African News

Tanzania to begin talks for $30b LNG project

Mar 23, 2019

Tanzania plans to negotiate terms for developing a $30 billion liquefied natural gas project with companies between April and September, the Energy Ministry said. The talks are aimed at reaching a so-called Host Government Agreement, the pact that governs the rights and obligations of parties with respect to the development, construction and operation of the…

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Sudan PM dissolves Sudanese Petroleum Corporation

Mar 23, 2019

Sudan’s Prime Minister Mohamed Tahir Ayala dissolved the state-owned Sudanese Petroleum Corporation and dismissed its secretary general, Azhari Ibrahim Bassbar, state news agency SUNA said on Wednesday. Ayala ordered all the corporation’s assets, documents and employees be transferred to the oil ministry, SUNA said, without giving a reason for the move. The Sudanese Petroleum Corporation…

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Anadarko to charter 16 tankers for Mozambique LNG project

Mar 23, 2019

Anadarko said on Thursday it would seek long-term charters for around 16 liquefied natural gas (LNG) tankers it would need to ship gas from a proposed project in Mozambique. The independent U.S. energy producer aims to take a final investment decision on the $20 billion project in the coming months, having signed up long-term buyers…

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BRICS bank to lend $780m to South African power utility Eskom

Mar 23, 2019

The New Development Bank plans to lend as much as $780 million to Eskom Holdings SOC Ltd. for infrastructure projects this year as the ailing South African power utility battles to keep power supply steady. Eskom, which on Wednesday entered a seventh day of controlled power cuts, is contending with operational and financial challenges, threatening…

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Tech advancements revive Namibia’s Kudu gas to power project

Mar 23, 2019

The Kudu Gas to Power project, which has in the past been hailed as the answer to Namibia’s electricity woes, has seen a revival by BW Kudu Limited, who says recent technological advancements as well as a consistent market for reliable economic energy makes the electricity project viable. BW Kudu Ltd, a subsidiary of BW…

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Liberia’s LEC apologizes to customers for load shedding

Mar 22, 2019

The Liberia Electricity Corporation (LEC) has issued a statement of apology to its customers for the Load Shedding (rolling brown outs) which they are currently experiencing. The LEC said over the last 15 months the improved stability and reliability of the LEC’s generation and distribution network has led to an overall increased reliance on LEC…

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Exim Bank India finances DRC solar projects

Mar 22, 2019

The Indian Export-Import Bank (Exim Bank of India) granted $83.11 million to the government of the Democratic Republic of Congo to finance three solar power plants. The three solar power plants, with a combined capacity of 35 MW, will be located in the provinces of Karawa, Mbandaka and Lusambo. “With the signing of these three…

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Uganda launches China-built Isimba hydropower dam

Mar 22, 2019

Uganda on Thursday launched the China-built Isimba Hydropower Dam in the country’s east. The $568 million dam is expected to improve access to power in Uganda, where less than 30 percent of people are on the grid, and cut power costs. However, the dam has come at a price for residents. For many locals, the…

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Egypt to construct 250MW wind farm at Ras Gharib

Mar 21, 2019

A 250 MW wind farm is set to be constructed at Ras Gharib in the Suez governorate of Egypt after the New and Renewable Energy Authority (NREA) and Lekela Power signed an agreement for the latter to launch the wind farm. Mohamed El Khayat, the Chairperson of the NREA said that through an agreement signed at Suez, the company…

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Fuel crisis worsens in North Darfur, Sennar states of Sudan

Mar 21, 2019

People in Sudanese states such as North Darfur and Sennar continue to experience a steady rise in prices for fuel and consumer goods, exasperating their lives through various ways. The fuel and liquidity crises have been ongoing in Sudan and is considered the main cause of the demonstrations in the cities and states. A resident…

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