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Issue 359
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AEEP records irresistible rise of renewables, huge gap in other indicators

The Africa-EU Energy Partnership (AEEP) marked its tenth anniversary at the Europe-Africa Business Forum, held in Abidjan on 27 November as a curtain-raiser for the African Union-European Summit later that week. Published since 2012, the AEEP reports – compiled for the AEEP...

Africa
Issue 359
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Peter Hain: more evidence to come in UK Gupta investigations

More evidence is expected from UK authorities and South African sources as part of the investigation into the use of the UK’s banking system by the Gupta brothers, Lord Hain of Neath – Peter Hain – told African Energy. Letters from Hain to the chancellor, Phillip Hammond,...

South Africa
Issue 359
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South Africa: Downgrades bring Eskom one step closer to the end of the line

Dogged by allegations of corruption, a cripplingly expensive build programme, falling demand, and competition from off-grid alternatives, South Africa’s beleaguered utility Eskom suffered a further blow late last month as its credit rating was downgraded by ratings agencies...

South Africa
Issue 359
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New financial tools promise to scale up residential solar

There have been several important milestones in the household solar sector this year. A core group of companies has emerged, all passing the 100,000 sales mark in 2017 and raising significant sums of money. There have also been big new entrants into the pay-as-you-go (PAYG)...

Africa
Issue 359
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Project Finance: KfW, ATI launch guarantee product for IPPs

Announced during the Africa Energy Forum conference in June 2017, the Regional Liquidity Support Facility (RLSF) was launched at the 2017 Africa Investment Exchange (AIX): Power and Renewables event in London on 15 November. Developed by German development bank KfW and...

Africa
Issue 359
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Egypt gas imports to end following production increases

Egypt is entering a new phase of gas production which could see it achieving self-sufficiency in approximately 12 months and even resuming exports – a prospect that some earlier forecasts suggested might only be achievable in 2021. The driver behind this change in fortunes is...

Egypt
Issue 359
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Algeria: Sonatrach speeds up refinery development to achieve self-sufficiency

Sonatrach president and chief executive Abdelmoumen Ould Kaddour has accelerated the national refinery development programme with the issue of an engineering, procurement and construction tender to build a new refinery in Hassi Messaoud. In a more surprising move, Sonatrach...

Algeria
Issue 359
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Zimbabwe/Zimbabwe: Tender for Kariba dam spillway repair

The Zambezi River Authority (ZRA) says spillway refurbishment works for the Kariba dam have entered the procurement phase, with a tender expected to be launched in December, paving the way for the works contract to be awarded by mid-2018.ZRA chief executive Munyaradzi...

Zimbabwe
Issue 359
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Sudan: North American firms mull return after sanctions lifted

US oil field services company Baker Hughes agreed a memorandum of understanding (MoU) on 13 November to collaborate on gas projects with Sudanese engineering and construction contractor Asawer Oil & Gas Company, a subsidiary of state-owned Sudan Petroleum (Sudapet),...

Sudan

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