Malawi’s Golomoti Solar project set for construction
InfraCo Africa, part of the Private Infrastructure Development Group (PIDG), and its project partner, JCM Power (JCM), have announced their commitment to finance construction of the 20MWAC Golomoti Solar project with a 5MW/10MWh lithium-ion battery energy...
Canadian mortgage firm Westbridge Mortgage enters Rwanda
Canadian mortgage firm Westbridge Mortgage has made foray into Rwanda, a move that CEO JD Diabira says will bring in a combination of banking expertise in credit risk, inclusive growth and practical outlook.
The firm...
Engie acquires 40% equity stake in South Africa’s Xina Solar One
Global renewable energy firm Engie says it has has reached an agreement to acquire from Abengoa a 40% equity stake in South Africa's Xina Solar One, a 100 MW Concentrated Solar plant, as well...
Banks cautioned against financing East African Crude Oil Pipeline
Days after reports emerged that the construction of East African Crude Oil Pipeline (EACOP) project was set to commence in the second week of March, a new development has surfaced.
More than 260 organisations have...
Africa gets the lion’s share of energy financing from China
Africa received the greatest amount of energy financing from China's two global policy banks—the China Development Bank (CDB) and the Export-Import Bank of China (CHEXIM) a new report focusing on the year 2020 has...
Transnet seeks to curb railway damage caused by severe weather patterns
Transnet SOC Ltd says it is investigating methods to deal with unpredictable and severe weather patterns, which have negatively affected the railway network recently.
Increased changes and unpredictability in the weather patterns dictates that improved
measures...
Could this new sustainable building simulation be the future of design?
A team from Cornell University's Environmental Systems Lab in the US, led by recent graduate Allison Bernett, has put forth a new sustainable building framework for injecting as much information as possible into the...
World Bank Supports Angolan’s Electrification with $250 Million
The World Bank approved $250 million to improve the operational performance of the electricity sector utilities and increase electricity access in selected cities of Angola.
The Electricity Sector Improvement and Access Project will finance electrification...
Eastern Cape’s major road R63 from Fort Beaufort to Alice set for upgrade
Upgrading the R63 from Fort Beaufort to Alice will lower the vehicle operating cost and increase the provincial economy's integration, the South African National Roads Agency SOC Ltd (SANRAL) announced.
The three-year project will result...
Congo banks on $600-million refinery to end chronic fuel shortages
Congo president Denis Sassou Nguesso has launched the construction of a huge refinery near the port city of Pointe-Noire to help end chronic fuel shortages facing the central African country.
Atlantic Petrochemical Refinery will have...
