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Issue 340
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Bidders await details after gas tender awards

A tender for domestic use of gas from the Rovuma Basin has produced three project awards, but bidders say timelines and gas sources have yet to be clarified. Fourteen bids were submitted in November for the tender, which was issued on 27 August (AE 339/16).The National...

Mozambique, South Africa
Issue 340
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Doubts over Metka deal, but Gecol makes progress

The agreement between Greece’s Metka and a body calling itself the General Authority for Electricity and Renewable Energy of Libya (Gaerel) to build a 500MW open-cycle power plant in Tobruk shows that some in eastern Libya have not given up their ambition of wresting control...

Libya
Issue 340
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Sudan hopes lifting of US sanctions can revive economy.

In one of his final acts as US president, Barack Obama issued an Executive Order on 13 January authorising “expanded trade with and investment in Sudan”, as well as outlining a route to permanently revoke US sanctions on the country in July this year. Sudan’s economy is...

Sudan
Issue 340
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Zuma calls for PPAs to be signed

In his State of the Nation address in Cape Town on 9 February, President Jacob Zuma unexpectedly announced that all power purchase agreements (PPAs) awarded to independent power producers (IPPs) would be signed. Eskom has been refusing to sign new PPAs with renewable energy...

South Africa
Issue 340
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Norway’s BW Offshore takes on Namibia’s Kudu gas scheme

Norway’s BW Offshore has formalised an agreement to take a 56% stake in the Kudu licence and develop the project to a final investment decision (FID) expected in Q4 2017. Past operators, including Tullow Oil and Royal Dutch Shell, have failed to develop the gas field, but BW...

Namibia, South Africa
Issue 340
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Pragmatic, liberalising Egypt looks to clear IOC arrears

Officials and corporate executives are talking up the improved business environment they see resulting from the three-year $12bn facility agreed with the International Monetary Fund (IMF) last November, support from the World Bank Group (WBG) and other multilaterals, and...

Egypt
Issue 340
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Algiers opens door to massive solar PV investment

A planned international tender for 4,000MW of solar photovoltaic (PV) power marks a shift in gear for the energy sector and its attitude towards foreign investment. Opening the energy sector to global capital has been, for some time, the obvious solution to the fiscal and...

Algeria
Issue 340
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Dentons report more troubling reading for Eskom

President Jacob Zuma’s 9 February State of the Nation address helped distract the media from the release of a report put together by law firm Dentons in 2015 at the request of Eskom’s board as the utility teetered on the edge of bankruptcy. The scope of the investigation was...

South Africa
Issue 340
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BOAD funding for Senelec grid work

The West African Development Bank (Boad) and Senelec have signed a CFA25bn ($40m) loan agreement for the partial funding of electric power distribution grid strengthening and redevelopment in the Dakar, Thiès, Kaolack, Fatick, Saint-Louis and Tambacounda areas. The loan...

Senegal

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