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Zambia: Neoen launches solar plant

President Edgar Lungu has said Zambia wants to reduce the dominance of Zesco and attract more private investment into the power sector as he inaugurated the 47.5MW Bangweulu solar independent power plant in the Lusaka South Multi-Facility...

Zambia: Zesco plans $500m bond issue

State-owned power utility Zesco has appointed Standard Chartered Bank as lead arranger for a $500m bond issue planned by May this year to help clear its debts. According to documents seen by African Energy, Zesco owes suppliers just over $900m,...

Uganda: EAIF lends $27m to Kikagati hydro

The Emerging Africa Infrastructure Fund (EAIF), part of the Private Infrastructure Development Group, has signed a $27m loan agreement for the 16.5MW Kikagati run-of-river hydropower project. The plant, which is under construction, is located on...

Elections alone won’t deliver a new Tunisia while economy drifts

Abdelaziz Bouteflika’s announcement that he will not seek a fifth term as Algerian president has once again raised questions of gerontocracy and failed governance in Africa. Tunisian head of state Béji Caïd Essebsi benefits from a degree of...

Tullow announces board appointments

Tullow Oil has appointed Sheila Khama and Genevieve Sangudi as non-executive directors and announced the retirement of Tutu Agyare from the board. Khama is a policy adviser on the mineral, oil and gas industries at the World Bank in Washington...

Mauritania/Senegal: Tortue contracts

BP has given contracts to McDermott International and Baker Hughes (BHGE) for subsea umbilicals, risers and flowlines (Surf) and subsea production system equipment for the Greater Tortue Ahmeyim natural gas project offshore Mauritania and Senegal...

Senegal: SNE subsea contract

Subsea 7 has announced a contract from Woodside Energy for engineering studies for the first phase of the SNE field development. The contract was awarded to the Subsea Integration Alliance partnership between Subsea 7, Schlumberger and OneSubsea...

PIDG starts to see fruits of restructuring

The Private Infrastructure Development Group (PIDG) has launched a new five-year strategy with the goal of building on a governance restructuring carried out in early 2018. PIDG is one of the most active development finance institutions working...

InfraCredit green bond for Shiroro in Nigeria

The Private Infrastructure Development Group (PIDG) is looking to expand its InfraCredit model, which was established in Nigeria in 2017 by the Nigerian Sovereign Investment Authority and GuarantCo to provide credit enhancements to infrastructure...

Mozambique: Mphanda Nkuwa consultants sought

The Ministry of Mineral Resources and Energy has invited expressions of interest by 22 March from international consultants to provide transaction advisory services for the long-mooted Mphanda Nkuwa hydropower project on the Zambezi River in Tete...

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