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AOG has sold a 75.1% stake in its Makeni bioethanol project to Sunbird Bioenergy, which is developing two similar projects in Zambia and Zimbabwe. AOG launched the project in 2008, planning an ethanol refinery and a 30MW biomass-fuelled power plant, to power the refinery and supply 15MW to the national grid. Sunbird chief executive Richard Bennett told African Energy in a telephone interview the power plant and 85m litres/yr capacity distillery were completed but not yet commissioned. Addax had planted 10,000 hectares of sugarcane, but had failed to obtain sufficient crop yields to make the project economically viable, while development was also delayed by the Ebola virus.

Sierra Leone
Subscriber

The World Bank Group announced on 14 July that it had approved a financing package for a $138m 57MW heavy fuel oil plant at the Kissy industrial site east of Freetown. The project, known as the Western Area Power Generation Project, is owned by CEC Africa SL, a special purpose vehicle owned 50.1% by Copperbelt Energy Corporation subsidiary CEC Africa Investments Ltd and 49.9% by Abu Dhabi-based Tempus Constant Qualitas Power Ltd (TCQ).

Sierra Leone
Subscriber

Developer Tempus Constant Qualitas (TCQ) Power is aiming for financial close in July on the 57MW first phase of its heavy fuel oil plant for Freetown, which will be Sierra Leone’s first independent power project. TCQ chief executive Karim Nasser told the Invest Sierra Leone 2016 forum in London on 5 May the joint venture of Abu Dhabi-based TCQ and Zambia’s CEC Africa Investment aimed to start construction in September 2016, for first power in December 2017.

Sierra Leone
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Developer Joule Africa has bought partner Endeavor Energy’s stake in the Bumbuna II hydro project, giving it 100% ownership. Bumbuna II is the 202MW expansion of the 50MW Bumbuna scheme commissioned in 2009. The second phase project has been in development since 2011. Lahmeyer International has completed a feasibility study and managed a tender process to short-list Salini Impregilo and Hydrochina-Sinohydro, as potential engineering, procurement and construction (EPC) contractors. ERM is completing environmental and social impact studies in conjunction with local consultants Cemmats.

Sierra Leone
Subscriber

The African Development Bank board on 17 December approved a senior loan of up to $20m to finance the construction and operation of a 50MW heavy fuel oil fired power plant, plus interconnection facilities and a fuel pipeline in the Kissy district of Freetown. The project is being developed by Zambia’s CEC Africa Investment Ltd and Abu Dhabi-based TCQ Power Ltd, who signed a power purchase agreement in May 2014 for a total 128MW development.

Sierra Leone
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The US Millennium Challenge Corporation (MCC) has approved five-year compact agreements with Benin and Liberia, worth $375m and $257m respectively, and a $44.4m threshold agreement with Sierra Leone. The grant packages are intended to develop infrastructure in the three countries, with a focus on electricity in line with the MCC’s intention to invest $2bn in support of the Power Africa initiative. Liberia’s compact agreement was signed with the MCC on 2 October but required ratification by the country’s House of Representatives and Senate before it could be passed into law.

Benin | Sierra Leone | Liberia
Issue 293 - 29 January 2015

Sierra Leone: NPA unbundling completed

Subscriber

The National Power Authority (NPA) has been replaced by the Electricity Generation and Transmission Company and the Electricity Distribution and Supply Authority (EDSA) with effect from 1 January in an unbundling aimed at encouraging private sector involvement. The Energy and Water Regulatory Commission will oversee the sector, enabling a separation of regulatory and commercial functions. EDSA will operate as bulk buyer. Unbundling of the sector was established by the National Electricity Law approved in November 2011. Boards of directors have been appointed for the new bodies, and staff from the NPA and Bo-Kenema Power Services have been transferred.

Sierra Leone
Free

Minerals and other commodities sales have driven economic growth and inward investment in the Mano River Union (MRU) countries, as post-conflict Guinea, Liberia and Sierra Leone (and newer MRU member Côte d’Ivoire) have enjoyed the dividends of stability. Improved politics have raised the prospects for ‘transformational’ electricity interconnections across a long-underdeveloped region, and for offshore oil finds as investors move into polities too long submerged in militia conflicts and warlord economics. Basic services remain far from adequate but, as a work in progress, the MRU countries have delivered a generally positive story of Africa re-emergent.

