African News

Fenix International set to launch off-grid solar in Mozambique

Sep 17, 2019

Fenix International a next-generation energy company and subsidiary of ENGIE, opens its sixth market in Mozambique, where it expects to reach 200,000 households with clean energy and inclusive financial services within 3 years. Launching sales in Mozambique is the latest step in Fenix’s expansion. Headquartered in Kampala, the company has already connected 500,000 customers to…

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Benin’s national electricity company entrusted by Govt to Canadian firm, Manitoba Hydro

Sep 16, 2019

In Benin, the government has entrusted the management of the Beninese Electric Power Company (SBEE), the national electricity company, to Canadian Manitoba Hydro International. The latter has been designated as the provisional contractor for the company’s management contract. The authorities have also selected the consortium formed by the French Society for Studies and Consulting (SOFRECO) and AAA-KPMG…

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Thermal coal to produce 2,400MW of electricity by 2023 – Zimbabwe Govt

Sep 16, 2019

Mines and Mining Development Minister, Winston Chitando on Thursday said government was planning to work towards generating energy by taking advantage of thermal coal which has the potential to generate over 2 400 megawatts by 2023. Speaking at the second quarter state of the economy business breakfast forum, Chitando expressed optimism over the new plans…

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Namibian Stock Exchange lists first energy company

Sep 16, 2019

The Namibian Stock Exchange has listed an energy company for the first time, a good sign of deepening and diversifying Namibian capital markets. This was the view of NSX chief executive officer Tiaan Bazuin at the official announcement of Alpha Namibia Industries Renewable Power Limited (Anirep)’s listing on the NSX’s development capital board. There are…

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Saudi firm ahead of contenders to build 250MW solar project in Ethiopia

Sep 16, 2019

ACOA placed its financial offer of 0.025 dollars a kilowatt-hour on Friday, September 5, 2019, through the Independent Power Purchase agreement framework. A Saudi Arabian energy company, ACOA, is ahead of the competition in a bid to win a deal with the Ethiopian government to build an industrial scale solar park, which will be the…

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Vaalco Energy announces commencement of the 2019/2020 drilling campaign at Etame field, off Gabon

Sep 16, 2019

VAALCO Energy has commenced its 2019/2020 drilling campaign and spud the Etame 9P appraisal wellbore at the Etame field offshore Gabon.  Drilling of the Etame 9P appraisal wellbore is expected to take approx. four weeks, after which the Company will commence drilling the Etame 9H development well targeting the Gamba reservoir.  The objective of the Etame 9P appraisal wellbore is to test…

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Uganda announces second licensing round

Sep 16, 2019

The Government of the Republic of Uganda through the Ministry of Energy and Mineral Development Uganda has announced Uganda’s Second Licensing Round. The round includes 5 blocks in the Albertine Graben – Avivi, Omuka, Kasuruban, Turaco and Ngaji covering 1026km2, 750km2, 1285km2, 635km2 and 1230km2 respectively. Roadshows are being held in London, Houston and Dubai on October 14, 17 and…

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Savannah Petroleum reports the signature of the Niger-Benin pipeline transportation convention

Sep 16, 2019

Savannah Petroleum, the British independent oil & gas company focused around activities in Niger and Nigeria, has noted the signature on 15 September 2019 of a Transportation Convention between China National Petroleum Corporation (‘CNPC’) and the Republic of Niger in relation to the planned crude oil export pipeline from the Agadem Rift Basin (‘ARB’) to the…

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AfDB’s solar project aims to make Africa a renewable energy powerhouse

Sep 16, 2019

When UN Secretary-General Antonio Guterres launched the International Solar Alliance last October, he applauded the goal of mobilizing about $1 trillion dollars towards the deployment of some 1,000 gigawatts of solar energy by 2030. “It is clear,” he said, “that we are witnessing a global renewable energy revolution.” That revolution is also taking place under…

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Mozambique to sell 50MW of electricity to Zimbabwe

Sep 16, 2019

Mozambique’s State-run power utility, Electricidade de Mocambique EDM has signed an agreement to sell 50 MW of power to Zimbabwe. The deal which was formalized between n EDM chairperson Ali Sicola, and his Zimbabwe Electricity Supply Authority (ZESA) counterpart, Patrick Chivaura is aimed to minimise Zimbabwe’s energy deficit, which currently stands at 400MW. Signed agreement EDM chairperson pointed out…

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