First Independent Mena Newspaper
The African continent’s renewable energies potential is estimated at 310 Giga-Watts (GW), an expert from the African Development Bank (AfDB) said on Tuesday in Dakar, Senegal. Hatem Fellah, Principal Agronomist at the AfDB made the statement during the opening of a sub-regional exchange meeting on domestic and renewable energies in the Sahel region. The meeting […]
Nigerian Minister of State for Petroleum Resources Ibe Kachikwu on Monday disclosed that Nigeria will mobilize other oil and gas producers in Africa on the platform of the African Petroleum Producers Organization to raise up to $2 billion to finance energy projects across the continent. According to Kachikwu, member countries of APPO were already looking […]
Sound Energy, the Moroccan focused upstream gas company,“revises up” the net pay estimate of sands found under the main TAGI play, which currently stands at 10.5 meters. Earlier January, Sound energy announced discovery at TE-10 of a potential reservoir at between 1,899 meters and 2,009 meters. Sound has nearly finished planning its TE-10 test program, […]
The Ethiopian Ministry of Energy has issued tenders for the installation of six large-scale solar power plants. The plants will be developed under a public-private partnership framework and their construction is expected to cost around $795 million. These infrastructures are planned to be located in the states of Afar, Somali, Oromia and Tigray with the […]
In Mauritius, Small and Medium Enterprises (SMEs) need to develop energy efficiency systems to manage better their energy use, the minister of energy and public utilities Ivan Collendavelloo said. According to Collendavelloo, improving SMEs’ energy efficiency is a key way to increase their profitability and competitiveness. He stressed the need to implement modern energy production […]
Algeria Saturday dispatched 4,000 tons of Liquefied Natural Gas (LNG) to Tunisia to help it meet the shortage caused by disruptive weather conditions, mainly heavy snow, that have affected major social amenities. The shipment, destined to house usage, was announced by the Tunisian state-run news agency TAP, which also indicated that the 4,000 tons […]
Ghana will hand over its Electricity Company (ECG-Ghana) to a Private Sector consortium, state-run Daily Graphic newspaper reported. According to the Millennium Development Authority, the company that was responsible for handling the operations, investment and management of ECG, the deal was done under the Private Sector Participation of the Power Compact II Agreement of the […]
The African Development Bank (AfDB) will invest up to $25 million in a private equity fund for renewable energy projects across Sub-Saharan Africa. According to the continental lender, the Board of Directors has approved an equity investment of up to $25 million in ARCH Africa Renewable Power Fund (ARPF), a $250 million private equity fund […]
The Tunisian government has awarded licenses for four onshore wind projects totaling 120 MW under its renewables sector development scheme. The plants, which represent a combined investment of $134 million, will be installed in the governorates of Ben Arous and Bizerte. Local media reported that works on the four selected projects will start between May […]
Uganda’s Xsabo Power Limited, which has constructed a new 24 MW solar power park in conjunction with the Uganda Electricity Transmission Company, said it plans to invest $200 million in the generation of solar power to boost the energy sector of the East African nation. According to Xsabo’s Managing Director and CEO, David Alobo, the […]