Infrastructure News

The Guardian

THE World Bank Group announced yesterday that it mobilised about nearly N2.5 trillion as part of the reforms in the power sector, to support electricity generation in Nigeria. In the same vein, to harness interests...

Financial Afrik

Benjamin Augé, chercheur associé aux programmes Afrique subsaharienne et Énergie de l'Institut français à l'IFRI, principal centre indépendant de recherche, d'information et de débat sur les grandes questions...

Africa Renewal

Apapa is the industrial hub of Lagos, Nigeria's bustling commercial capital that's home to some 17 million people.  Daily, the air in Apapa reverberates with the humming sound of electricity generators. In...

CNBC

African Development Bank plans to launch a $3bn infrastructure fund to raise money to deliver on vital infrastructure on the continent.

The money will be raised from regional and non-African pension funds, insurance...

Climate Progress by Ari Phillips

The United States, China, India, Japan, and Europe all fit within Africa, a continent that lags behind those places in development. When it comes to energy and electricity, this lack of...

Daily Nation

The first batch of funds meant to subsidise new power connections is expected in September. The government hopes that its proposal to the African Development Bank will get board approval during the bank´s meeting in...

All Africa

On the occasion of World Water Day, which is celebrated on March 22 and this year focuses on water and energy, Alex Rugamba, Director of the African Development Bank's Energy, Environment and Climate Change...

Ventures



Transmission Company of Nigeria (TCN), a business unit under the Power Holding Company of Nigeria (PHCN), says it would need $7.7 billion to improve power infrastructure in the next five years.
 


Mack Kast,...

BiztechAfrica

The Lake Turkana Wind Power Project (http://ltwp.co.ke) meant to add an existing 300MW of reliable, low cost wind energy to the national grid of Kenya reached a critical milestone following the signing of the...

World Bank

The World Bank Group's Board of Executive Directors today approved a US$100 million grant to the Republic of Burundi for the Jiji and Mulembwe hydropower project.
 


Sub Saharan Africa (SSA) is suffering from a...

Business Day

Investors are betting on the emergence of a Nigerian made global brand or African champion in the oil and gas space with the scramble for shares of Seplat Petroleum Development Company, which raised $500 m in an...

FreeNewsPos.com

During President Obama's trip to Africa in 2013, he made four major commitments. Some in his administration have referred to the commitment as the four points of a diamond, each addressing a critical need in...

The Reporter

The governments of Ethiopia and the United States will co-host the US-Africa Energy Ministerial (AEM) meeting in Addis Ababa, Ethiopia, from June 3 to 4.

According to the Ethiopian Ministry of Water and Energy, AEM...

Guardian.co.uk

Claim and counter-claim has attended the delayed publication of a report on the likely impact of the Grand Renaissance dam.

The opening sentence of Egypt's new constitution describes the country as the river...

BiztechAfrica

Kenya Power plans to roll-out fibreglass poles in place of wooden poles, to reduce the cost of maintenance.

Despite the fibreglass poles being more expensive than current alternatives, they have a life span of...

APA

The African Development Bank (AfDB), Dutch Development Bank FMO, Development Bank of Southern Africa and Propaco of France on Wednesday signed a US$142-million loan to develop the 120-megawatt Itezhi Tezhi power project in...

IRIN

Could fears of the imminent collapse of the more than five-decade-old Kariba Dam on the Zambezi river between Zimbabwe and Zambia spur Zimbabwe into more effective disaster preparedness?

In early March, engineers at a...

APA

Mozambican President Armando Guebuza says investment in transport, communications and energy infrastructures is not just a business opportunity but is a crucial ingredient for peace and security in Africa, APA learns here...

Le Point.fr

Ces mots sont du président de la Banque mondiale. Pour Jim Yong Kim, les Africains sont "privés de l'accès généralisé à l'électricité dont jouissent les pays du Nord".

"Aujourd'hui, la consommati on...

Bloomberg

The African Development Bank is in talks with Nigerian officials to boost the value of its partial-risk guarantee for power industry investments by $200 million this year.

An agreement would see the amount from which...