Posts Tagged ‘Energy’
“There is no sign of Africa’s exploration activity slowing down, and the continent is expected to continue on its growth path as its attractiveness as an investment destination for the sector becomes ever more apparent due to its untapped resources and potential of new discoveries.”
An interview with Carlos Lopes, the executive secretary of the Economic Commission for Africa.
While oil and gas activity in West Africa is nothing new, it is the activity in East Africa which is creating a stir amongst exploration companies and of course, their suppliers.
Investec team shares learnings from financing and developing a power project in Mozambique.
Oil, gas and mining developments could have positive spill-over effects for the rest of the economy.
Despite some political and economic instability, Nigeria offers a range of investment and growth opportunities.
A key area that will require greater and smarter investment to fuel the region’s economic growth will be the energy sector.
Africa’s power sector is facing many challenges, mainly due to insufficient generation capacity, which has limited electricity supply, resulting in low access.
How we made it in Africa talks to Thomas Schaal, co-founder of I-WEC, South Africa’s first large-scale wind turbine producer.
The Central African Republic (CAR) said on Monday it had signed a 14 billion CFA franc ($30.6 million) deal with a Chinese company to complete construction of a 10 megawatt power plant that would increase power supply to the capital.
Uganda’s energy minister, Simon D’Ujanga, has revealed the government is toying with the idea of giving special incentives to companies investing in rural electrification.
China’s Sinohydro, the company behind the Three Gorges Dam, will build a hydroelectric dam in the Democratic Republic of Congo in a deal said to be worth $367 million.
Nigeria on Tuesday kicked-off a series of investor road shows for the planned multi-billion dollar privatisation of its power sector, soliciting interest in electricity distribution companies and power stations.
Actis, a private equity investor focused solely on emerging markets, has confirmed that its portfolio company, Globeleq, has acquired a majority interest in the Azito gas-fired power plant near Abidjan in Cote d’Ivoire.
Paul Hinks, CEO of US energy firm Symbion Power LLC, has said that in recent history, American construction companies have been noticeable by their absence in Africa.