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Fitch Ratings upgraded its sovereign long-term foreign-currency issuer default rating from B to B+ on 19 November, with a stable outlook. The move reflects a faster-than-expected rebound in tourism traffic since March and a strong vaccination rollout (78% of the population is now vaccinated)

Wärtsilä has reported that its total installed capacity on the continent now exceeds 7.4GW, of which one-third is covered by operation and maintenance contracts.

Lansarine, Tebourba-based cheese-maker Centrale des Produits Laitiers – CPL Souani inaugurated an 85kWp roof-mounted PV plant on 9 December, saying it will cover up to 60% of its electricity needs during daylight hours.

The International Organisation for Migration’s Juba office in Northern Bari has invited bidders to submit a tender for the design, supply and installation of a 0.4MWp roof-mounted solar PV system.

Namibia Power Corporation has terminated its power supply agreement with Congo Namibia Trading, a privately held company that serves a settlement near Otavi, Kombat village. Congo Namibia has reportedly been owned by powerful local businessman Knowledge Katti since 2015.

Finance minister Enoch Godongwana’s first budget speech was welcomed as another safe budget in a long history of safe budgets in South Africa. But the challenges facing the government continue to mount: the National Treasury expects the economy to grow by 2.1% in 2022, dropping to 1.8% over the medium term.

Textile exporter United Aryan said it had connected its 1.8MW rooftop solar PV project in Nairobi.

The Ministry of Energy and Water Resources is seeking expressions of interest from consultants to support financial planning for its rural electrification strategy, as resources and energy minister Gaston Eloundou Essomba revealed an estimated financing gap of FCFA874bn ($435m) for 2022-30.

Scatec insider Terje Pilskog replaces longstanding chief executive Raymond Carlsen as chief executive of the renewable energy developer. Carlsen steps down after 13 years in post – a period when the Oslo-based developer has expanded significantly.

Wärtsilä has signed a ten-year service agreement with Malicounda Power for the service and maintenance of its 130MW power plant located in Mbour.

The European Union-funded Electrification Finance Initiative (EDFI ElectriFI) has extended a $3.1m loan to German C&I solar power provider Redavia to enable it to expand its business in Ghana and Kenya.

Hotel group Mango Tree Beach has installed solar PV plants with a combined capacity of 1MWp at three of its four hotels in Zanzibar.

The Somalia and Eritrea Monitoring Group (SEMG)’s leaked July 2015 report into Soma’s capacity-building agreement (CBA) with the Ministry of Petroleum includes a number of allegations, all of which the company has rejected.

Financial close on the 128MW Sambangalou cross-border hydroelectric power project is expected in early July, following delays.

Trident Energy has begun a project to convert 15 gas lift wells to electrical submersible pumps (ESPs) by the end of 2022, aimed at unlocking the capacity of its Okume complex, in the Gulf of Guinea offshore Equatorial Guinea.