OPINION PIECE: Why Senegal and Mauritania are Front-Runners to Fill the Natural Gas Supply Gap Created by Russia

By NJ Ayuk, Executive Chairman, African Energy Chamber  When German Chancellor Olaf Scholz arrived in Senegal on May 22, he made clear that his country views energy — and natural … Read More

ANGOLA: Solenova, an Eni-Sonangol JV, lays the first stone first photovoltaic project

Solenova, a joint venture equally owned by Eni and Sonangol for the development of renewable energy projects, has lain the first stone of what will be Angola’s first photovoltaic power … Read More

Accelerating Nigeria’s 30-30-30 Vision with Flexible Gas-to-power Generation Will Reduce Dependence on Expensive Diesel & Generate Significant Cost Savings

Speaking at the Smart Energy Forum in Lagos and Abuja in the presence of Nigeria’s top energy decision-makers, senior energy experts from Wärtsilä presented the latest results of an in-depth … Read More

OPINION: Africa Can Adopt Renewable Energy on a Massive Scale and Save Billions Along the Way

By Kenneth Engblom, Wärtsilä’s VP Energy for Europe and Africa Africa’s energy future at a crossroad When it comes to building the future of energy in Africa, the decisions facing … Read More

AfricaGoGreen Fund receives over $30M investments from the AfDB, the SEFA, and the Nordic Development Fund

The African Development Bank and the Bank’s Sustainable Energy Fund for Africa (SEFA) have approved a combined-equity investment of $20 million in the AfricaGoGreen Fund, a debt fund established to … Read More

AfDB Approves $379.6M Desert to Power financing facility for the G5 Sahel countries

The Board of Directors of the African Development Bank Group has approved the Desert to Power G5 Sahel Financing Facility, covering Burkina Faso, Chad, Mali, Mauritania, and Niger. The Bank envisages … Read More

SOUTH AFRICA: Redstone Concentrated Solar Power (CSP) Achieves First Debt Draw Down

Commercial operation scheduled to start in Q4 2023; The African Development Bank (www.AfDB.org) acted as the Mandated Lead Arranger and Coordinating Bank, committing ZAR 2.306 billion to the transaction; The ZAR … Read More

SOUTH AFRICA: Magnora Acquires Project Rights of more than 1700 MW Wind and Solar PV projects

Magnora is increasing its focus in the South African solar and wind market by acquiring 92% of the renewable project development company African Green Ventures (AGV). The remaining 8% will be owned by AGV … Read More

Kibo Energy inks 10-Year Clean Energy Power Purchase Agreement on Waste to Energy Project

Kibo Energy has announced that it has entered into a 10-year take-or-pay conditional Power Purchase Agreement (`PPA’) to generate baseload electricity from a 2.7 MW plastic-to-syngas power plant. The plant … Read More