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Lesotho Highlands Water Project now to be operation in 2027

Lesotho Highlands Water Project now to be operation in 2027

South Africa’s long-delayed 37 billion rand ($2.46 billion) Lesotho Highlands Water Project (LHWP) - facing funding pressures, COVID-19 delays and protests in the tiny mountain kingdom - will begin water delivery in 2027. Responding to...
Africa likely to be most affected by looming water shortage, UN warns

Africa likely to be most affected by looming water shortage, UN warns

The UN warns that the world could face a 40 per cent water shortage by 2030, with Africa – which already suffers from greater levels of water stress than other regions – likely to...
Tanzania gears up for electric trains with completion of power project

Tanzania gears up for electric trains with completion of power project

Tanzania is set to begin operating its electric trains following the completion of a power project that will electrify the locomotives for its new SGR. Energy minister Medard Kalemani says that the SGR is set...
Cenfura, DNA Global Energy mull renewable energy microgrids in South Africa

Cenfura, DNA Global Energy mull renewable energy microgrids in South Africa

CenfuraⓇ Ltd. is proud to announce a global joint venture with DNA Global Energy Limited. This joint venture will initially include 14 new renewable energy microgrids in South Africa and continue globally with other renewable energy projects...
NCBA Bank, TATA ink deal to support growing Kenyan Infrastructure

NCBA Bank, TATA ink deal to support growing Kenyan Infrastructure

NCBA Bank Kenya PLC has today signed a partnership deal with Tata Africa Holdings (K) Limited to finance Tata models throughout the country. Under the deal, customers will be able to acquire a Tata range...
InfraCo Africa boosts housing for students in Kenya

InfraCo Africa boosts housing for students in Kenya

InfraCo Africa, part of the Private Infrastructure Development Group (PIDG), has subscribed to the Acorn Holdings Ltd (Acorn) Real Estate Investment Trust (REIT) committing to support the delivery of affordable houses for students in Kenya. The US$10m...
Egypt's Kom Ombo solar power plant gets financial boost

Egypt’s Kom Ombo solar power plant gets financial boost

The African Development Bank’s Board of Directors has today approved $27.2 million in loan financing for the design, construction and operation of a 200 MW photovoltaic solar power plant at Kom Ombo, in Upper...
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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 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

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...
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