First Independent Mena Newspaper
In Nigeria, a $10 million line of credit from Renewable Energy Performance Platform (REPP) and Electrification Financing Initiative (ElectriFI) will help to boost the distribution of home solar kits. The credit line was secure by PAS Solar Limited, a British company operating in Africa’s most populous nation. With exclusive funding from the United Kingdom’s International […]
South Sudan is targeting an increase in crude oil production of 70,000 bpd by June 2019, the country’s Minister of Petroleum, Ezekiel Lol Gatkuoth said on Wednesday. The statement follows a tour at the El-Nar, El-Toor and Manga oilfields last weekend. Gatkuoth encouraged the China Petroleum Engineering and Construction Corporation to fast track the rehabilitation […]
The European bank for reconstruction and development (EBRD) has awarded trophies to 16 Moroccan projects, which made energy savings of 82 GWh/year and reduced greenhouse gas emissions by 23,700 tons of CO2, equivalent to more than 1 million trees planted. The awarded energy efficiency and renewable energy projects were carried out under the Morocco Sustainable […]
The African Development Bank (AfDB) has approved a $20 million grant to finance a solar off-grid electrification program in the Democratic Republic of Congo (DRC). According to Amadou Hott, AfDB Vice President in charge of Electricity, Energy, Climate Change and Green Growth, this innovative project will hopefully demonstrate the viability and interest of the private […]
Der Mond Group, an Oil and Gas company headquartered in Abu Dhabi, has signed an agreement with Swiss consulting services company Iota Group to open a petroleum academy in Dakar, Senegal. The first oil and gas academy in Senegal is dedicated to train a wide range of professionals from West African countries in the fields […]
The African oil industry has attracted over $30-billion investment in logistics, distribution, storage terminals, import facilities and retail marketing in recent years. The information was disclosed during the fourteenth annual conference of the African Refiners and Distributors Association (ARA), held in Cape Town over the weekend. According to reports from the ARA conference, new prospecting, […]
The East African Community (EAC) has secure $2.5 billion loan from the African Development Bank (AfDB) to provide an additional 7,480 megawatts (MW) of electricity by 2022. The regional bloc comprises six member states in the African Great Lakes region in eastern Africa, namely: Burundi, Kenya, Rwanda, South Sudan, Tanzania and Uganda. The funds – […]
The African Development Bank and KfW Development Bank this week said they will be partnering to accelerate implementation of recommendations contained in the 2018 Electricity Regulators Index (ERI) report for Côte d’Ivoire’s energy sector. This partnership arrangement between the two institutions was announced during a technical workshop with key stakeholders from the West African nation’s […]
Schneider Electric has unveiled its Kenya-made ‘Villaya Emergency’, a containerized mobile solar microgrid solution designed to be easy to use in any humanitarian emergency. The kit manufactured in Kenya is a system that generates at least 10-kilowatt peak electricity enough to power a village, health center or individual / group areas in refugee camps. The […]
South Africa’s Minerals Council on Tuesday warned that electricity price increases by state-owned power utility Eskom will lead to over 90,000 job losses in South Africa’s gold and platinum mining industries over the next three years. Earlier this year, South Africa’s National Energy Regulator said that Eskom could hike tariffs by 9.41 percent in 2019, […]