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Issue 147 - 05 October 2008

NamPower’s Hwange power deal

Free

Taking risk on the cash-strapped utility Zimbabwe Electricity Supply Authority (Zesa) has been low on anybody’s list of priorities in recent years. However, African Energy was told that Namibia Power Corporation’s deal with Zesa

Namibia | Zimbabwe
Issue 147 - 05 October 2008

First sales for Homeland Energy

Free

Homeland Energy Group announced on 23 September the signing of its first sales contracts for about 500,000t of thermal coal from its newly inaugurated Kendal mine near Witbank.

South Africa
Free

Crisis, what crisis? With ground-breaking deals such as Kenya’s Rabai IPP and Nigeria’s Lekki toll road set to reach financial close, and some bankers still expressing excitement about the deal flow in Angola, Nigeria and South Africa, it would be tempting to believe that emerging sub-Saharan Africa (SSA) can avoid the credit crunch, continuing to mobilise private capital to build the infrastructure it so badly needs.

Free

Less than five years after the first oil flowed into the Chad-Cameroon pipeline, the World Bank Group’s much vaunted revenue management project has collapsed (AE 119/4). Chad has taken advantage of the high world oil price to pay back its loan, and is now free to

Cameroon | Chad
Issue 145 - 06 September 2008

Waste-to-energy plans

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A US company has announced plans for a waste-to-energy plant to process 1,000 t/d of solid waste in Kampala. California-based Carbon Jungle said its waste-to-fuel subsidiary Cobal-USA Alternative Fuels had received a pre-agreement from local partner Dag & Bragan accompanied by a letter of interest from Kampala’s mayor.

Uganda
Issue 145 - 06 September 2008

EITI: Doha venue for fourth conference

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The Extractive Industries Transparency Initiative will hold its fourth international conference in Doha on 16-18 February 2009.

Free

Mauritania’s early August coup was widely seen as a setback for democracy in Africa and a reminder of the difficulty of developing robust state structures in fragile nations that are prone to economic disappointments, unresolved social cleavages and grasping elite power-brokers.

Mauritania
Issue 145 - 06 September 2008

Edmonds floats biofuels venture

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Philippe Edmonds’ latest venture, BioEnergy Africa Ltd, floated on London’s Alternative Investment Market on 1 September.

Mozambique
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In-fighting within the political class rarely surfaces in public, but it remains a significant factor in Egyptian decision-making.

Egypt
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It was not just his much-vaunted commitment to African development that led Gordon Brown to offer already overstretched UK forces’ support for President Umaru Musa Yar’Adua’s efforts to stabilise the Niger Delta. Brown signalled that he might provide at least the sort of military training commitment that

Niger
Free

Few issues have the potency to stir up western chanceries and international oil company boardrooms as much as Gazprom’s flexing of its muscles in countries whose supply of energy is deemed so critical to the European Union. These include Algeria, Libya and Nigeria, the targets for what

Nigeria | Libya | Algeria
Issue 142 - 05 July 2008

Ethanol project

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Brazil’s BNDES development bank is financing a project to grow sugar cane in northern Ghana to produce ethanol for export to Sweden. Ghana’s Daily Graphic said planting on 27,000 hectares of land at Makango in the Northern Region would start in September.

Ghana
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Last October’s $750m Eurobond, the first such issue in sub-Saharan Africa outside South Africa, was heavily oversubscribed; so was a $200m five-year bond for Ghana Telecommunications, raised only three weeks later.

Ghana
Issue 142 - 05 July 2008

LPG plant tender

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Kenya Petroleum Refineries Ltd is inviting bids for an engineering, procurement and construction contract for a liquefied petroleum gas (LPG) import, handling, storage and bottling facility in Mombasa.

Kenya
Issue 142 - 05 July 2008

NIGERIA: Hydrocarbons restructuring

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Presidential adviser on energy Rilwanu Lukman has said he expects final government approval of his report on the restructuring of the Nigerian hydrocarbons sector “in the next week or two”.

Nigeria