Power

Ghanaian Government aims at 100% power penetration – Minister

Mar 25, 2019

Minister of Energy, John Peter Amewu, says the government is aiming at 100 percent electricity penetration and to also ensure that there is affordability. Currently, about 83 percent of the population have access to power. He added that a lot would be needed to be done to achieve the goal of universal access. He was…

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Kuwait Fund finances power plant in Sudan

Mar 24, 2019

Sudan’s Ministry of Finance signed an agreement for financing of Al-Fula Power Station project in West Kordofan with The Kuwait Fund for Arab Economic Development (KFAED) in the amount of KD 25 million. The Minister of State for Finance, Mustafa Hawally , commended the support provided by the KFAED to Sudan and its financial and…

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SRK Consulting prepares screening tool for the Southern African Power Pool

Mar 24, 2019

South African mining consultancy SRK Consulting has compiled and Environmental and Social Management Framework (ESMF) that is being utilised to help increase the speed and efficiency in electricity projects across the region of Southern Africa. Specifically, the framework accelerates the screening process prior to commencing a project. Reports in recent years have indicated that Africa…

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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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World Bank grants $66m to Gambia to help fix electricity transmission problems

Mar 20, 2019

The World Bank yesterday approved a $66 million grant to the Gambia government to support the access grid and electricity transmissions in the rural setting of the country under the ECOWAS Regional Electricity Access Project. The signing ceremony was held at the ministry of Finance and Economic Affairs complex in Banjul and signed by Mamburay…

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MTN SA invests millions of rands in power backup systems as load shedding continues

Mar 20, 2019

MTN South Africa spent more than R400 million ($27.7 million) last year on investments in battery backup systems and generators. Despite the spend, its mobile sites continue to face significant threats, due to Eskom’s ongoing stage three and stage four load shedding. Excluding the amount spent on new batteries for new cell phone sites, MTN…

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East African governments review contracts with power producers

Mar 19, 2019

East African governments are reviewing power purchase agreements with independent power producers (IPPs) as part of efforts to lower the cost of energy and attain universal electricity access. Private investors own and operate plants that generate power for sale mostly by using diesel, an expensive fuel whose cost is passed on to consumers in the…

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SA President deploys SANDF to Mozambique as cyclone affects SA power supply

Mar 18, 2019

President Cyril Ramaphosa says he has deployed the South African National Defence Force (SANDF) to Mozambique to assist with recovery efforts after Cyclone Idai caused severe damage , knocking down pylons and affecting power supply to Eskom. Fin24 reported on Saturday that the storm damaged a Mozambican transmission line to South Africa, cutting supplies by…

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