Cameroon is set to construct a mini-hydroelectric power plant in Mbakaou, in the Adamaoua region. Cameroonian branch of the French group Innovation Énergie Développement (IED) who are embarking on the project will sell the energy produced to the electricity distribution company, Eneo, a semi-public company with 56% of the capital held by the Actis group and 44%…
Summary ACWA Power, a leading developer, owner, and operator of power generation and water desalination plants signed an agreement with Silk Road Fund, introducing it as a partner and shareholder in ACWA Power Renewable Energy Holding Ltd (ACWA Power RenewCo) – ACWA Power’s renewable energy platform that currently owns a number of its existing renewable…
Construction works on US $51m Nyendo–Bukakkata road project in Uganda has finally kicked off four years later after President Museveni made the groundbreaking for the project. Mr Mark Ssali, the head of corporate communications of Uganda National Roads Authority confirmed the reports and said that the project has been awarded to Chinese company, Arab Contractors and an…
The Republic of Niger has signed US $129m deal with African Development Bank to to support Kandadji project or the regeneration of ecosystems and the development of the Niger Valley. Nigerien Minister of Planning Aïchatou Kane Boulama, who signed on behalf of Niger’s Government acknowledged the Bank’s strong commitment to the development. “The signing of this agreement…
Sierra Leone is set to receive US $4.9m funding from the Development Bank of Southern Africa (DBSA) to finance remaining and final stages in developing the Bumbuna II hydropower project, the country’s largest infrastructure project. The project is part of the government’s long-term Energy Plan, playing a critical energy infrastructure role which will help to reduce the country’s…
Sierra Leone is set to receive US $4.9m funding from the Development Bank of Southern Africa (DBSA) to finance remaining and final stages in developing the Bumbuna II hydropower project, the country’s largest infrastructure project. The project is part of the government’s long-term Energy Plan, playing a critical energy infrastructure role which will help to reduce the country’s…
Uganda has commissioned a turnkey 10 MW photovoltaic solar power plant in Bufulbi, southeast Uganda. It is the first solar power plant in the country equipped with a system that allows photovoltaic panels to move according to the sun’s path. The power plant was built by the Greek company which specializes in solar energy applications, Metka…
Uganda has commissioned a turnkey 10 MW photovoltaic solar power plant in Bufulbi, southeast Uganda. It is the first solar power plant in the country equipped with a system that allows photovoltaic panels to move according to the sun’s path. The power plant was built by the Greek company which specializes in solar energy applications, Metka…
India’s third-largest telecom company Bharti Airtel Ltd said on Tuesday it will raise $750 million (about Rs 5,200 crore) by selling shares of its Africa unit via an initial public offering (IPO) and list them on the London Stock Exchange (LSE). In case of an oversubscription, the company will raise an additional $112.5 million (15%…
Construction works at the multi-million Pula Lobatse Leather Park in Botswana has been broken down and it shall now be undertaken in phases instead of a wholesome as in initial plan. Speaking in several kgotla meetings at Woodhall, Maokaneng, Peleng and Motswedi, Ms Malebogo Kruger, the mayor of Lobatse district clarified that the project, which…