done in collaboration with other world-class energy entities such as Siemens, according to Ecofin News […]
Energy
Gambia: ECOWAS Okays $66 million for energy development
The Economic Community of West African States (ECOWAS) has approved $66 million for the development of energy infrastructure in Gambia. According to Gambian Minister of Energy and Oil, Fafa Sanyang, the grant aims to increase electricity access in pre-urban and rural areas covering localities within a 100 km radius of the Soma and Brikama OMVG […]
Africa Energy Forum holds 21st session in Lisbon
About 3,000 stakeholders and investors are expected to attend the 21st Africa Energy Forum in Lisbon, Portugal, next June. The forum, which provides a platform for key energy sector stakeholders, will explore the opportunities and innovations set to shape policy and investment decisions on the African continent. According to Managing Director Simon Gosling, the Forum’s […]
Egypt: Production of Zohr oil field to hit 3bn feet per day in 2019
The production of Zohr oil field will reach more than three billion feet per day in 2019. The announcement was made Wednesday by Egyptian Minister of Petroleum and Mineral Wealth Tarek el Mullaa at a meeting of the general assembly of PetroShrouk oil company. What has been achieved in Zohr oil field is unprecedented in […]
Energy: Investors gather in Miami to Power Africa
The 5th Powering Africa: Summit will host over 370 investors and public and private stakeholders from across North America, Africa and Europe to present energy projects, discuss investment opportunities and build relationships within the international power community. The Powering Africa: Summit (PAS) to take place for the first time in Miami from February 25-27 will […]
Africa should declare state of emergency on energy
In sub-Saharan Africa, where more than 600 million people still lack access to electricity, the continent would need to declare a state of emergency on the energy sector, the Managing Director of Sahara Power Group, Kola Adesina said. According to Mr. Adesina, energy is a critical component of driving economic growth and prosperity. The continent […]
Mali: Renewable Energy Week to attract more investment
The Renewable Energies Agency of Mali and other stakeholder groups such as the World Bank and the Climate Investment Fund are organizing the first edition of the Malian Renewable Energy Week to be held from February 19 to 23 in the capital, Bamako. According to the organizers of the event, it will increase the visibility […]
South Africa: 15% Eskom tariff hike could cut 150,000 mining jobs
The Minerals Council of South Africa on Thursday warned that the country could lose up to 150,000 jobs, if state-owned electricity supplier Eskom is granted permission to increase electricity tariff by 15%. Eskom has asked government for a 15% tariff increase over three years. The mining lobby group said the move would also hasten the […]
Senegal: 2,300 communities electrified in 5 years
In Senegal, 2,300 localities were electrified between 2012 and 2018, the director general of the Senegalese Rural Electrification Agency (ASER) said. According to the Agency, the West African nation’s electrification rate was 24%, representing 1,640 electrified localities in 2012. However, last year, thanks to the efforts made by the State, 2,300 additional localities have been […]
Dubai-based solar developer raises $65m to power MENA
Yellow Door Energy, a Dubai-based solar developer this week said it raised $65 million to fund an expansion effort in the energy sector in the Middle East and Africa. The amount raised by the group — one of the major commercial and industrial-scale solar developers in a region — represents one of the largest venture […]









