IFC coordinates financing package for Cameroon hydropower project

IFC in partnership with the government of Cameroon, and EDF have signed a set of agreements that will lead to the construction of the Nachtigal hydroelectric plant.
ester transformer fluid

Africa’s first ester transformer fluid factory opens

UK-based M&I Materials recently announced the opening of its ester transformer fluid factory in South Africa to power utilities in sub-Saharan Africa.
Future Energy Nigeria

Future Energy Nigeria speaks out ahead of conference

The programme director for the upcoming Future Energy Nigeria conference speaks openly about the trends and challenges in this powerful west African market.
gas projects

Mozambique agrees to share revenues from offshore gas projects

Mozambique reached an agreement with its creditors to restructure a $726.5 million Eurobond, and to sharing future revenues from its offshore gas projects.
wind projects

S.Africa: New wind projects promise to boost employment

Speaking at the recent Windaba in Cape Town, Anne Henschel, board member of SAWEA, assured more employment from group's underway wind projects.
South Sudan

Africa’s first-ever co-guarantee platform to back risk mitigation transactions

AfDB, ICIEC, ATI and GuarantCo, have entered into a Memorandum of Understanding for a Co-Guarantee Platform to back risk mitigation transactions.

First battery performance scorecard released

DNV GL has released its first annual report to help equip energy storage product buyers with objective data to guide their purchase strategies.
Power Africa

Power Africa’s 2.0 strategy targets transmission

The US Power Africa initiative launched its latest report that examines practical approaches to unlocking electricity trade.

Substation feeding OR Tambo Airport, upgraded

ACTOM Power Systems was awarded a contract of over R30-million in July this year to extend the 132/11kV Airport 'Super Substation'.
power monitoring

Global power monitoring market to grow by 8%

The global power monitoring and control software market is expected to post a CAGR of over 8% during the period 2019-2023, according to a report.

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