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Issue 367 - 05 April 2018

Economic optimism in Nigeria fails to allay power sector concerns

A loan worth up to $1bn to support power sector reform is expected to go before the World Bank board for approval on 28 May. The government’s strategy, outlined in the 2017-2020 Economic Recovery and Growth Plan (ERGP), is to reach financial close on the 15 solar photovoltaic...

Issue 367 - 05 April 2018

Nigeria

Issue 367 - 05 April 2018

Republic of Congo: Saudi visit, new SNPC head

Saudi Arabia’s King Salman Bin Abdelaziz held talks with Republic of Congo’s President Denis Sassou Nguesso at Al-Yamamah Palace in Riyadh on 25 March. The doyen of Central African leaders’ three-day visit was aimed at securing Saudi infrastructure investment. Sassou was...

Issue 367 - 05 April 2018

Congo B

Issue 367 - 05 April 2018

Twenty years on, many African Energy issues remain unresolved

Twenty years ago, a new publication was launched to fill a gap in FT Energy’s global map: African Energy created in April 1998 as a monthly report, meant the Financial Times subsidiary could claim to cover the world; previously, its stable of newsletters and online products had...

Issue 367 - 05 April 2018

Africa

Issue 366 - 05 April 2018

BBOXX equity vehicle to scale up operations

A new investment vehicle has been established to invest in regional partners for UK-based off-grid solar company BBOXX. The vehicle, named Beam, will be managed by BBOXX shareholder Bamboo Capital Partners. Beam has been designed to support BBOXX’s ambition of expanding into 15...

Issue 366 - 05 April 2018

Africa

Issue 366 - 05 April 2018

Renewvia to commission micro-grids on Kenya’s Lake Victoria islands

US solar developer Renewvia Energy will commission three solar and battery-powered micro-grids on islands in Lake Victoria over the next six months, providing power for around 4,000 homes and businesses. A system on Ringiti island in Homa Bay is likely to begin operating this...

Issue 366 - 05 April 2018

Kenya

Issue 366 - 05 April 2018

Kenya: Jica approves loan for Olkaria I rehabilitation

The Japan International Cooperation Agency (Jica) on 16 March signed a loan agreement worth up to Y10,077m ($95m) for a project to rehabilitate units I-III of the Olkaria I geothermal complex in Nakuru County. Kenya Electricity Generating Company (KenGen) has been exploring...

Issue 366 - 05 April 2018

Kenya

Issue 365 - 15 March 2018

Dubai’s Djibouti relationship ends, but other friends emerge in Africa

The Djibouti government on 22 February cancelled a 30-year contract with Dubai’s DP World to manage the Doraleh Container Terminal (DCT). DP World had been active in Djibouti’s port since 2000, but Gulf involvement in Djibouti and other neighbouring countries has gained more...

Issue 365 - 15 March 2018

Djibouti

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