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NNPCL signs 20-year gas supply deal with Ssonic Petroleum for Lagos LNG project
The Nigerian National Petroleum Company Limited (NNPCL) has signed a 20-year Gas Sale and Purchase Agreement (GSPA) with Ssonic Petroleum to supply 80mn standard cubic feet per day (mmscfd) of natural gas
South Africa’s $9.3bn climate finance deal to go ahead despite US withdrawal
The United States has exited the Just Energy Transition Partnership (JETP), a global initiative of assisting developing countries, including South Africa, in transitioning from coal to cleaner energy sources.
Uganda, China’s CIWEC agree on urgent repairs for Isimba Dam
Uganda and China International Water and Electric Corporation (CIWEC) have agreed to jointly fix serious structural defects at the Isimba Hydro Power Dam, ending months of disputes over responsibility.
Uganda seeks bids for solar-powered water supply systems
Uganda’s Ministry of Water and Environment has invited bids for the supply, installation, and commissioning of solar energy systems for four water supply schemes
Nedbank, Norfund to invest $31mn in South Africa’s Pele Energy Group
South Africa’s Nedbank Group and Norwegian investor Norfund are acquiring a “substantial minority” stake in Pele Energy Group, an independent power producer, focusing on renewable energy projects and community development in South Africa
Kenya launches tenders for two 40-MW solar farms
Kenya has launched a tender for the construction of two 40-MW solar farms in its southern region
Nigeria’s Adamawa State secures $1.9bn investment for 300MW solar farm in partnership with REA
Scatec ASA sells stake in African hydropower plants to TotalEnergies
Norwegian renewable energy investor, Scatec ASA, (Scatec) has concluded the sale of its 51% stake in its hydropower assets in Africa to French giant TotalEnergies for $167mn.
South African-Swedish JV plans to build $2.9bn floating wind farm off KwaZulu-Natal coast
GenesisHexicon, a South African-Swedish joint venture (JV), is planning to build a huge floating wind farm off the coast of Richards Bay, in KwaZulu-Natal province of South Africa.
South Africa must upgrade rail, electricity systems, boost private sector investment, says World Bank
Amea Power starts building 50 MW of solar in the Ivory Coast
Egypt’s nuclear plant El Dabaa to have reactor shell for first unit this year, says Russian official
South Africa: City of Cape Town to receive $157mn loan for power grid upgrade
Cape Town, South Africa’s second largest city, has won a €150mn ($157mn) loan for its power grid upgrade from German government-owned financial institution KfW, one of the world’s largest development banks.
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