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Issue 215 - 10 September 2011

Abeokuta plant gets EAIF funding

Subscriber

The Emerging Africa Infrastructure Fund, managed by Frontier Market Fund Managers, has provided $15m of senior secured debt to project company Tower Power Abeokuta for a 12MW gas-fired combined heat and power plant in Abeokuta, Ogun State

Nigeria
Issue 215 - 10 September 2011

Power cuts trigger Snel reshuffle 

Subscriber

President Joseph Kabila ordered a complete reshuffle at the top of Société Nationale d’Electricité (Snel) on 20 August, following power cuts caused by the lowest water levels for a century in the Congo River. 

DR Congo
Issue 215 - 10 September 2011

Strong response to renewables IPP tender

Subscriber

The Department of Energy (DoE) has reported heavy demand for tender documents, finally released in early August, for its renewable energy independent power producer (IPP) programme. 

South Africa
Issue 215 - 10 September 2011

Tariffs rise by 31%

Subscriber

The Zimbabwe Electricity Regulatory Commission (Zerc) has approved a 31% tariff increase as part of a gradual move to cost-reflective tariffs to improve cashflow for state utility Zesa Holdings.  Zerc said the average tariff would rise to 9.3 cents/kWh from 7.5 cents from 1 September. 

Zimbabwe
Issue 215 - 10 September 2011

ContourGlobal signs KivuWatt loan facility

Subscriber

US power developer ContourGlobal has signed agreements for a $91.25m loan facility for phase I of the KivuWatt project to turn Lake Kivu’s methane into power (AE 209/8). 

Rwanda
Subscriber

Harare has taken another step towards tackling the country’s power supply deficit with the start of tendering for 900MW of new capacity at Hwange and Kariba

Zimbabwe
Issue 214 - 30 July 2011

COUNTRIES AND MARKETS

Subscriber

Kpong hydro rehabilitation; Power sector reform; AFD backs solar power; New units for Kainji

Ghana | Mauritania | Nigeria | Morocco
Subscriber

Licence holders and developers are still awaiting clarification on how bidding for the first round of tendering under the Renewable Energy Feed-in Tariff (Refit) mechanism for renewables projects will work, weeks after officials suggested that competitive bidding based on price, rather than the expected fixed tariff formula, might now apply

South Africa
Issue 214 - 30 July 2011

Wärtsilä wins Sasol order

Subscriber

Wärtsilä has secured a turnkey order to supply a 180MW gas-fired plant for the Sasol group, in a project that will allow the energy and chemicals giant to diversify its power supply away from Eskom

South Africa
Subscriber

Prime minister Ahmed Ouyahia, energy and mines minister Youcef Yousfi and Sonelgaz chairman Noureddine Bouterfa have all made public statements in recent days attempting to quell a rising tide of protest and riots provoked by frequent and widespread power cuts throughout the country

Algeria
Issue 214 - 30 July 2011

IPSA lines up turbines sale

Subscriber

IPSA Group, which is listed on London’s Alternative Investment Market and Johannesburg Stock Exchange, has finally announced the sale of its four Siemens Westinghouse 701 DU gas turbines, in deals worth $66m. The deals will help IPSA to overcome its debt problems, escaping a difficult situation by exploiting the global increase in turbine prices

South Africa
Subscriber

Singapore’s Nava Bharat plans to start construction of a 300MW coal-fired power plant at Maamba Collieries by year-end and to complete it by 2014, according to company directo

Zambia
Subscriber

After months of power cuts, the prospect of indefinite load-shedding comes as a serious blow to Tanzanian homes and industries.  While emergency and longer-term projects have been announced, the crisis will take time to resolve

Tanzania
Subscriber

The board of the Lomé-based Banque Ouest Africaine de Développement (BOAD) has approved more financing for troubled Senegalese utility Senelec and the government’s emergency power sector recovery plan ‘Takkal’ (AE 210/1).

Senegal
Subscriber

Confirmation of intentions to bid for Nigeria’s six generation companies and 11 distribution companies, accompanied by a $20,000 fee for the request for proposals document,

Nigeria