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Issue 418
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Gabon: IFC considers financing Kinguélé Aval

The International Finance Corporation (IFC) is considering supporting the construction of the 34MW Kinguélé Aval. The private investment arm of the World Bank disclosed on 18 June that it will propose an A Loan of up to €40m, a senior concessional loan from IFC as...

Gabon
Issue 418
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Ethiopia: Last chance for compromise as Gerd deadline approaches

The breakdown of talks on the Grand Ethiopian Renaissance Dam (Gerd) on 18 June – after nine days of discussions held remotely over video because of Covid-19 restrictions – left both Ethiopia and Egypt holding on firmly to mutually incompatible maximalist positions. On 19...

Ethiopia
Issue 418
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DR Congo offers grid masterplan

President Felix Tshisekedi has announced plans for a masterplan to integrate Africa’s power grids to create a single African electricity market. Speaking on 22 June at the launch of a videoconference on the Grand Inga project, he said such a masterplan, to be drawn up by the...

DR Congo
Issue 418
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Cameroon/Chad: Interconnection funding

he World Bank has approved $385m in International Development Association (IDA) financing for the Cameroon-Chad Interconnection Project, which aims to interconnect the southern and northern power systems of Cameroon, enable electricity trade between Cameroon and Chad, and...

Cameroon, Chad
Issue 418
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Burundi: New president sparks cautious hope of change

New president Evariste Ndayishimiye, a former militia fighter and army general, was sworn in on 18 June, ten days after the death of Pierre Nkurunziza. The succession had created some uncertainty, as according to the constitution, Pascal Nyabenda, speaker of the National...

Burundi
Issue 418
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Burkina Faso: Sonabel to expand Kossodo with MAN gensets

Société Nationale d’Electricité du Burkina (Sonabel) has contracted MAN Energy Solutions to supply three diesel gensets for the expansion of the Kossodo thermal power plant in Ouagadougou. The Germany-based engineering group announced on 18 June that it would supply three MAN...

Burkina Faso
Issue 418
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ARCH invests in Sun Exchange

Private equity firm ARCH Emerging Markets Partners Ltd has announced the second investment of its Africa Renewable Power Fund, into peer-to-peer PV solar leasing platform Sun Exchange. The investment follows acquisition of a stake in commercial and industrial (C&I) solar...

Africa
Issue 418
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Angola: Bids sought to build 400kV Huambo-Lubango line

Rede Nacional de Transporte de Electricidade (RNT) invites prequalification bids by 10 August for the construction of the 400kV Huambo-Lubango transmission line and associated substations. The contract, to be financed by the African Development Bank (AfDB) within the...

Angola
Issue 418
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Algeria/Tunisia: Naturgy ‘can’t declare force majeure’ on contract

Sonatrach cannot consider coronavirus as an acceptable basis for Spanish gas buyer Naturgy Energy Group to lower prices and declare force majeure on its imports from Algeria, energy minister Mohamed Arkab told parliament’s finance and budget committee on 17 June. The official...

Algeria, Tunisia

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