East Africa wants to become a leading electricity exporter in Africa after reaching initial agreements with several neighbouring countries writes JOHN SAMBO.   Gosaye Mengistie Abayneh, the CEO of Ethiopian Electric Utility (EEU) said recently, "Our vision is to interconnect the entire network in the African continent and beyond.   "This is a very good opportunity for us. There is a very good know-how these days and a.... Read more »

Posted on : Thursday , 4th February 2016

 One of the leading Lebanese energy companies Phoenix Energy is now set to construct one of the largest solar power plant in Egypt after clinching a contract for the same.   According to the officials from the Lebanese firm, the project will be constructed near Luxor and Aswan region in the country. According to the officials, the project is expected to be one of the biggest in Egypt.  Phoenix Energy will install over 200,000.... Read more »

Posted on : Wednesday , 3rd February 2016

 A multi-million satellite complex Tatu City in Kenya , has announced that it had appointed US-based firm Power Engineers Inc to plan on power infrastructure for use within the industrial complex.   Power Engineers is one of the largest consulting engineering firms in the United States   Tatu City in Kenya management said that The Power Engineers Inc is well suited for the job having worked with clients such as the World Bank,.... Read more »

Posted on : Saturday , 30th January 2016

 An international power firm has announced plans to construct a 10 MW solar plant in Gambia a move that will boost electricity supply in the country. Emerging Power Ghana Limited has already signed a 25-year power purchase deal with Gambia’s National Water & Electricity Company (NAWEC).   Yasser Gamil, Emerging Power (Gambia) Ltd.,MD signed the agreement on behalf of the company while the National Water & Electricity.... Read more »

Posted on : Friday , 29th January 2016

 China will invest $15Billion for over 15 infrastructure projects in Egypt following a recent visit by president Xi Jinping to the North African country.   According to official reports presidents Jinping and Sisi signed a number of joint projects aimed at boosting infrastructure in the country.  More investment will be channeled towards electricity, transport and infrastructure sectors.   According to Sisi the projects.... Read more »

Posted on : Thursday , 28th January 2016

 African Development Bank will manage Africa's New Deal on Energy along with investing US$12bn in energy funding over the next five years The deal's aims all revolve around providing more power for the households for Africa  Africa has been well-recognised as a huge resource potential for the energy sector and yet the economic conditions do not yet allow the complete utilisation of this potential. It is these circumstances that have.... Read more »

Posted on : Wednesday , 27th January 2016

 The Largest mall in East Africa that is under construction in Kenya-Two Rivers mall will get its own electricity thanks to investment firm Centum that has pledged to construct solar and diesel power plants that will generate 12MW of electricity to provide power to the mall.   Centum secured a license from the Energy Regulatory Commission (ERC) to generate and supply electricity at the mixed-use commercial development that.... Read more »

Posted on : Wednesday , 27th January 2016

 The construction of the  Ethiopia Renaissance Dam is in good course despite stiff opposition from Egypt. Reports from Ethiopia Electric and Power Corporation seem to indicate that the dam will soon start generating 750MW of electricity.   However, Egypt is concerned that the dam will be utilised for irrigation in Ethiopia, resulting in reduced downstream supply. However, Ethiopia maintains that there are no hidden agendas.... Read more »

Posted on : Tuesday , 26th January 2016

 Namibia will construct its largest gas power plant since independence in 15 months’ time, Xaris Holdings, a company managing the project has announced. The plant is estimated to cost 450 million US dollars.   Other companies involved in this mega project includes; General Electric, Excelerate Energy, Standard Bank, Garanti Koza, KS Energy and Ariya Capital Group.   The major power  plant to be constructed in.... Read more »

Posted on : Monday , 25th January 2016

 The construction of Batoka Hydro Power Plant in Zimbabwe is set to commence in 2017. The plant will be built on the Zambezi River along the Zimbabwe-Zambia border.   Zimbabwe’s Energy and Power Development Minister, Samuel Undenge, told journalists in Harare last week that the feasibility studies are expected to be completed by June this year.   “This is a joint project between Zimbabwe and Zambia and with the.... Read more »

Posted on : Friday , 22nd January 2016

Sweden and the United Kingdom have raised $67 million towards Tanzania's rural electrification programme.   'The main objective of the financing programme is to increase access to modern energy services in rural areas of mainland Tanzania for sustainable social economic development and poverty alleviation,' the official statement read sin part.   Sweden through the Swedish International Development Agency (Sida) together with the.... Read more »

Posted on : Wednesday , 20th January 2016

 World Bank group IFC has issued a green bond worth US$71mn for climate-friendly investments in emerging markets windenergy jimhammer flickrThe IFC bond will be used for investments in renewable energy and environment-friendly initiatives. The proceeds will be used to support investments in renewable energy, energy efficiency, and other areas that aim to reduce greenhouse emissions. The bond has been issued in South African currency or.... Read more »

Posted on : Saturday , 16th January 2016