Sierra Leone | Nigeria | Guinea | Liberia | Senegal
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African Petroleum Corporation has signed a contract to acquire more than 1,000km3 of 3D seismic on Block SL-4A-10, offshore Sierra Leone, in addition to the existing 3D coverage. Acquisition is expected to begin in Q3. The company was awarded SL-03 in April 2010, and the adjacent SL-4A-10 as part of Sierra Leone’s third offshore licensing round in 2012. Both licences are in their first exploration period. Exploration offshore Sierra Leone has so far failed to find commercial quantities of oil and gas, but African Petroleum says it has identified a number of prospects.

Sierra Leone
Subscriber

A power purchase agreement (PPA) signed by the Sierra Leonean Ministry of Finance and Zambia’s Copperbelt Energy Corporation (CEC) for a 128MW heavy fuel oil power plant to supply Freetown has been ratified by the national parliament, opening the way for mandated lead arranger the World Bank’s International Finance Corporation to move towards financial close. This is expected in late 2014-early 2015 and construction will begin immediately thereafter, under a schedule that envisages commercial operation starting in Q3 2016. Tender documents are expected to emerge within the next four to five months.

Sierra Leone
Subscriber

Zambia’s Copperbelt Energy Corporation (CEC) has consolidated its reputation as a significant emerging developer across Africa by finalising plans for the construction of a 128MW heavy fuel oil power plant, with some associated distribution infrastructure, to supply the Sierra Leonean capital, Freetown. After a year of negotiations, CEC’s power purchase agreement was ratified by parliament in early June, and the developer expects financing to be led by the World Bank’s International Finance Corporation, managing director for corporate development Michael Tarney told the Africa Energy Forum (AEF) in Istanbul on 19 June.

Sierra Leone | Nigeria | Zambia
Issue 277 - 20 May 2014

Sierra Leone: EITI compliant

Subscriber

The board of the Extractive Industries Transparency Initiative (EITI) declared Sierra Leone EITI compliant on 26 April. EITI compliance means that the country must regularly publish the government’s revenues from its natural resources, and Sierra Leone is required to produce its 2012 EITI report by the end of this year. “I hope this will lead to a process of reform that brings real benefits to the people of Sierra Leone,” said EITI board chair Clare Short. “EITI compliance does not mean that the country’s natural resources are managed in a fully transparent manner, but it is a step on the way and means that citizens can see what revenues the country gets from these resources.”

Sierra Leone
Subscriber

AOG affiliate PetroJetty has given Dutch engineering company BAM International and its South African joint venture partner Stefanutti Stocks a contract for the engineering, procurement and construction of a petroleum jetty at the Kissy Oil Terminal in Freetown. PetroJetty is the local affiliate of trading and downstream company Oryx Energies. The new jetty will provide a key import and export facility for the country, and a modern export base for ethanol from the Addax Bioenergy bioethanol project at Makeni.

Sierra Leone
Subscriber

Efforts to improve co-ordination between Guinea, Liberia, Sierra Leone and Côte d’Ivoire are gaining momentum, with plans for the Mano River Union (MRU) to hold a senior-level meeting to promote electricity interconnection, probably in Abidjan in June, MRU secretary-general Saran Daraba Kaba told African Energy. There is growing support for development of interconnections between the four states as part of the West African Power Pool (WAPP), Guinean finance minister Mohamed Diaré told a 4 April Belgium-Luxembourg Chamber of Commerce meeting in Brussels.

Sierra Leone | Guinea | Liberia | Côte d'Ivoire
Issue 271 - 14 February 2014

Sierra Leone: UAE backs solar project

Subscriber

A subsidiary of Sharjah-based Mulk Holdings has won a contract to develop a 6MW solar park in Freetown. Mulk Oasis Gulf Investment will provide engineering, procurement and construction services for the project. The solar photovoltaic panels will be supplied by Masdar PV, owned by Abu Dhabi-based Mubadala Development Company. The Freetown Solar Park is one of six projects selected from over 80 applications for the first funding cycle of the International Renewable Energy Agency project facility funded by the Abu Dhabi Fund for Development.

Sierra Leone