Category archives for: Energy

EBRD Finances Upgrade of Egypt’s Suez Refinery

May 24, 2018//-Supporting the modernisation of Egypt’s oil industry, the European Bank for Reconstruction and Development (EBRD) is providing a US$200 million for major investments in energy efficiency and refurbishment of the oil refinery owned by Suez Oil Processing Company (SOPC).

AfDB, African Finance Ministers Discuss Climate, Disaster Risk Financing

Busan, Republic of Korea, May 23, 2018/ — The President of African Development Bank (AfDB), Akinwumi A. Adesina, and the Bank’s Board of Governors held a high-level session on “Climate and Disaster Risk Financing” focusing on the Role of the African Risk Capacity (ARC) and the Africa Disaster Risk Financing Program (ADRiFi) on Wednesday in Busan, Korea.

EBRD Becomes the First Bank to Sign Up to Major Initiative to Promote Financial Stability

May 23, 2018//-The European Bank for Reconstruction and Development (EBRD) has become the first multilateral development bank (MDB) to sign up to a major international initiative to promote financial stability in the face of uncertainties created by a changing climate.

Chart of the Week: Greenery and Prosperity

May 22, 2018//-Economic growth has traditionally moved in tandem with pollution. But can countries break this link and manage to grow while lowering pollution?

Kenya Trains Welders to Replace Chinese Workers on Oil Pipeline

May 18, 2018//-Kenya will Monday start British accredited training of oil pipeline welders to ease skills shortage that forced the country to ship in Chinese, Nigerian and Lebanese workers.

USAID Introduces Geospatial Tool to Guide Zambia’s Electricity Sector

Washington D.C., USA, May 17, 2018//- The United States Agency for International Development (USAID) in support of Power Africa has developed a geospatial tool to guide the advancement of the Zambia energy sector.

Ghana Inaugurates Committee to Supervise Open Bidding of Oil Blocs

Accra, Ghana, May 16, 2018//-The Minister for Energy, Boakye Agyarko has inaugurated a committee to supervise the open competitive bidding of Ghana’s oil blocs to prospective oil exploration companies.

Kenya’s Amu Power , GE Sign Clean Coal Tech Agreement

Nairobi, Kenya, May 16, 2018// — Gulf Energy, the developer of the 1050Mw Lamu Coal Power Plant (Amu Power), the largest private sector led infrastructure project in East and Central Africa, has today entered into a Clean Coal Technology agreement with General Electric (GE).

32 Nigerian Firms, Others Grab Crude Oil Contracts

May 16, 2018//-The Nigerian National Petroleum Corporation (NNPC) has awarded 50 companies with contracts to buy Nigerian crude and more than half of them are local firms, foreign and Nigerian trading sources said, according to Reuters.

Why Nuclear Power for African Countries Doesn’t Make Sense

May 15, 2018//-Over the last few years reports have surfaced of a range of African countries planning nuclear power plants.

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