Distributed solar company BBOXX has launched its ePay system in Rwanda. The payment system is designed to take advantage of the roughly $180m of remittances sent back to the country each year by allowing Rwanda’s diaspora to make payments for...
A renewable energy impact fund headed by former Scatec Solar head of business development Terje Osmundsen has reached its $8m first threshold commitment. Empower Invest will invest equity in 1-10MW renewable projects in developing countries,...
The United Kingdom, the Netherlands and France have committed funds for Climate Investment Funds (CIF) programmes, the World Bank Group (WBG) announced on 23 September. The UK committed £200m ($249m) to the CIF’s Global Energy Storage Programme (...
Nigerian National Petroleum Corporation (NNPC) has said it will begin full rehabilitation of the Port Harcourt, Warri and Kaduna refineries in January 2020. NNPC group managing director Mallam Mele Kolo Kyari announced the project on 21 September...
President Mahamadou Issoufou formally launched the Niger-Benin export pipeline project on 17 September at a ceremony at Koulélé, in the Agadem region. The launch of the surface works followed the signing on 15 September of a transportation...
The World Bank Group (WBG) board on 17 September approved a $57m financing package for the Mozambique-Malawi Regional Interconnector Project, comprising a $42m grant for Mozambique and a $15m loan for Malawi from the International Development...
Vitol and Empresa Nacional de Hidrocarbonetos (ENH) on 17 September announced the launch of a joint venture commodity trading company, ENH Energy Trading. The company will initially be owned 51% by ENH and 49% by Vitol, but ENH’s share is...
The Ministry of Mineral Resources and Energy has appointed a team of advisers to assist with development of the 1.5GW Mphanda Nkuwa hydropower project on the Zambezi River, 60km downstream from the 2,075MW Cahora Bassa dam. The consortium, led by...
Germany’s KfW has agreed to extend a €25m grant to the Ministry of Economics and Finance for the Global Energy Transfer Feed-in-Tariff (Get FiT) programme in Mozambique. The programme will promote private sector investment in solar PV systems...
Electricidade de Moçambique (EDM) has signed a memorandum of understanding to sell 50MW of power to Zimbabwe. Mozambique news agency AIM reported that the agreement was signed in Maputo on 12 September and sales were due to begin in October. EDM...
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