Electricity customers should brace themselves for steeper increases. shutterstock Rod Crompton, University of the Witwatersrand Eskom, South Africa’s state-owned power utility, has a litany of financial and operational problems. In 2017 the Goldman Sachs Group declared it the biggest risk to the South African economy. Several cabinet members have said so too. President Cyril Ramaphosa […]
In November, Zambia became Africa’s first pandemic-era debt defaulter after it failed to service a $40m bond payment. Creditors rejected its pleas for a six-month grace period. For keen observers of Zambian affairs, this should hardly be a surprise.
Abidjan, Ivory Coast, December 18, 2020/ — The Board of Directors of the African Development Bank has approved a loan of UA 30 million ($42.9) million to finance the second phase of a major power transmission and interconnection project in Madagascar.
Johannesburg, South Africa, December 2, 2020/ — Africa’s electricity generation capacity has grown at an average of 4.8 percent per annum since 2008.
October 29, 2020//-It is highly unlikely that Egypt will attack Ethiopia’s flagship dam due to an unresolved dispute over water allocation, an expert says.
October 28, 2020.//-Some supporters of the governing New Patriotic Party (NPP) in Upper Manya Krobo Constituency of the Eastern Region locked the office of the Electricity Company of Ghana (ECG) in the area over an intermittent power cut during a campaign event of Vice President Dr Mahamadu Bawumia.