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EIB to lend $12.5mn to boost off-grid solar in Uganda
The European Investment Bank is to lend $12.5mn to France’s ENGIE to fund the installation of 240,000 solar home systems in Uganda
REDAVIA received FDI loan to fund solar in Africa
African solar developer REDAVIA has received €1.5mn ($1.73mn) as its first catalyst loan from Nordic Development Fund-backed Energy and Environment Partnership Trust Fund (EEP Africa).
Eskom’s legal victory clears the way for higher tariffs
Eskom can now add an extra 10% onto its tariffs after winning a major legal battle with NERSA over how government subsidies are given out
COVID and project difficulties keep Siemens Gamesa in the red
COVID and project difficulties keep Siemens Gamesa in the red
US Eximbank to provide largest portion of $14.9bn Mozambique LNG loan
The US Export-Import Bank (Eximbank) is set to make the largest individual contribution to a nearly $15bn credit package that the Mozambique LNG consortium is using to fund its project.
Nigeria moves towards fuel market reform: FBNQuest
Standard Bank calls for green and flexible energy systems in Africa
Standard Bank calls for green and flexible energy systems in Africa
Eskom seeks consultants to drive forward reform
Eskom seeks consultants to drive forward reform
New hope for GERD talks, but differences between Egypt and Ethiopia are still deep
Ethiopia, Egypt and Sudan gave embarked on a fresh round of GERD talks
IFC invests $10mn in Globaltronics to expand installation of digital electricity meters in Egypt
Renergen launches South Africa’s first ever LNG auctions
Renergen has launched South Africa’s first ever auction of LNG by opening a bidding contest for future LNG production streams from the Victoria Gas Project.
Sluggish oil prices led Uganda’s ERA to keep power tariffs steady in Q3-2020
Uganda’s Electricity Regulatory Authority (ERA) has reportedly identified sluggish crude oil markets as the main factor underlying its decision to keep electricity tariffs steady in the third quarter of 2020.
Chevron confirms plan to buy Sasol’s indirect stake in Escravos GTL plant
The US major Chevron has confirmed that one of its subsidiaries is slated to acquire additional equity in the Escravos gas-to-liquid (EGTL) plant from South Africa’s Sasol.
Total reveals details of Mozambique LNG financing deal
France’s Total has divulged some details of a recently signed financing agreement that will cover around three quarters of the projected costs of the Mozambique LNG project.
No deal again for GERD
Egypt has called on Ethiopia to clarify if it has indeed started to fill the $4bn Great Ethiopian Renaissance Dam, after reports in regional media this week that water levels has started to rise.
SA urged to pursue renewables to meet Paris targets and avoid higher tariffs
Increasing investment in renewables will allow South Africa to meet power future demand, reduce emissions and meet its Paris Agreement commitments.
Green hydrogen costs predicted to fall
Hydrogen produced by green electricity could be cheaper than hydrogen produced by burning natural gas by 2030.
Green investment rises 5%
Renewable investment showed great resilience in the first half of 2020, increasing 5% in the face of the unprecedented economic shock caused by COVID-19.
Guterres calls for coal-free COVID-19 recovery plans
UN Secretary-General Antonio Guterres’ call for an end to coal support contrasts with G20 states’ continued support for fossil fuels
Golar LNG’s FLNG vessel loads 40th cargo offshore Cameroon
Bermuda-based Golar LNG has reported that the Hilli Episeyo, the first vessel in the world to be converted to a floating LNG (FLNG) unit, has reached the milestone of lifting its 40th cargo offshore Cameroon.
NNPC: Nigerian gas production up 3.73% in April
Nigeria saw natural gas production levels rise slightly in April, according to the monthly financial and operations report published by Nigerian National Petroleum Corp. (NNPC) last week.
SA parliament reveals details of Eskom’s $234mn payment scandal
SA parliament reveals details of Eskom’s $234mn payment scandal
Rural electrification surges forward in Togo
The Togolese Rural Electrification and Renewable Energy Agency (AT2ER) has been ranked third in the UK’s Ashden 2020 Prize for its renewable energy development policy.
New EDM head aims for 2030 date for universal power access
New EDM head aims for 2030 date for universal power access
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