Power

Mali plans changes to energy company, EDM

Nov 20, 2019

Threatened by a failure to pay EDM, the Malian state must fly to the rescue of its energy company. A vast restructuring and reorganization plan supported by the World Bank is under way to enable the public company to regain a viable financial stability by 2021, according to a correspondence sent to the International Monetary Fund…

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Eskom gets new group chief executive officer

Nov 19, 2019

The Ministry of Public Enterprises has announced Andre de Ruyter as Eskom’s new group chief executive. “I would like to thank de Ruyter for not only accepting this position at a difficult time for Eskom, but, given Eskom’s current financial situation, to also agreeing to a lower compensation package than the position currently pays,” Public…

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Sudan PM affirms government willingness to expand electricity grid

Nov 18, 2019

The Prime Minister, Dr. Abdalla Hamdok, has affirmed the transitional government’s keenness to expand the national electricity grid to cover all parts of Sudan. This came during his meeting Sunday at the Council of Ministers with the Executive Director of the German Siemens Company, in presence of the German Deputy Ambassador to Sudan. Dr. Hamdok…

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Azura Power invests in Senegalese power plant

Nov 18, 2019

The 115MW Tobene Power plant in Senegal, which was part of the Melec Power Gen (“MPG”) portfolio, now forms part of Azura Power’s pan-African power generation platform. The new investment in Tobene also brings together Actis, Azura Power’s majority shareholder, with Africa50. Actis and Africa50 are committed to work with stakeholders to complete the conversion…

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France to provide financial support for SA’s Eskom

Nov 17, 2019

France plans to provide financial support to the South African electricity company Eskom, reports the Business Times . The company that supplies 90% of the energy produced in the country is also the biggest threat to the national economy. To deal with its many problems, including its $ 30.3 billion external debt, the authorities decided…

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Itron to provide advanced metering infrastructure network in Benin

Nov 15, 2019

Itron, Inc., which is innovating the way utilities and cities manage energy and water, signed, with the support of its in-country Channel Partner AM Afrique, a contract with Société Béninoise d’Energie Electrique (SBEE) Benin’s only electricity distributer, to upgrade the utility’s electricity distribution system and reduce losses. SBEE will deploy Itron’s Advanced Metering Infrastructure (AMI)…

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Egypt’s Sovereign Fund aims to acquire $1.98bn of shares in power plants built by Siemens

Nov 15, 2019

In Egypt, the Sovereign Fund aims to acquire shares, worth approximately $ 1.98 billion in power plants. These three mega-power plants built in the country by Siemens AG have a setup cost of $ 6.62 billion and a total capacity of 14.4 GW. The three plants were inaugurated in 2018 and two of them are located…

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Africa50 partners Power Africa and leverages more funding for Africa’s electricity sector

Nov 15, 2019

Power Africa and Africa50 have just signed a memorandum of understanding in a new partnership for the mobilization of financing in the electricity sector. The collaboration will also focus on developing models of innovative public-private partnerships in sub-Saharan Africa. “Electricity generation and distribution are among the most important infrastructures for Africa because of their multiplier effect…

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Hwange power station fault leads to extra load shedding in Zimbabwe

Nov 13, 2019

ZESA is implementing prolonged load-shedding of up to 18 hours a day following a fault at Hwange Power Station yesterday afternoon. The power utility said it was moving to Stage 2 load-shedding. According to Zesa, Stage 1 load-shedding happens to the first group of customers as listed on its schedule and these are switched off…

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Residents of Sudan’s Red Sea state protest week of power outages

Nov 13, 2019

On Monday, the residents of Suakin in Red Sea state blocked the main road between Suakin and Port Sudan in protest against the power outages that have lasted for a whole week. Journalist Osman Hashim told Radio Dabanga that hundreds of Suakin residents blocked the main road linking Suakin with Port Sudan, which led to…

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