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Australian Stock Exchange-listed African Energy Resources (AER) demonstrated the viability of transporting coal by rail from its Sese coal and power project to the east coast in early April; The government on 12 April signed an agreement to take a 5% stake in the Moatize coal project being developed by Brazil’s Vale
The SAPP is putting on a brave face about prospects for the region’s electricity supply industry and its own performance, looking to inflows of investment to install more generation capacity across southern Africa and for the pool’s trading mechanisms to gain momentum
Anthony Khama, son of founding president Sir Seretse Khama and younger brother of President Ian Khama, has joined the board of Australian miner A-Cap Resources’ local subsidiary A-Cap Resources Botswana.
With a $181m deal, one of the largest local currency financings in an African emerging market is complete, writes Kevin Godier
ANGOLA: Hydro planned on Kwanza River; BOTSWANA: New hitch for CIC sale; MOROCCO: USTDA grant for power projects
Coalbed methane (CBM) player Kalahari Energy has started up a 90MW dual-fuel power plant in Orapa. The plant will initially run on diesel until gas supply can be put in place. The company is awaiting a power
The longest and largest domestic project financing in Botswana pula, a BWP1.2bn ($179m), nine-year deal to fund a major expansion at Morupule colliery, “is about to close”, according to an informed source.
Shareholders in Mmamabula power project developer CIC Energy Corporation have voted in favour of the company’s acquisition by coal-hungry Indian power developer JSW Energy Limited.
Energy financiers had their moments in 2010, but the power sector remains under-financed, writes Kevin Godier
After years of trying to get the Mmamabula power project off the ground, CIC Energy Corporation has been bought by coal-hungry Indian power developer JSW Energy
The 300MW high-voltage Caprivi connection between Zambia and Namibia has been inaugurated by the presidents of Namibia, Zambia, Botswana and Zimbabwe.
In the latest phase of southern African downstream reorganisation, BP has agreed to sell its fuels marketing businesses in Namibia, Botswana and Zambia to Trafigura subsidiary Puma Energy, as well as its 50% interest in BP Malawi and BP Tanzania
Progress is finally being made on the regulatory front with regard to the ambitious Mmamabula thermal power generation project, according to sponsor CIC Energy Corporation. The scheme has been scaled back to a 1,200MW first phase from the originally planned 3,600MW amid uncertainty about South Africa’s offtake plans (AE 160/6; 152/7; 150/6).
Key agreements on a potential 300MW-450MW private power project at the Mmamabula coalfield have boosted prospects for Botswana’s energy sector, writes Kevin Godier
Pushing for more HCB electricity; Power grid for irrigation; Power prices rise; Solar power for Lofa police; Nexans cable links Pemba to mainland