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Issue 192 - 07 August 2010

Aranos Gas starts drilling on CBM play

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Aranos Gas, a Namibian/South African joint venture between SADC Minerals and ASS Investments, has reportedly started drilling for coal-bed methane (CBM) in the Aranos area of Block 2419, in Namibia’s first non-conventional gas project.

Namibia | South Africa
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DR CONGO: Kisangani grid tender; GABON: World Bank seeks power sector review; GHANA: Renewables tariff consultancy; MOZAMBIQUE: EIB funding for energy development; SENEGAL: Juwi installs PV plants; SENEGAL: Senelec seeks equipment, consultants; SOUTH AFRICA: World Bank support for IPP programme; SOUTH AFRICA: GE to supply Transnet

Ghana | Mozambique | DR Congo | Gabon | Senegal | South Africa
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While President Joseph Kabila Kabange has secured his political life insurance by giving stakes in eastern Congo’s sought-after Albertine Graben blocks to companies connected to South African President Jacob Zuma’s family, it is not such good news for Tullow Oil, which signed a contract for the same Lake Albert blocks 1 and 2 in 2006.

DR Congo | South Africa
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Vanoil contracts BGP for seismic; Newcomer in Karoo Basin; Maersk to decide next year on Chissonga

Kenya | Angola | South Africa
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African Capitalisation Fund to strengthen banks; AfDB funding for IDC; AfDB awards $15m grant to aid Burundi’s ERSP III; SNR, Denton Wilde Sapte to merge

South Africa | Burundi
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The Southern African Development Community (SADC) states have fallen in behind Eskom Holding’s efforts to make sure South Africa does not suffer the global embarrassment of a major electricity shortfall during the 11 June-11 July Fifa World Cup. Following a formal request from the South African government, President Joseph Kabila Kabange has committed state utility

South Africa
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The World Bank Group (WBG) on 8 April approved a controversial $3.75bn loan package for state utility Eskom Holdings, despite concerted opposition from environmental groups which persuaded several western governments – including the United States, United Kingdom and the Netherlands – to abstain from voting.

South Africa
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Confirmed offtake with South African buyers and improved transmission infrastructure remain key requirements for financiers if they are to back the next set of big projects proposed by the Maputo government, writes Kevin Godier

South Africa
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AfDB loan for refiner, Sasol contract for Foster Wheeler

Egypt | South Africa
Issue 182 - 12 March 2010

PetroSA defends refinery plans

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The board of PetroSA has approved the next stage of development of the Coega refinery project, despite suggestions from BP that it might turn out to be an expensive white elephant.

South Africa
Free

CIC Energy Corporation has signed a memorandum of understanding with a Chinese company to develop a 300MW power station and associated mine at the Mmamabula coalfield to supply the domestic market.

Botswana | South Africa
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MOTT MACDONALD: Merz and McLellan acquisition; SELCo: Positive trading statement

Botswana | South Africa
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Uncertainty over the regulatory framework has slowed oil and gas exploration for several years, but with new legislation in place the pace is finally picking up, writes Thalia Griffiths, recently in Johannesburg

South Africa
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Jacob Zuma’s government has stuck to a conservative budget and remains committed to further reforms to the state sector, notably of the electricity industry.

South Africa
Free

For a short period on 22-24 February, Durban’s International Convention Centre became the focal point for the policy divides that are becoming ever more public as South Africa settles uneasily into Jacob Zuma’s presidency.

South Africa