Africa Asia Energy Headlines International

China to help Kenya pick location of first nuclear power plant

The Indian Ocean, Lake Victoria and Lake Turkana have been identified as the most optimal sites for the establishment of Kenya’s first nuclear power plant, local media reported.   China National Nuclear Corporation (CNNC) is helping the East African nation’s Nuclear Power and Energy Agency (NuPEA) to identify the sites that would host the first […]

Africa Energy Finance Headlines International

AfDB announces $20m for climate resilience project in Ghana

In Ghana, the Green Climate Fund (GCF) has announced a $20 million grant to the African Development Bank’s Affirmative Finance Action for Women in Africa (AFAWA), a program for a climate action project to support women-led farmers’ associations and micro, small and medium enterprises in Ghana’s agricultural sector. The AFAWA Ghana project is designed to […]

Columns Energy Headlines Maghreb Morocco Opinions

Morocco Reaps Benefits of King’s Energy Farsightedness

Morocco, which imports most of its needs of energy, is steadily reducing its dependence on imports thanks to efforts spearheaded by King Mohammed VI to increase the share of renewable energy in the national energy mix to over 52% by 2030. King Mohammed VI, who supervises the national program for the development of renewable energy […]

Energy Headlines Maghreb Morocco

Morocco on course to meet renewable energy targets for 2030

Morocco is marching steadily towards fulfilling its renewable energy goal of generating 52% of its electricity from renewable sources with the launch of a new process to tender for a solar power plant in Midelt known as Noor Midelt II. The call for pre-qualification for Noor Midelt II comes after the Moroccan agency for renewable […]

Energy Headlines Morocco

Morocco: Platinum Power & Chinese CFHEC ink deal for hydro-power projects across Africa

Platinum Power and Chinese state-run engineering company CFHEC have agreed partner in the financing and construction renewable energy projects across the African continent, reports say. Both companies during agreement signed in Beijing Wednesday, also to partner for the construction a $300 million hydropower plant in central Morocco, Platinum Power’s chief executive Omar Belmamoun told media. […]

Energy

Zimbabwe needs $14 million for monthly electricity imports

Zimbabwe’s state-owned power utility, ZESA Holdings, needs $14 million for monthly electricity imports from the regional power market, its acting Chief Executive Patrick Chivaura said on Monday. Zimbabwe is experiencing its worst power crisis in a decade, with households and industries being cut off for up to 16 hours daily. The power crisis has added […]

Africa Business Emerging Markets Energy International

Dozens die in petrol tanker blast in Nigeria

At least 50 people were killed in Nigeria when fuel from a crashed truck that they were siphoning up caught fire, local media reported. The incident happened on Monday afternoon after a fuel tanker trying to avoid a pothole overturned and fell off the road in Ahumbe village in Benue State, according to a spokesman […]

Africa Energy Headlines International Mauritania

New gas discovery boosts Mauritania and Senegal production potential

Gas production potential bodes well for both Mauritania and Senegal after 30 meters of net gas pay was found in the greater Tortue Ahmeyim offshore project on the border between the two West African nations. The finding was made by Dallas-based operator Kosmos Energy, which has a joint-venture with BP in the area as well […]

Africa Energy International

Africa: AfDB disburses $500 million for renewable energy

The African Development Bank (AfDB) has approved a loan of $500 million for Africa’s electrification through renewable energy. The Energy Inclusion Facility (EIF) will distribute the loan among major project promoters and off-grid suppliers across the continent. According to the pan-African financial institution, $100 million will go to off-grid providers to enable them expand their […]

Africa Energy Headlines International

Kenya court blocks East Africa’s first coal plant

The Kenyan National Environmental Court has ordered the suspension of the controversial project to build a coal-fired power plant on the Lamu Archipelago. Although the government sees the $2 billion Chinese financed project a sure way to promote economic growth, create jobs and secure an energy source for the future, Kenyans condemn the move. A […]