AFRICA DEVELOPMENT BANK APPROVED FINANCING PROGRAM FOR DESCOs

Posted on July 17, 2019July 17, 2019 by Gambeta News

Sub-Saharan Africa need funds for electricity production but will financial providers stop worrying about political, regulatory and administrative barriers?

Sub-Saharan Africa’s energy systems face an enormous challenge due to low electricity generated. This has made Africa Development Bank (AfDB) to approve an innovative multinational financing program for Distributed Energy Service …

ZIMBABWE PRESIDENT IN ENERGY TALKS WITH ESKOM

Posted on July 8, 2019July 8, 2019 by Gambeta News

President Mnangagwa held talks with President Ramaphosa over Zimbabwe Energy issues.

President Emmanuel Mnangagwa has held talks with President Cyril Ramaphosa of South Africa toward solving the nation energy problem. The bilateral meeting was to find a lasting solution to Zimbabwe power challenges.

During the meeting, President Mnangagwa announce that …

INTRO ENERGY TO LAUNCH US$100M PROJECT IN EGYPT

Posted on June 10, 2019 by Gambeta News

Intro Energy to launch electricity projects using net metering system in Egypt.

Intro Energy is set to launch projects that will help produce electricity from renewable resources in Egypt. The project will be to implement a solar energy plant with a capacity of 20MW in Sharm El-Sheikh. This will also …

PRESIDENT SISI PLAN EXPANSION OF ENERGY SECTOR

Posted on May 21, 2019 by Gambeta News

President Sisi Plans for Energy sector expansion after meeting with Noble Energy CEO

Egypt President Abdel Fattah el-Sisi has meet with delegates from Noble Energy for the expansion of the Energy sector. The meeting had in attendance Noble Energy CEO and Minister of petroleum.

During the meet, President Fattah el-Sisi …

WIND POWER TO EASE ELECTRICITY BILL PAYMENT IN KENYA

Posted on May 8, 2019 by Gambeta News

Wind power purchase set to reduce electricity bills in Kenya.

Residents in Kenya are set to have a reduce bill when it comes to electricity payment in the fourth quarter. This is after Kenya power plans to purchase wind-generated electricity at half price from October.

The plan is to first …

ECOWAS and UEMOA PRIORITISES INVESTMENTS IN TRANSPORT AND ENERGY SECTOR

Posted on April 30, 2019 by Gambeta News

ECOWAS and UEMOA plan to prioritise mostly investments in transport and energy sectors.

At a recent European External Investment Plan meeting in Accra, Ghana; the Economic Community of West African States (ECOWAS) and West African Economic and Monetary Union (UEMOA) said; it wishes to prioritise investments in the transport and …

ETHIOPIA SIGNS BILLION DOLLAR ENERGY INVESTMENT

Posted on April 29, 2019 by Gambeta News

Ethiopia’s indebtedness to China grows following energy investment

Following a meeting with State Grid Corporation of China, PM Abiy Ahmed oversaw the signing of a US$1.8 billion investment agreement which covers provision of electric power transmission and distribution lines. The project will supply power for up to 16 industrial parks; …

ZERA TO LICENSE INDEPENDENT POWER PRODUCERS (IPPs)

Posted on April 2, 2019 by Gambeta News

ZERA to issue 12 independent power producers (IPPs) license to operate in Zimbabwe

Zimbabwe Energy Regulatory Authority (ZERA) is set to license 12 independent power producers. This new plan will help the country’s power deficit gap to be slashed significantly.

The aim is to increase the nation power producing firm …

GHANA EXCESS ELECTRICITY CAPACITY SPENDING REACHES US$30m

Posted on March 26, 2019March 26, 2019 by Gambeta News

Ghana to reduce excess electricity spending after President Nana Akufo-Addo directive.

Ghana Government has announced that they lose US$30m annually due to spending on excess electricity capacity. The Minister of Energy John Peter Amewu made the announcement during the American Chamber of Commerce (AMCHAM) in Ghana forum.

The theme of …

JICA NEGOTIATING DEAL WITH ELECTRICITY MINISTRY TO LAUNCH NEW PROGRAM IN EGYPT

Posted on March 4, 2019March 5, 2019 by Gambeta News

JICA is in talks with Egypt Ministry of Electricity to launch two new programmes.

Energy is an important aspect when it comes to infrastructural development. This is why the Japan International Cooperation Agency JICA is in talks with Egypt Electricity Ministry to launch two programs.

