The Africa Trade Insurance Agency (ATI) has signed a partnership with the government of Ghana. The pan-African insurer will deploy its liquidity support mechanism to support renewable energy producers. Ghana subscribes to the Regional Liquidity Support Facility (RLSF). This initiative of the African Trade Insurance Agency (ATI), the German Development Agency (KfW) and the Norwegian
Senior officials from the African Development Bank (AfDB) met with government and business representatives from Zimbabwe to discuss the southern African country’s renewable energy sector as well as the role the private sector will play in driving new project developments. During the three-day official visit, AfDB officials Dr Kevin Kariuki, Vice President for Power, Energy,
The implementation of Senegal’s Cap des Biches Gas-to-power project is well on course. The 300-megawatt gas-fired combined cycle power plant is being constructed on a 9.923-hectare property. The site is located in the Rufisque commune, 20 kilometers from Dakar. West African Energy and Société Nationale d’Electricité du Sénégal are developing the project. In October 2020, West
Africa’s rapid economic growth creates a daunting energy challenge, as well as expectations of enhanced resilience and sustainability. In the face of the growing energy needs of the continent, finding a sustainable solution is one of the biggest challenges. Africa has many renewable energy resources, such as hydro, sun, wind and others, and it is
The West African Power Pool, WAPP, has disclosed plans to set up a Liquidity Enhancement Revolving Fund, LERF, for the ECOWAS Regional Electricity Market. The Chairman, Executive Board of WAPP, Engr. Sule Ahmed Abdulaziz, who disclosed this yesterday at the 54th meeting of the Executive Board in Cotonou, Benin Republic, stated, “The creation of this
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