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Libya’s independent national audit authority has cancelled two power plant construction contracts worth $700m awarded by General Electric Company of Libya (Gecol) to Siemens and Turkey’s Enka Teknik in December because of irregularities in both the financing and the tender. African Energy understands that a powerful Tripoli-based militia may also have threatened violence to prevent the financing documents from being signed.

Libya
Issue 423 - 24 September 2020

Rwanda: World Bank approves access project

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The World Bank Group board on 17 September approved $150m from the International Development Association (IDA) and $10m grant from the Energy Sector Management Assistance Programme for the $288m Energy Access and Quality Improvement Project in Rwanda. The IDA financing includes a $75m loan and $75m grant.

Rwanda
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A new IMF programme, six years after the ‘tuna bonds’ scandal erupted, points to Filipe Nyusi’s success at surviving through difficult times but, with just two years left before his second term ends, the president still has to show he has created an environment able to deliver LNG mega-projects, as the insurgent challenge continues and rival factions line up for a succession, writes Tom Bowker.

Mozambique
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Democratic Republic of Congo’s huge resource base, and desperate need to cater for one of the world’s fastest-growing populations, are exciting potential investors, encouraged by President Félix Tshisekedi’s claims to be presiding over improved governance. But claims to significant progress are questionable as a controversial presidential election beckons, conflict stalks eastern DRC and criminality dogs efforts to overhaul power and other sectors, write François Misser and Jon Marks.

DR Congo
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Niamey hopes the construction of a pair of thermal power plants with total capacity of 111MW will break its dependency on Nigerian electric power, but little is known about Moulaye El Arby Baba Aïnina, the Mauritanian businessman with mining and cement processing interests in Guinea who has financed the $130m investment.

Mauritania | Niger
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Tunisia’s economic decline and return to autocracy has been underlined by the World Bank suspending new projects in response to President Kaïs Saïed’s anti-immigrant stance. However, Qatar may soon start to provide much-needed funds and Tunisia is also earning revenue by acting as a re-export hub for embargoed Russian oil, writes Jon Marks.

Tunisia
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Nigeria’s National Council on Privatisation (NCP) has named the local Mainstream Energy Solutions Ltd (MESL) as preferred bidder for two hydroelectric power (HEP) plant concessions. African Energy understands that negotiations are expected to start soon to finalise terms between the Bureau of Public Enterprises (BPE) and MESL.

Nigeria
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The Zambian authorities have opened talks with oil marketing companies (OMCs) to refinance the $600m they are owed as a result of a now-ended fuel subsidy scheme. African Energy spoke to energy minister Peter Kapala in Lusaka.

Zambia
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 London-listed Tullow Oil reported a rise in revenues and profits in its full-year results issued in early March and sought to focus attention on its prospects in Ghana and Kenya instead of its high levels of debt and ongoing litigation issues. African Energy takes a closer look at Tullow’s prospects for 2023 and beyond.

Kenya | Ghana | Mauritania | Gabon | Côte d'Ivoire
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Kenya’s first independent power transmission (IPT) projects – the 165km 400kV line from Lessos to Loosuk and the 72km 220kV line from Kisumu to Musaga – are expected to reach financial close by end-2023, with construction to start thereafter, according to project sources.

Kenya
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Project bulletin

The African Development Bank (AfDB) has approved a $50m grant for Eritrea's Dekemhare 30MWp solar PV and 15MW/30MWh battery storage plant.

Eritrea
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Project bulletin

A group of Japanese and French banks have demonstrated their confidence in the long-term prospects for Egypt’s renewable energy (RE) sector by confirming support for one of its largest wind projects to reach financial close. The commitment is significant as several even larger projects are in the pipeline, while the wider economic outlook for Egypt is deteriorating.

Egypt
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Project bulletin

Savannah Energy has committed to developing the 75MW Bini a Warak hydroelectric scheme – previously expected to be built by Chinese finance and companies – as an independent power project (IPP). The project should burnish London AIM-listed Savannah’s credentials as a broad-based energy company, during a period when it is consolidating its Cameroonian links while contesting neighbouring Chad’s nationalisation of its upstream assets.

Cameroon
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Project bulletin

Dubai-based Amea Power has signed a 25-year power purchase agreement (PPA) for a 85MW solar PV power plant it is developing at an unnamed site in North West Province. The agreement was signed with private energy trader GreenCo Power Services, a subsidiary of Lusaka-based Africa GreenCo Group.

South Africa
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Data trend

The prospects for giga-scale renewable power projects in North Africa have never been better, leveraging off export-led green hydrogen projects and the advantages of adding cheap non-emitting capacity to already well-developed grids. But the latest figures from African Energy Live Data show that, over the next five years, North Africa will instead pour ever more natural gas into a growing fleet of open cycle plants, while relatively few wind and solar projects have firm completion dates.

Egypt | Libya | Algeria | Morocco | Tunisia