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Subscriber

A €115m loan for the New & Renewable Energy Authority (NREA) is under appraisal at the European Investment Bank (EIB) to finance a 200MW wind farm in the Gulf of Suez.The loan represents 31.9% of the total cost of the plant, estimated at €360m. The government aims to increase wind energy’s share of total generation capacity to 12% by 2020, and the NREA prequalified 28 wind power projects in January.

Egypt
Subscriber

There are some reassuringly familiar international names among the successful bidders for generation plants in Nigeria’s privatisation process, but the successful consortia also contain a number of less-known local companies whose beneficial ownership has not been revealed; some firms are linked to powerful former military leaders.

Nigeria
Subscriber

Total has announced an oil discovery with the Ivoire-1X exploration well in block CI-100 close to the disputed maritime border with Ghana. The well was drilled to a total depth of 5,044 metres and encountered 28 metres of net oil pay in a series of about 100 metres of Cretaceous reservoirs. Ivoire-1X is Total’s first well in the block and reveals that the Tano Basin petroleum system extends into CI-100.

Côte d'Ivoire
Issue 181 - 26 February 2010

Algeria’s solar development strategy

Subscriber

Algeria’s plans for developing more solar capacity for domestic use are advanced. Although the impact of proposed projects on total installed capacity will be slight, the targets are substantial.

Algeria
Issue 278 - 31 May 2014

Senegal: Elenilto plans 3D seismic

Subscriber

Israeli miner Elenilto plans to acquire a 1,400km2 3D seismic survey over its Senegal Offshore Sud Shallow Block “within the next few months”. The company said an oil resource assessment, based on reprocessed 2D seismic and wells, suggested potential of more than 1.5bn barrels of oil. “About half of the resource is in first priority leads associated with shallow-water (12-26 metres) salt domes and deeper water (1,000-1,500 metres) shelf edge traps,” the company said. Elenilto said it had selected two target areas for further exploration.

Senegal
Issue 353 - 15 September 2017

DR Congo: Zongo II start-up

Subscriber

The 150MW Zongo II dam in Kongo Central province has started supplying an initial 37MW to the grid. A formal inauguration is planned for December. The project was built by Sinohydro and financed by a $360m loan from the Export-Import Bank of China. Visiting the site on 2 September, energy and water resources minister Ingele Ifoto said the plant would significantly improve supply to Kinshasa and Kongo Central. According to a project engineer from Société Nationale d’Electricité (Snel), the dam, power house and return channel are almost 100% complete.

DR Congo
Issue 221 - 02 December 2011

BG orders ‘pirate-proof’ vessel

Subscriber

BG Tanzania has given UAE-based Stanford Marine a time-charter contract for the Stanford Buzzard platform

Tanzania
Subscriber

French developer Urbasolar Group launched construction of a 30MWp solar PV plant at Pâ in the Boucle du Mouhoun region in a ceremony on 1 February. The plant is being developed as a public-private partnership between the government, Urbasolar, and local partner PPS. The plant will cover an area of 35 hectares and is expected to produce 51.7GWh/yr, supplying the towns of Pâ, Wona, Houndé, Yaramoko and Boromo. Construction is expected to take ten months.

Burkina Faso
Subscriber

Equatorial Guinea plans an Energy Year in 2019, promoting the sector while marking 50 years of independence from Spain. The government plans a series of events, starting with the biennial summit of the Gas Exporting Countries Forum in Malabo. Mines and hydrocarbons minister Gabriel Mbaga Obiang Lima said Malabo was also aiming to host ministerial meetings of the Organisation of the Petroleum Exporting Countries, as well as a ministerial meeting of the African Petroleum Producers Association along with a conference and exhibition.

Equatorial Guinea
Subscriber

India’s Vikram Solar has partnered Johannesburg-based Powertech Africa to sell its solar PV modules to utility-scale projects and households in 14 African countries. Powertech Africa – which has established a network of offices providing electricity distribution products and is a subsidiary of Allied Electronics Corporation Ltd (Altron) – will be sales agent, selling 250Wp Eldora Ultima 60 cell modules. By May, the pair hope to have sold modules amounting to capacity of 1MW.

Issue 347 - 02 June 2017

Mozambique coal scheme stalled

Subscriber

AIM-listed Ncondezi Energy has suspended talks with Shanghai Electric Power (SEP) on its 300MW coal-to-power scheme in Tete province, saying the Chinese company had not come up with funding for the project. The companies signed a joint development agreement in January 2016 for SEP to invest up to $25.5m for a 60% stake in the project. Ncondezi said it would now talk to other potential partners that had expressed interest.

Mozambique
Issue 185 - 01 May 2010

Solo Oil takes up Ruvuma option

Subscriber

London-based Solo Oil has said it plans to take up its option for a 12.5% interest in the Ruvuma production-sharing contract (PSC) in south-east Tanzania from Aminex subsidiary Ndovu Resources (AE 176/17).

Tanzania
Issue 206 - 02 April 2011

USTDA funds grid study

Subscriber

The US Trade and Development Agency signed an agreement on 24 March to provide a grant of $645,000 to the Ghana Grid Company to fund a feasibility study

Ghana
Subscriber

Electricity minister Mohamed Shaker met President Abdel Fattah El-Sisi on 8 February to review the final details of the proposed contract with Rosatom to build a 4.8GW nuclear power plant on the Mediterranean coast at Dabaa, in Marsa Matrouh governorate. While both sides are issuing optimistic statements about an imminent agreement, two strict reporting bans have suggested that other facts about the development have yet to appear in the public domain.

Egypt
Subscriber

The newly merged PetroNor E&P has agreed to buy Panoro Energy’s 12.19% equity stake in OML 113 in the Keta Basin offshore western Nigeria, which contains the Aje oil and gas field. Cyprus-registered PetroNor, which completed a merger with African Petroleum in August, plans to take a lead role in progressing the long-mooted development of the field’s gas reserves, eliminating flaring and supplying gas to replace diesel generation in Lagos.

Nigeria