Category archives for: Electricity

Siemens, Rotan Power in Landmark Power Plant Project Deal

Accra, December 14, 2017//-Siemens, a German technology firm and Rotan Power, Singapore based company have signed a memorandum of understanding (MoU) to develop and build a combined cycle power plant with a capacity of 660 megawatts (MW) at the Aboadze Power Enclave located in the western Region of Ghana.

Shared Infrastructure and the Role in Job Creation and Integration in Africa

December 13, 2017//-The Ruzizi III Hydropower Plant Project, which serves Burundi, the Democratic Republic of Congo, and Rwanda, could create about 135,200 total jobs over the project’s lifespan.

AFC, Harith Final Close on Merger of Assets into New Operating Firm

Port-Louis, Mauritius, December 13, 2017,-/African Media Agency (AMA)/- Africa Finance Corporation (AFC) and Harith General Partners, acting on behalf of its portfolio company Aldwych Holdings Limited, have announced final close of the merger of their respective electricity generation assets into a new operating company, Anergi Holdings Limited.

Africa Needs To Fix Its Energy Problems To Speed Up Growth

Addis Ababa, Ethiopia, December 6, 2017/ — Africa will not be able to accelerate and sustain growth without adequate access to energy, says Economic Commission for Africa’s Executive Secretary, Vera Songwe.

Vivo Energy Moves To Deepen Footprint in Africa

Amsterdam, The Netherlands,  4 December 2017//-Vivo Energy Holding B.V. (Vivo Energy) has today agreed to enter into a share transaction with Engen Holdings (Pty) Limited (Engen Holdings), a 100% subsidiary of Engen Limited, in relation to the purchase of shares in Engen International Holdings (Mauritius) Limited (Engen International Holdings) for the exchange of a shareholding […]

Nigerians Asked Brace Up For Higher Electricity Tariffs

Vice President of Nigeria Yemi Osinbajo has said Nigerians must brace up for the payment of higher electricity tariffs, insisting that it had become inevitable.

Ghana: GridCo’s 11.5KV Power Feeder Destroyed by Fire

Tamale, NR, November 21, 2017//-A late evening fire outbreak at the premises of the Ghana Grid Company (GridCo) in Tamale in the Northern Region has left one of the company’s 11.5KV power feeders destroyed.

Future Energy East Africa Puts Spotlight on Huge Energy Potential

Nairobi Kenya, November 16, 2017//- Huge potential, unlimited opportunities – this is how energy experts in the region describe the East African power sector.

Nigeria: Power Firms Warn Against Roll Back Of Privatisation

Lagos, Nigeria, November 9, 2017– Electricity distribution companies in the country on Wednesday officially reacted to the recent plan by the Federal Government to review the processes that saw to the handing over of 11 successor companies of the Power Holding Company of Nigeria (PHCN) to new investors on November 1, 2013.

Ghana: Energy Bond Fails to Meet GH¢6bn Target

E.S.L.A PLC, on Monday, November 6, 2017, said it successfully closed its books for the issue of the ESLA bonds on Friday, November 3, 2017, after extending the timeline for the issue of the 10-year bond by one week.

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