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AfrElec’s covers coal and gas-fired thermal power, nuclear, renewables, hydro, combined heat and power (CHP), transmission, grid and storage. It also covers the political and investment decisions needed to improve access to electricity for Africa’s expanding population.
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Legislators want Ketrco probed for KES18.5bn loss
A parliamentary committee has recommended an investigation of the management of a state agency over a delayed power project that saw taxpayers lose KES18.5bn ($158mn)
Energy efficiency: a central pillar of meeting green targets
Energy efficiency must play a central role in meeting the world’s emissions reduction and renewables energy targets.
AfDB seeks increased Chinese investment in Africa’s renewable energy sub-sector
He further revealed that the bank has been increasing investment for renewable energy projects to harness some of the potentials.
Kenya offers cheap geothermal energy to crypto miners
Kenya’s largest electricity producer KenGen PLC is seeking to attract cryptocurrency miners, in order to turn the country into the continent's block reward mining hub, its acting director for geothermal development has said.
South Africa must ensure its rail, power utilities are more efficient to grow economy, IMF says
Zimbabwe needs private sector investment to boost electricity generation, consultant says
Savannah Energy’s Accugas subsidiary signs gas supply agreement with Nigeria’s TAPL
Accugas, an 80% indirectly owned subsidiary of Savannah Energy, has signed a short-term deal with TransAfam Power Ltd (TAPL) on the delivery of natural gas for use at the latter company’s power plants in Nigeria’s Rivers State.
South African energy investment fund Mahlako supports 30MW solar power project at gold mine
Spark+ invests $4mn in BURN to accelerate its expansion across Africa
Spark+ Africa Fund has invested $4mn through long-term quasi-equity instrument in BURN Manufacturing that specialises in making of efficient cooking appliances in Kenya.
US completes $316mn investment in Ghana’s energy infrastructure
The $50mn power substation is expected to support a more reliable power for hundreds of thousands of homes, schools, hospitals and offices in Ghana.
World Bank issues $150mn guarantees for acquisition of gas-fired power station in Mozambique by Azura
Kenya’s electricity demand hits new record peak of 2,051 MW
Kenya’s electricity usage has hit a peak of 2,051 MW from 2,036 MW in November 2021 due to accelerated growth and recovery of demand.
Poorer countries risk being left behind over power access as pandemic bites
The COVID-19 pandemic is holding back the global movement towards universal energy access, with 733mn people still without access to power at home in 2022.
G7 sets decarbonisation goal for 2035
The G7 has agreed to “predominantly decarbonise electricity sectors by 2035,” and to end government financing for international coal-fired power generation and speed up the phase-out of unabated coal plants by the same year.
Uganda's Nyamwamba ll hydroelectric power plant secures $10.6mn financing from EAIF
Emerging Africa Infrastructure Fund (EAIF), is providing $10.6 mn loan to developer of 7.8 megawatts Nyamwamba ll 7 hydroelectricity plant in Kasese district of western Uganda.
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