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Finance

transmission_lines
Construction of Ethiopia-Kenya link to begin in September 2013

The decision by the African Development Bank (AfDB) to provide US$338 million of funding for a 1,068 km high capacity transmission line between Ethiopia and Kenya has ensured its go-ahead in September 2013.

 

 

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Construction begins on Ouarzazate CSP project

Construction of the 160 MW Ouarzazate concentrated solar power (CSP) project begun in Morocco during May 2013. The US$810 million project is expected to be completed in 2015.

 
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North African CSP plan world’s most ambitious

 

The Climate Investment Fund (CIF) has given the go-ahead to north African countries Algeria, Egypt, Libya, Morocco and Tunisia as well as middle eastern country Jordan to proceed with an updated version of a plan to create 1,120 MW from concentrated solar power (CSP). The plan will receive US$660 million from the CIF’s Clean Technology Fund (CTF) and is expected to leverage nearly US$5 billion from other donors and private financing.

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Financial closure for round 2 REIPPP in South Africa

South Africa’s renewable energy independent power producer programme (REIPPP) round two has reached financial closure with 19 projects achieving this milestone on May 9th 2013.

 
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<em>Ngozi Okonjo-Iweala,<br /> coordinating Minister for <br />the Economy and Minister<br /> of Finance</em>
Ngozi Okonjo-Iweala,
coordinating Minister for
the Economy and Minister
of Finance
Nigeria’s government not competent to run energy sector – finance minister

“Privatisation does not always work in Nigeria. However, our government is not competent to run the energy sector. We tried it for 40 years!”

 
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Top Stories | Week at a Glance | Month at a Glance

The handheld digital signal analyzer NS601
A featured product of Ponovo
The handheld digital signal analyzer NS601 is specially designed for fiber optic signal instruments. This relay test- digital signal analyzer has the functions of multimeter, oscilloscope, harmonic meter and CT polarity analyzer etc. ... more

SA’s electricity sector not healthy
<em>Antonio Ruffini,<br /> Editor, ESI Africa</em>
Antonio Ruffini,
Editor, ESI Africa

South Africa’s electricity sector is in trouble, and has been for some time. There are days when the supply available to meet peak demand is less than the capacity of a single large generation unit available to Eskom, which means margins for error let alone reserve margins are non-existent.

 
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East African Power Industry Convention 2013 (EAPIC)
9 - 11 September 2013,
Nairobi, Kenya
DRC Oil & Gas Summit 2013
17 - 18 September 2013,
Kinshasa, DRC
Infrastructure Partnerships for African Development iPAD DRC 2013
9 - 11 October 2013,
Kinshasa, DRC







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