First Independent Mena Newspaper
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 […]
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 […]
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 […]
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 […]