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The Southern African Power Pool (SAPP) now comprises 14 members. These are mainly state-owned utilities, although there are some other members, including Africa’s oldest independent generator,

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Democratic Republic of Congo boasts massive energy generation potential from hydro, wind or solar, but the traditional approach of evaluating hundreds of prospective hydro sites across the country looks increasingly flawed. Overcoming the chronic shortage of available generation capacity is most likely to be achieved by focusing on relatively modest projects located close to key load centres, and using a variety of technologies, rather than by developing the massive Inga or other large-scale hydro schemes.

DR Congo
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State utility Office National de l’Electricité (ONE) has invited expressions of interest by 1 February 2012 from engineering, procurement and construction contractors to

Morocco
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Low bidder Petrofac/IKPT has lost the Arzew LNG train contract to a joint venture of Italy’s Saipem/Snamprogetti and Japan’s Chiyoda. The E2.8bn ($4.4bn) engineering, procurement and construction contract is for a single train gas liquefaction plant, with a capacity of 4.7m t/yr, to be built near Arzew, about 400km west of Algiers.

Algeria
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The government has promised to pay $1.5bn of the $6bn it says it owes oil firms in an effort to revive investor confidence and boost investment in the energy sector. “There is approval to pay $1.5bn,” interim prime minister Hazem El-Beblawi told a business conference in Cairo on 4 December aimed at attracting investment from Gulf states. While oil companies remain undeterred by Egypt’s political upheavals, stressing that both onshore and offshore operations are unaffected, they are suffering a growing financial burden from unpaid arrears owed to them by Egyptian General Petroleum Corporation and its subsidiaries.

Egypt
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Canada’s troubled SNC-Lavalin has been hit with a Standard & Poor’s (S&P) downgrade as the ratings agency warned of the risk of weaker profit in the wake of corruption scandals surrounding the firm’s operations in Libya, Algeria, Tunisia and Bangladesh. S&P cut its ratings from BBB+ to BBB with negative outlook.

Issue 271 - 13 February 2014

Nigeria: Extra $550m for energy reforms

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The federal government has injected an extra $550m into its $1bn sovereign wealth fund to support investment in the power sector. Finance minister Ngozi Okonjo-Iweala said that $200m of the $550m would go into the Infrastructure Fund of the Nigerian Sovereign Investment Authority to finance gas-to-power investments with the private sector. The other $350m will go into a liquidity facility for the Nigerian Bulk Electricity Trading Company (NBET), which will act as the bulk purchaser and reseller of electricity until the new distribution companies establish creditworthiness and are able to negotiate directly with the generation companies.

Nigeria
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Kenya Electricity Transmission Company (Ketraco) and Tanzania Electric Supply Company (Tanesco) are seeking expressions of interest from consultants to carry out a feasibility study for an interconnection transmission line from Menengai in Kenya to Mwanza in Tanzania via Kilgoris, and a study to find a cost-reflective interconnection tariff and wheeling charge.Tanesco is also seeking a consultant for a distribution master plan study covering Mbeya, Arusha, Mwanza and Dodoma.The studies will be financed from funding to the Tanzanian government from the African Development Bank and Japan International Cooperation Agency for the Kenya-Tanzania Power Interconnector Project.

Kenya | Tanzania
Issue 152 - 12 December 2008

Mag Congo B potash plant will use gas

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Gas from Eni’s Republic of Congo (ROC – Brazaville) operations, rather than electricity generated at Inga Falls in Democratic Republic of Congo, is expected to power the latest version of MagIndustries Corporation’s Kouilou minerals development.

Congo Brazzaville
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Ethiopian Electric Power (EEP) invites bids by 12 June from private developers to finance, build, own and operate the 550MW Didessa hydropower plant in Oromia regional state. The project, located on the Didessa River, a tributary of the Abay, will be developed on a build, operate and transfer basis, with the entire capacity and the plant’s estimated gross annual output of 5580GWh to be sold to EEP under a long-term power purchase agreement.

Ethiopia
Issue 270 - 04 February 2014

Angola: New pre-salt find for Cobalt

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Cobalt International Energy has announced a first discovery in the syn-rift interval in the Bicuar #1A pre-salt deep-water exploratory well on Block 21. The well was drilled to a depth of 5,739 metres and encountered 56 metres of oil and condensate pay from multiple pre-salt intervals. This is the fourth deep-water pre-salt discovery offshore Angola by Sonangol and Cobalt, and the first discovery in the deeper pre-salt syn-rift reservoir. “The syn-rift discovery in Bicuar validates the presence of a viable seal and trap with quality reservoir rocks in the deeper reservoir section,” said Cobalt chief exploration officer James Farnsworth.

Angola
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Temporary power provider Aggreko has announced a three-year contract extension for its 200MW gas-fired power project in Abidjan, with an option to extend it by a further two years. The Aggreko plant in the Vridi area was installed in 2010, with the first phase of the project producing 70MW. This was increased to 100MW in 2011 and to 200MW in June 2013. With a booming economy and GDP growth of around 9%, demand for energy has been increasing steadily in recent years.

Côte d'Ivoire
Issue 183 - 26 March 2010

Pula financing: the Morupule model

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The financing package for Botswana Power Corporation (BPC)’s $1.6bn-plus, 600MW Morupule B coal-fired power station and transmission project has attracted considerable attention. Funding included $379.1m from the World Bank, divided into

Botswana
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Abdelmoumen Ould Kaddour was dismissed as head of state energy giant Sonatrach on 23 April, to be replaced by head of production Rachid Hachichi. Respected as an industry professional but widely distrusted for his links to the now discredited Bouteflika clan, and especially his ties to the politically ambitious former energy minister Chakib Khelil, Ould Kaddour’s position was in doubt even before Abdelaziz Bouteflika departed the presidency.

Algeria
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Sonangol’s new board has said that a thorough investigation of the parastatal’s financial and management problems has revealed that the situation is worse than expected. With $1.6bn of debt payments due by year-end, the company has been in talks with international banks to secure financing. The company’s total debt is estimated at $9.85bn.A 1 December statement by the new board said Sonangol had failed to adjust its strategy to cope with the sharp reduction in revenue caused by the oil price crash.

Angola