Africa Energy Headlines International

Nigeria approves $1bn Chinese loan for Hydropower project

Nigeria’s Federal Executive Council (FEC) has approved $1 billion Chinese loan from Chinese EXIM Bank for the development of the Gurara II hydroelectric project in Kaduna State in the north of the country. The Gurara II hydroelectric dam will produce 360 MW. The Gurara River is already serving to generate 30 MW of electricity and […]

Africa Headlines International

Gabon: Ali Bongo dismisses Vice-President, forestry minister

President Ali Bongo Ondimba Tuesday dismissed his Vice-President and the minister of forestry, a statement of the presidential office said without elaborating on the rationales. Maganga Moussavou has been Vice President of the Central African country since 2017 after the restauration of the position. Moussavou, from the opposition lost to Ali Bongo during the 2016 […]

Africa Energy Headlines International

Africa on track to multiply its current solar capacity six fold by 2030 – Report

A new report released by the German Solar Association (BSW-Solar) and the Becquerel Institute have revealed that with the arrival of many international investors and the race for solar projects, Africa is on track to multiply its current solar capacity six-fold or 30 gigawatts (GW) by 2030. According to the Solarise Africa Market Report, the […]

Africa Headlines International Morocco

Abidjan: Jazouli Visits Projects Emerging from Morocco- Côte d’Ivoire Cooperation

Moroccan Minister Delegate for African Cooperation Mohcine Jazouli is visiting Côte d’Ivoire since Monday to check on the progress made in the projects launched within the frame of the bilateral agreements signed before King Mohammed VI and President Alassane Ouattara. During the visit, Jazouli co-chaired in Abidjan with Secretary General of Ivorian Ministry of Foreign […]

Africa Headlines International

Nigeria keen to join Africa free trade zone – Minister

Nigeria’s minister of industry, trade and investment on Monday said the West African nation will sign the Africa Continental Free Trade Agreement as soon as President Muhammadu Buhari approves an impact-assessment report he commissioned. Nigeria is one of 29 countries yet to sign the agreement seeking to boost intra-African trade, stimulate investment and innovation. In […]

Africa Energy Headlines International

Namibia to install Africa’s first floating solar power panels on Lake Malawi

In Namibia, German firm Droege Energy, one of the independent power producers (IPPs) that have signed power purchase agreements with Electricity Supply Corporation of Malawi (ESCOM), plans to install floating solar power panels on the Lake Malawi. The information was disclosed at the signing ceremony Monday of 14 power purchase agreements (PPAs) involving ESCOM, Malawi […]

Africa Business Headlines International

Countries dependent on commodities hit 20-year high; Sub Saharan Africa hardest-affected region

The number of countries that depend on commodities has reached its highest level in 20 years, says a new UNCTAD report, noting that commodity dependence affects developing countries almost exclusively. According to the State of Commodity Dependence Report 2019 released last week, dependence on commodities affects 85% of least developed countries, 81% of landlocked developing […]

Africa Headlines International Morocco

Sahara-Football: Polisario Removed from AFCON 2019 Website

The African Football Confederation (CAF) has corrected its mistake by removing the name and flag of the self-proclaimed Sahrawi Arab Democratic Republic (SADR) from the official ticketing website of the 2019 Africa Cup of Nations (AFCON) due in Egypt from June 21 to July 19.   It’s never too late to make it right. Following […]

Africa Finance Headlines International Maghreb

SSO: $24 million funding needed to preserve oases in North African countries

A regional conference on the promotion of oases in North Africa and Mauritania held in Tozeur, Tunisia, last week underlined that $24 million funding was needed to preserve the green areas in the region desert. Participants in the conference, recognizing oases as a historical, cultural, environmental, civilizational, national and international heritage that must be preserved, […]

Africa Energy Headlines International Tunisia

Senegal interested in Tunisia’s renewable energy policies

The government of Senegal is interested in learning from Tunisia best practices in matters of renewable energy production policies. In this connection, a Senegalese team was dispatched to Tunisia to examine the pilot phase of the purchase of surplus renewable energy production from individuals implemented by the North African country. Tunisia’s longer-term goal, as set […]