Stakeholders in the renewable energy sector of the Gambia and Cote d’voire took part in the official launch of activities of Ecowas Rogeap _ Regional Off-Grid Electricity Access Project. The events took place in Banjul, the Gambia and Abidjan, Cote d’Ivoire, on Wednesday 3rd August and Thursday 4th August, respectively. In attendance were experts from
MIGA has issued guarantees to Azura CTRG Holdings of Mauritius (Azura) to cover up to $149.85 million for equity into and loans to Central Termica de Ressano Garcia (CTRG) for a period of approximately 13 years against the risks of breach of contract (BOC) and transfer restrictions (TR). Azura will acquire stakes owned by Sasol New Energy
Kenya is among the top 10 countries in the world producing electricity through wind power, thanks to the Lake Turkana Wind Power (LTWP) launched by President Uhuru Kenyatta. According Ember’s Global Electricity Review 2022, Kenya was ranked ninth biggest producer of wind energy globally and the top in Africa. This is even as the sector’s innovations continue
The United Kingdom(UK) government is planning a £235 million capital investment in the hydropower sector in Africa. UK Prime Minister, Boris Johnson, while in Rwanda for a meeting with Commonwealth leaders, said, he welcomes Green Industrial Revolution ‘sweeping across Africa.’ “The major new UK investments and public-private partnerships are turbocharging the clean energy transition in
The project to transport electricity from the future Nachtigal hydroelectric power station (420 MW), in the Central region of Cameroon, to the West has just undergone a financial development. President Paul Biya signed a decree authorizing the Minister of Economy to sign a loan agreement worth $164.69 million (about CFA97.8 billion) with the Export-Import Bank
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