After Zambia’s Energy Regulation Board (ERB) refused to sign-off on a tariff increase, the government said alternative financing will be found to reduce the 20-hour blackouts caused by historically low levels of rainfall.
State utility Zambia Electricity Supply Corporation (Zesco) is facing a perfect storm, with its own generation output and export sales plummeting and public money in short supply as the government grapples with the impact of the drought and a longstanding debt crisis.
Issue 512 - 11 September 2024
Renewable energy, Strategy & risk, Climate change, Finance & investment
The nominally ‘independent candidate’ Abdelmajid Tebboune seems set for a second term when Algerians vote in the 7 September presidential election. He has promised accelerated investment in electricity and other infrastructure, a more responsive business environment and faster delivery of jobs and social services – with big new hydrocarbons deals to pay for it all.
Issue 511 - 04 September 2024
Renewable energy, Resources, Mid & downstream oil & gas, Upstream oil & gas, Strategy & risk, Politics & security
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