First Independent Mena Newspaper
French industrial group, Schneider Electric has commissioned the first solar power plant in Sharm el Sheikh, a seaside town in the Sinai region of eastern Egypt. Schneider Electric completed the implementation of the first phase of the project at a cost of $5m in the feed-in tariff mechanism, in cooperation with Al Tawakol Electrical Company […]
Cape Town hosts this May 14-16 the African Utility Week dedicated to African professionals working in the electricity, energy and water sectors. Gathering professionals from the water and energy sectors in Africa, the meeting will focus on the production, distribution and storage of energy in the continent. The event, taking place in conjunction with PowerGen […]
British oil giant BP has signed an agreement with Gambia’s government to explore offshore hydrocarbons potential in the West African nation. The London-listed company now has “the legal rights” to explore for oil and gas potential in block A1 offshore Gambia, the office of the Gambian president Adama Barrow said in a statement. Block A1 […]
The government of Gabon has launched a call for tenders for the construction of eight solar power plants following a partnership agreement signed in August 2018 with the French company Engie. Through Engie’s subsidiary Ausar Energy, the government plans to launch the construction of eight dams in the Central African nation. According to the Deposit […]
Ethiopia will inject huge investments in renewable energy transmission, Prime Minister Abiy Ahmed said. According to the Premier, China had agreed to invest $1.8 billion to improve electricity on the Ethiopia-Djibouti line, thereby increasing electricity supplies to Ethiopian cities and 16 industrial parks. Beijing made the pledge on the sidelines of the Belt and Road […]
Morocco’s Office National de L’Electricité et de L’Eau Potable (ONEE) and British upstream gas company Sound Energy PLC are conducting negotiations to conclude a binding agreement on the purchase of Tendrara’s gas. The announcement was made by Sound Energy which said that it received an offer from the Moroccan government to purchase its Tendrara’s gas. […]
Nebras Power has announced it acquired 60 per cent of stakes in Tunisia’s Carthage Energy Company making the deal the first expansion of the company into North Africa. The Dutch affiliate of the Doha-based company, Nebras Power Investment Management, completed the acquisition this week as the company makes its first foray into North Africa. The […]
The World Bank Group has approved a $200m fund to implement the Regional Off-Grid Electrification Project (ROGEP) in West Africa and Sahel region. The fund includes $150 million in the form of credit and grant from the International Development Association (IDA) and $74.7 million contingent recovery grant from the Clean Technology Fund. ROGEP primarily seeks […]
Kenya’s goal of becoming an oil exporting country by 2022 may not be realized, London-based oil explorer, Tullow Oil said. According to the oil giant, delays from the government in making critical decisions have potentially stalled output. Tullow, which has already spent more than $1 billion in exploration activities over the past six years, last […]
redator Oil & Gas Holdings said it made a significant gas discovery in the Guercif permit in eastern Morocco. The discovery was described by the British company as “another very positive step” with a best estimate recoverable prospective resources of 474 billion cubic feet. The company plans to sell the gas from the permit to […]