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Eskom aims to launch an international tender for its first large scale wind farm towards the end of this year or early in 2011.
Royal Dutch Shell, Vitol Group and Africa-focused private investment firm Helios Investment Partners have entered into exclusive negotiations for the potential joint acquisition by Vitol and Helios of equity in Shell’s downstream businesses in 19 countries in Africa.
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.
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
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.
Vanoil contracts BGP for seismic; Newcomer in Karoo Basin; Maersk to decide next year on Chissonga
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
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
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.
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
AfDB loan for refiner, Sasol contract for Foster Wheeler
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.
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.
MOTT MACDONALD: Merz and McLellan acquisition; SELCo: Positive trading statement
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