First Independent Mena Newspaper
In South Africa, Mining Companies have opted for renewable energy and captive power supply from Independent Power Producers (IPPs) to secure power in the southern African nation, Absa Corporate and Investment Bank said. According to the Bank, South Africa is currently leading the region in renewable energy following the signing of agreements for 27 projects […]
The Mozambican power company, EDM, has recorded an annual loss of $100 million, due to illegal connections to the national power grid. According to Mozambican newspaper O Pais, which quoted the company’s new chairman, Ale Sicola, “smart” electricity meters will be introduced on the market to minimize the problem. The company chairman also said that […]
The government of cash-strapped South Sudan has agreed to allocate 10,000 barrels of its crude oil per day to Chinese firms to build roads in the country. Chinese companies will build two highways in exchange, the government said in a statement after a cabinet meeting in Juba last weekend. According to deputy information minister, Lily […]
Speaker of Niger Parliament Ousseini Tinni has commended the positive contributions made by Morocco in support to the development process in this African country through the presence of several Moroccan banks, telecom firms, public works companies… During a meeting held Monday in Rabat with Head of Moroccan Govt Saad Eddine El Otmani, Mr. Ousseini, who […]
The African Development Bank and the Economic Community of West African States Commission (ECOWAS) have signed an agreement for a study into a highway linking Côte d’Ivoire’s commercial capital Abidjan, to Lagos in Nigeria, marking a new step in building regional integration and trade. The proposed Abidjan-Lagos Corridor Highway, a six-lane (3-lane dual) motorway, will […]
The Moroccan and Algerian armies will both take part at the US-led Flintlock 2019 military games in Burkina Faso and Mauritania from February 18 to March 1, 2019. The two North African rivals have closed borders since 1994 with Algeria backing a separatist front that waged a war against Morocco until 1991. More than 2,000 […]
The 5th Powering Africa: Summit will host over 370 investors and public and private stakeholders from across North America, Africa and Europe to present energy projects, discuss investment opportunities and build relationships within the international power community. The Powering Africa: Summit (PAS) to take place for the first time in Miami from February 25-27 will […]
The African Development Bank Group (AfDB) last weekend approved the recommendations of the Independent Review Mechanism (IRM) to bring a coal-fired power plant project in Senegal into compliance with Bank policies and procedures. The Sendou Coal Power Plant project in the West African nation was approved by the Boards of Director of the bank on […]
In Zimbabwe, an ammonium nitrate producer, Sable Chemicals, has entered into a partnership with a local energy solutions company, Tatanga Solar Energy, to fund a solar power generation project that is set to produce up to 400 megawatts in the central region of the southern African nation. Sable’s parent Masawara Plc owns 70% of the […]
GoviEx, a Canadian mineral resources company, has signed a Memorandum of Understanding (MoU) with energy developer Windiga Energy to jointly evaluate the feasibility of powering the company’s flagship Madaouela project in Niger, using hybrid solar power solutions. Windiga is a Canadian energy developer focused on building, owning and operating renewable energy facilities and off-grid smart […]