Power

Lesotho to launch its energy investment drive at AOP

Aug 9, 2019

Lesotho’s Minister of Energy and Meteorology will present Lesotho’s energy investment opportunities at Africa Oil & Power 2019 on October 9-11 in Cape Town ;Wind and hydro projects will provide basis for power sector expansion; Ministry also calls for investment in transmission and Southern Africa collaboration: Lesotho Electricity Company and other national companies will provide…

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Mozambique power project contractor to be selected by Q4 2019

Aug 7, 2019

The Mozambican authorities plan to select a consulting firm to implement the 1,500 MW Mphanda Nkuwa hydroelectric project by the end of 2019. Nine of them were preselected following the first call for tenders for the project. The Mphanda Nkuwa hydroelectric project is about to take another step forward. It concerns the choice of the…

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AfDB’s support for electrification changes habits and lightens loads for Guineans

Aug 7, 2019

For over a year in Conakry, the Guinean capital, and in several other major towns and rural areas in the country, habits have changed. Like many of her compatriots, Arama Sire Camara, a fruit and vegetable seller in the province of Kindia (135 km from Conakry) is now much more confident and happy carrying on…

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Eskom to spend R4.32bn on diesel to keep electricity on till end of 2019

Aug 7, 2019

Eskom plans to spend up to R4.32-billion on diesel for gas turbines to keep the electricity supply on until December — and more after that. Yes, it is the worst-case scenario, but given the power utility’s reliability track record, a real possibility. It’s only by April 2020 that Eskom expects to ditch the need for…

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Zimbabwe’s Govt to pay Eskom $890,000 weekly

Aug 7, 2019

Government has concluded negotiations with South Africa’s power utility, Eskom, that will see the country receiving 400MW of electricity while paying US$890 000 weekly to service its legacy debt. This was said by Information, Publicity and Broadcasting Services Minister Monica Mutsvangwa at a post-Cabinet meeting media briefing yesterday. “Cabinet was informed by the Minister of…

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AIIM raises $300m for West Africa electricity projects

Aug 6, 2019

Africa Infrastructure Investment Managers (AIIM), a private equity fund manager, has recently completed a $300 million fundraising campaign. The operation is intended to finance projects in the energy sector in West Africa. Africa Infrastructure Investment Managers (AIIM) has new funds available to be reinvested in investment projects in the energy sector in West Africa. This…

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Zimbabwe’s Govt hikes electricity tariffs by more than 200%

Aug 6, 2019

Finance Minister Mthuli Ncube has more than doubled electricity tariffs for ordinary consumers with more than 200 percent effective immediately. Presenting his 2019 Mid-Term Monetary Policy Review statement on Thursday, Ncube gave power utility, Zimbabwe Electricity Supply Authority (Zesa) the nod to implement the tariff increase. “Electricity tariffs for domestic consumers will be increased from…

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Zimbabwe secures more electricity imports to ease power outages

Aug 6, 2019

Zimbabwe will ramp up its electricity imports over the next few weeks, potentially easing rolling power cuts, after it agreed to make payments to clear its debt to a regional power utility, a treasury official said on Monday. The southern African nation has endured 18-hour daily power cuts since May as a result of a…

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Senegal utilizes gas-to-power agenda for universal electricity access

Aug 5, 2019

As gas-to-power is a major pillar of Senegal’s strategy to provide universal power access and increase economic competitiveness, the country aims to obtain sufficient energy sources while reducing the electricity shortage among its people. Africa is leading the liquefied natural gas (LNG) global race as it will receive one-third of total global greenfield investments for…

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Tanzanian villagers should be connected to power – Energy Minister

Aug 3, 2019

Minister of energy Dr Medard Kalemani has warned Tanzania Electric Supplying Company Limited (Tanesco) that they will face the government wrath should the company fail to connect new customers. According to the minister since the customers are paying, Tanesco should always make sure that there are enough electric poles to connect new customers. “This is…

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