Tanzania, Uganda set for oil pipeline discussions

Jan 24, 2019

Ministers of Energy from Tanzania and Uganda are meeting tomorrow in Kampala to finalise talks on the joint pipeline project from Hoima to Tanga. The meeting was earlier planned for Uganda on Thursday, last week, but it had to be postponed to tomorrow because participants had other important engagements. Energy deputy minister Subira Mgalu confirmed…

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Eskom’s distressed position raises risks for the firm’s sustainability – CFO

Jan 24, 2019

Rising municipal debt, coupled with Eskom’s poor financial and operational performance pose a systemic risk to the sustainability of the company, says Eskom’s Chief Financial Officer, Calib Cassim. Speaking at the Nersa public hearings in Bloemfontein on Wednesday, Cassim said the ballooning municipal debt, together with the rising Soweto debt, is no longer just an…

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Mozambique set to benefit from SunFunder/SolarWorks! deal

Jan 24, 2019

We are expanding into new markets, with our first transaction in Mozambique with SolarWorks!, the country’s leading Pay-As-You-Go (PAYG) solar home system and energy services provider. The $2m debt facility will allow them to directly impact 65,000 people with improved energy access while displacing at least 26 tonnes of CO2 emissions. It also took an…

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AfDB approves $25m for renewable energy projects in Africa

Jan 24, 2019

The Board of Directors of the African Development Bank Group has approved an equity investment of up to US$ 25 million in ARCH Africa Renewable Power Fund (ARPF), a US$ 250 million private equity fund for renewable energy projects across Sub-Saharan Africa. ARPF will provide equity for the development and construction of 10 to 15…

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Rwandan energy firms mull ways to increase uptake of cooking gas

Jan 24, 2019

To remedy the fact that the number of Rwandans having access to gas remains low, private firms in gas retail and wholesale are mulling best strategies to grow their penetration into the local market. With the Government aiming at increasing the usage of environmentally friendly forms of energy an alternative to sources such as charcoal,…

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Xsabo Group set to boost Uganda’s electricity sector

Jan 23, 2019

Xsabo Group plans to invest US$200million in the generation of solar power to supply to the national grid, according to its Managing Director and Chief Executive Officer, David Alobo. Alobo, who on Jan. 10, together with President Yoweri Museveni and Vice President, Edward Ssekandi, unveiled the first 20MW solar plant in Kabulasoke in Gomba District…

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Ethiopia issues tender for installation of solar power plants

Jan 23, 2019

In Ethiopia, the Ministry of Energy launched a call for tenders for the installation of six large-scale solar power plants. The plants would have a combined capacity of almost 800 MW and be located in the states of Afar, Somali, Oromia and Tigray. The solar plants are being developed as part of a public-private partnership…

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Total still owing Tullow cash for Ugandan transaction

Jan 23, 2019

Tullow Oil revealed in its most recent Operations Update that it was still waiting for Total to pay the of the funds for its purchase of Exploration Areas 1, 1A, 2, and 3A in Uganda. Tullow said that the French firm hasn’t paid the balance of the $900 million owed for the 21.75% stake in…

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Nigeria, South Sudan sign cooperation agreement

Jan 23, 2019

Nigeria and South Sudan signed a cooperation agreement on oil and gas, trade, education, health, culture, among others. Nigeria’s Foreign Affairs Minister, Geoffrey Onyeama, and his South Sudanese counterpart, Nhial Deng Nhial, signed the agreement in Abuja. According to Onyeama, the agreement is hoped to be a framework that will enhance “our deep relation.” Though…

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Zimbabwe’s Govt shifts focus to renewable energy

Jan 23, 2019

Government is set to meet senior officials from ZESA Holdings and independent power producers (IPPs) as it seeks to deepen local electricity generation with new focus on renewable energy, particularly solar and wind. This comes as some giants in renewable energy from the United Arab Emirates, have shown interest in setting up 100 MW wind…

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