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AIM-listed Gasol has reached an agreement in principle to form a joint venture company with BenGaz to develop gas distribution infrastructure and a natural gas supply business in Benin. BenGaz has said it will use its best endeavours to assign to the joint venture company all of its existing gas supply rights.

With tougher anti-bribery legislation in place in the US and UK, local partners have been identified as a key vulnerability. Foreign companies need them to help them navigate the local business environment, especially if it is government policy to develop local content.

The World Bank Group’s International Finance Corporation (IFC) has signed an agreement with Norway’s Scatec Solar to develop solar projects in West and Central Africa.

BENIN: Syndicated power loan; WORLD BANK: New Africa VP

Sofiatou Onifade Baba-Moussa was appointed energy, hydrocarbons and mining research minister on 10 April, replacing Jonas Gbian, who became economy and finance minister. Baba-Moussa, 42, is a biochemist and graduate in environmental management and water quality. She was previously a director at Benin’s largest and oldest university, Université d’Abomey‐Calavi

The joint Benin-Togo Communauté Electrique du Bénin (CEB) has issued a number of tenders following loans from the European Investment Bank (EIB) and other multilateral donors for improvements to energy infrastructure

Despite promises of new generation infrastructure, power cuts remain routine for distributor Société Béninoise d’Energie Electrique (SBEE), which struggles to meet demand.

Following the withdrawal of Korea Electric Power Corporation (Kepco) from the 450MW Maria Gléta project, the West African Power Pool (WAPP) has prequalified a list of bidders to develop the Benin plant and Ghana’s 400MW Aboadze project on a public-private partnership basis

Petrobras farms into Benin Block 4; WHL completes Seyco acquisition; Exile Resources in Zambia and Nigeria

Benin national Christian Narcisse Adovèlandé will be the new head of the Lomé, Togo-based Banque Ouest Africaine de Développement (BOAD – West African Development Bank), replacing former World Bank vice president Abdoulaye Bio Tchané, who is running for president in Benin’s upcoming elections.

TGS-Nopec has announced plans for a multi-client 3D survey in blocks 5 and 6 offshore Benin

The International Finance Corporation’s IFC Asset Management Company has announced the first investment by the IFC African, Latin American and Caribbean (Alac) Fund, committing up to $35m in equity to support the modernisation and expansion of HeidelbergCement in West Africa.

The European Investment Bank is lining up a €35m loan for Communauté Electrique du Bénin to build 308km of 161kV lines and refurbish a further 289km of 161kV lines and eight substations. Appraisal is under way for a loan seen as necessary to avoid major power supply disruptions and to extend the reach and quality of transmission infrastructure in Benin and neighbouring Togo.

The European Investment Bank is lining up a €35m loan for Communauté Electrique du Bénin to build 308km of 161kV lines and refurbish a further 289km of 161kV lines and eight substations. Appraisal is under way for a loan seen as necessary to avoid major power supply disruptions and to extend the reach and quality of transmission infrastructure in Benin and neighbouring Togo.

BENIN: WAPP meets on Maria Gléta project, GHANA: Kumasi grid tender; MOZAMBIQUE: Riversdale signs framework deal for Benga CTP; MOZAMBIQUE: Rehabilitation of two dams in Manica province; TUNISIA: Grid loan from AfDB; ZAMBIA/NAMIBIA: Power supply deal