Dr Akinwumi Adesina, the president, African Development Bank (AfDB), says the bank has secured 15.6 billion dollars investment for the construction of the Lagos-Abidjan highway. He said that the investment would strengthen regional trade and integration in West Africa by linking the hinterlands of different Participating Member Countries (PMCs). The president said that the investment
Wood has received a contract from Woodside Energy to provide services for the floating production storage and offloading (FPSO) unit being built for the Sangomar field, located 100km south of Dakar, Senegal. Scheduled to be completed in 2023, the FPSO will have a processing capacity of 100,000 barrels of crude oil per day, 130 million
Syrah Resources selected an 11.25MWp solar photovoltaic (PV) installation combined with an 8.5MW/MWh battery energy storage system which will be integrated into Balama’s existing diesel power generation plant. Extensive due diligence was undertaken on equipment selection and suppliers of the solar PV modules, battery energy storage technology and hybrid control system. Presently, Balama is solely
Arcelormittal South Africa is conducting feasibility studies on two potential renewable energy projects, it said on Wednesday, seeking to reduce its dependence on electricity supply from the stretched national grid. The two 100 megawatt (MW) renewable energy plants are planned for Gauteng and the Western Cape provinces and are intended to supply existing facilities within the
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