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Industry calls for change of approach to close the ‘transmission deficit’

Up to $5.4bn/yr of investment is needed to bring African power transmission networks up to the required capacity but, as industry leaders told the AIX: Power and Renewables conference, the sector remains reliant on public sector investment, with private capital facing numerous obstacles, writes Marc Howard

Issue 450 - 29 November 2021

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DR Congo oil hopes point to policy dilemmas in a world in transition

President Félix Tshisekedi’s efforts to revive Democratic Republic of Congo (DRC)’s attraction to international oil companies (IOCs) are admirable on paper, as are his efforts to revive – and bring improved governance to – the crucial energy and mining sectors. Having broken with his alliance of convenience with ex-president Joseph Kabila, Tshisekedi’s government is looking for takers for blocks 1 and 2 in the Albertine Graben, and there is talk of a new licensing round (see Upstream page 18), with plans to tender for 16 oil and three gas blocks in the onshore Atlantic basin, Cuvette Centrale and the western Rift Valley.

Issue 450 - 24 November 2021

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