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Author: team_c

World Bank Approves US$22.5 Million for West and Central African Countries to Support Solar Energy

March 24, 2021

The World Bank’s Board of Executive Directors has approved a total of US$ 22.5 million in additional financing to the Regional Off Grid Electricity Access Project. The facility will be …

World Bank Approves US$22.5 Million for West and Central African Countries to Support Solar Energy Read More

TCN to Add 4,000MW to Nigerian National Grid

March 23, 2021

Sule Abdulaziz, acting managing director at TCN, shared that the company had acquired a new office for its Project Implementation Units, which were created to increase the delivery of projects. …

TCN to Add 4,000MW to Nigerian National Grid Read More

Katsina Wind Farm Makes Headway for Nigeria’s Abandoned Projects

March 23, 2021

In Nigeria, the 10 MW Katsina wind farm project has been completed and will be commissioned later this month as confirmed by the Ministry of Power in the Federal Government. …

Katsina Wind Farm Makes Headway for Nigeria’s Abandoned Projects Read More

Tanzania to Get $50 M Loan from OPEC for Rural Infrastructure Development

March 19, 2021

The OPEC Fund for International Development the development finance institution of the Organization of the Petroleum Exporting Countries-has signed a US$ 50 million loan with Tanzania to finance the ‘Fourth …

Tanzania to Get $50 M Loan from OPEC for Rural Infrastructure Development Read More

Malawi Bank Buy 51% Stake In ACB Bank Tanzania

March 19, 2021

National Bank of Malawi plc, the leading bank in the country, has completed the acquisition of a 51 per cent controlling stake in Akiba Commercial Bank plc of Tanzania for …

Malawi Bank Buy 51% Stake In ACB Bank Tanzania Read More

Gnugrid Raises $250,000 for Its Off-Grid Monitoring Solution

March 8, 2021March 8, 2021

GnuGrid Africa wants to enhance the dissemination of its “Solar Sentra” digital monitoring solution to off-grid companies in Africa. To do so, the Ugandan company recently carried out a financial …

Gnugrid Raises $250,000 for Its Off-Grid Monitoring Solution Read More

Winch Energy Obtains $16 Million to Finance 49 Mini-Grids in Two Countries

March 8, 2021March 8, 2021

Winch Energy is innovating in the financial mobilisation of its solar mini-grid projects in Africa. The solar energy provider now has a platform that facilitates the financing of the electrification …

Winch Energy Obtains $16 Million to Finance 49 Mini-Grids in Two Countries Read More

Nigeria: FG Signs 25MW Power Deal for Kano Free Trade Zone

March 5, 2021March 5, 2021

The Federal Government, on 19th February announced, it had signed a 25 megawatt Independent Power Project agreement, to enhance electricity supply to industries in the Kano Free Trade Zone. Richard …

Nigeria: FG Signs 25MW Power Deal for Kano Free Trade Zone Read More

Largest Hydropower Project in Africa, GERD to Be Fully Operational By 2023

March 5, 2021

The largest hydropower project in Africa, the Grand Ethiopian Renaissance Dam (GERD) is set to be operational by year 2023 as per the reschedule. According to Ethiopia’s Minister of Water, …

Largest Hydropower Project in Africa, GERD to Be Fully Operational By 2023 Read More

First Gas Flows From Equatorial Guinea’s Alen Backfill Project

March 4, 2021

Noble Energy EG Ltd., a subsidiary of Chevron, announced the first gas flow following the successful implementation of the Alen Gas Monetization Project. The project – consisting of a 70-km …

First Gas Flows From Equatorial Guinea’s Alen Backfill Project Read More

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