Cape Verde wants to cut electricity losses on the public grid by 5.5 points by 2023
The European Investment Bank will finance with 110 million escudos (one million euros) a program to reduce in 5.5 percentage points the electricity losses in […]
energy
Morocco: King Mohammed VI Opens October’s Parliament Session
King Mohammed VI of Morocco, accompanied by Crown Prince Moulay El Hassan, delivered, on Friday, a speech to the Parliament on the occasion of the […]
Mozambique, Zimbabwe and Equatorial Guinea to strengthen cooperation in energy and mineral resources sector
Up until September 9th, Zimbabwe’s Minister of Energy and Power Development is in Mozambique for a number of meetings and site visits. Carlos Zacarias, the […]
Mozambique’s President Nyusi to Address Delegates at African Energy Week 2022
Mozambique’s President Filipe Nyusi to Address Delegates at African Energy Week 2022 If Africa is to make energy poverty history in Africa by 2030, the […]
EIB invests €495 million in transport, energy, internet across Africa
The European Investment Bank has formally agreed a total of €495 million of new financing for three projects to support sustainable transport, clean energy and […]
Morocco, Russia willing to set up tripartite partnership with Africa
Morocco and Russia have voiced willingness to set up a tripartite strategic partnership with Africa that would involve both the public and private sectors. Such […]
BRICS bank Okays $600 mln loans for South Africa, China
The BRICS Development Bank has approved loans of $300 million for energy projects in South Africa and $300 million for a transportation project in China. […]
Africa: Swedfund Commits $14.7 million to Evolution II Energy Fund
Swedfund, Sweden’s development finance institution that supports companies in Africa, Asia, Latin America and Eastern Europe, has invested SEK 126m in the Evolution II Fund, […]
Shell to invest $1bln a year in renewables energy as of 2020
The world’s second largest publicly-traded oil company, Royal Dutch Shell Plc, plans to increase its investment in renewable energy to $1 billion a year by […]
AU secures $150 mln to boost Africa’s geothermal energy
The African Union has mobilized about $150 million in geothermal energy development in East Africa, Chinese News Agency Xinhua reported. According to Rashid Ali Abdallah, […]