The talks were announced by …

MALI TO OPEN US$139m 90MW POWER PLANT NEXT WEEK

Posted on October 26, 2018 by Gambeta News

Mali’s 90MW power plant to go online by next week

Mali’s first independent power project, a 90MW power plant will become active by next week. The 90MW plant costs about US$139.06-million (€122-million), and will also help drive foreign investment in the West African country. It’s location is in the gold-rich …

ENERGY GAINT IN SOUTH AFRICA ESKOM POSTS U.S $170 MILLION LOSS

Posted on July 23, 2018 by Gambeta News

ENERGY GAINT IN SOUTH AFRICA ESKOM POSTS U.S $170 MILLION LOSS

Eskom a South African electricity public utility suffers a net loss of R2.3bn in 2018, compared with a R0.9bn profit the previous year. This statement was revealed at its financial results presentation on Monday.

The poor results were allegations …

POWER AFRICA UGANDA SIGNS SOLAR ENERGY ACCESS MOU

Posted on June 22, 2018June 22, 2018 by Gambeta News

Power Africa Uganda signs MoU with UESA to expand solar energy in Uganda.

The Power Africa Uganda Accelerator, a US government funded initiative have sign an MoU with Uganda Solar Energy Association (USEA). The MoU will grant Uganda’s off-grid solar expansion programme US$500,000 to boost access to solar energy solutions …

POWER TO POWER SUMMIT 2018

Posted on June 22, 2018June 22, 2018 by Gambeta News

POWER TO POWER SUMMIT 2018: INNOVATION AND ENERGY EFFICIENCY

Details of the Power to Power Summit 2018 is as follows:

Date: 5th and 6th July, 2018

Venue: Hotel Presidential Port-Harcourt

Time: 10 a.m daily

The need for organizing this Power to Power Summit is to address the issues affecting energy/power …

ZIMBABWE STOPS SOLAR STREET LIGHT PROJECT

Posted on May 16, 2018 by Gambeta News

Zimbabwe halts solar street light project because of lack of funds.

Failure to raise enough fund have caused the Kwekwe City Council in Zimbabwe to halt the solar street light project. Last year the council made plans of raising US$200,000 for the installation of solar-powered street lights. So as to …

EQUATORIAL GUINEA MAKES PLANS FOR GAS MEGA-HUB

Posted on May 15, 2018 by Gambeta News

Equatorial Guinea to construct a gas mega-hub.

Equatorial Guinea is planning to construct a natural gas mega-hub. The hub will consist of an offshore and onshore aggregation and processing facilities. It will also have an interlinked production with London government.

The first phase of the project involves implementing a new …

SOUTH AFRICA SIGNS DEAL TO PRODUCE MORE ELECTRICITY

Posted on April 10, 2018April 10, 2018 by Gambeta News

South Africa to generate more energy with US$4.6bn IPP deal

Minister of Energy in South Africa, Jeff Radebe have signed a US$4.6bn contract with 27 independent renewable energy power producers. This contract is to enable the generation of additional 2300 MW of electricity over the next five(5) years.

This agreement …

FUTURE ENERGY AFRICA

Posted on March 12, 2018March 12, 2018 by Gambeta News

AFRICA’S FULL-STREAM & INTEGRATED OIL, GAS & ENERGY PLATFORM

CAPE TOWN INT’L CONVENTION CENTRE, CAPE TOWN

1 – 3 OCTOBER 2018

A full-stream integrated exhibition & conference platform committed to advancing future oil, gas & energy solutions for the African continent. In addition this event provides companies with an affordable …

ECOAFRIBUILD 2018

Posted on March 6, 2018March 8, 2018 by Gambeta News

A Definitive Showcase of Sustainable, Energy Efficient, Resource Efficient and Environmentally Responsible Building Products & Services

ECOAFRIBUILD 2018: Expo Centre Nasrec, Johannesburg, South Africa from wednesday, 15 August to Saturday, 18 August 2018

ECOAFRIBUILD is a platform for the latest innovations in sustainable products and services that help building …

GERMANY PROVIDES US$27m FOR ENERGY ISSUES IN NIGERIA

Posted on January 19, 2018 by Gambeta News

Nigeria to get US$27m from Germany to tackle energy issues.

According to German Ambassador to Nigeria, Bernhard Schlagheck, The German government has provided a total of US $ 27m to Nigeria, to address energy and climate change issues in the country.

The sponsorship which is termed Nigerian Energy Support Programme …

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