First Independent Mena Newspaper
In Tanzania, Stiegler’s Gorge Dam, due to be built on a Unesco World Heritage site, will cost more than initial estimates, an independent study showed. The 2,100 MW hydroelectric dam at Stiegler’s Gorge, which has been cleared for construction by the National Environmental Management Council (NEMC) will cost twice more than estimated, according to Joerg […]
The Congolese government has inked an agreement with the pan-African investment platform Africa50 to mobilize funds for tripling the capacity of the Congo Power Station. The infrastructure, which currently has a capacity of 300 MW, should increase its capacity to 450 MW then to 900 MW by 2027. Increased production from the station could improve […]
Ghana’s Minister of Finance Ken Ofori Atta last weekend, told investors in Oslo, Norway, that overall crude oil production from Ghana was expected to more than double over the next four years. Addressing the meeting of 20 key international companies, Ofori-Atta, stated that Ghana has re-asserted herself strongly as a key destination for petrochemical industry […]
Enel Green Power RSA has begun construction of a 140 MW wind farm, in the Amatole District in South Africa’s Eastern Cape province. In a statement released on Tuesday, the company said the project will require an overall investment of $226 million and is expected to generate over 460 GWh annually once fully operational. The […]
The Russian embassy in Dakar has denied and lambasted accusations by President Macky Sall’s entourage alleging that Moscow is planning to channel funds to Ousmane Sonko, one of the serious challengers to the outgoing president in the Feb.24 elections. The Russian mission in a press statement said the allegations circulated by Head of Senegalese expatriates […]
South Sudan is planning to increase oil production to 270,000 bpd by the end of 2019, the country’s Minister of Petroleum and Mining, Ezekiel Lol Gatkuoth said. Speaking on the sidelines of a conference in India last weekend, the minister said South Sudan is working to return to its pre-war production levels of 350,000 bpd […]
The Kenya-Tanzania Power Interconnection Project has moved forward with the division of lots and the commitment of contractors to set up a 510km 400kV transmission line and accompanying substations. With the completion deadline set for 2020, the project is being implemented by the Tanzania Electric Supply Company (Tanesco) in collaboration with Kenya Electricity Transmission Company […]
French investment firm Meridiam has launched a research and training program focused on renewable energy development in Dakar. The training program is managed by the International Centre for Training and Research in solar energy (CIFRES), a unit of the Higher Polytechnic School of Dakar (ESP). About 200 technicians and electricians are expected to receive training […]
A report submitted by King Mohammed VI, the African leader on migration, won acclaim at the 32nd African Union Summit in Addis Ababa. The report builds on the momentum ushered by the African Agenda on migration put forward by the King last year and the proposal to set up an African observatory for migration at […]
The Africa Finance Corporation (AFC) has approved a bridge loan facility of $170 million for the construction of the 44 MW Singrobo-Ahouaty hydropower projects in Côte d’Ivoire. The deal was concluded in mid-December, when a first disbursement was made for the project, in which the AFC has also invested equity. “As our first equity investment […]