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The Export-Import Bank of India has approved a $24m line of credit to the government of Côte d’Ivoire towards the $136.3m cost of a project to connect the electricity grids of the two countries. The Exim Bank has previously supported transmission lines between Côte d’Ivoire and Mali, agreeing a $30m line of credit in late 2009. Only Indian companies can be awarded contracts funded using the Exim Bank line of credit. The deal is the Indian export credit agency’s 200th line of credit worldwide, amounting to more than $12.2bn.

Côte d'Ivoire

The World Bank Group’s Multilateral Investment Guarantee Agency (Miga) on 29 March approved guarantees worth €698.9m ($783.2m) covering commercial loans to Eskom to fund transmission infrastructure improvements. The guarantees cover the risk of the government failing to honour its financial obligations to the utility for up to 15 years for commercial loans worth €470m from Deutsche Bank and Mizuho Bank. Eskom chief executive Brian Molefe said: “Miga’s credit enhancement has allowed us to secure Euro-denominated funding for longer tenors and on more favourable terms for South Africa.”

South Africa

Eight solar power plants in rural areas with combined capacity of 16.6MW have begun operating in Mauritania, Masdar, part of Abu Dhabi’s Mubadala Development Company, has announced. The plants were developed by Masdar in Boutilimit, Aleg, Aioune, Akjoujt, Atar, El Chami, Boulenour, and Bani Chab. An official inauguration was attended by President Mohamed Ould Abdel Aziz at the Atar site on 28 November, Mauritania’s national day. Masdar built the 15MW Sheikh Zayed solar power plant in the capital Nouakchott, which was inaugurated in 2013.


Egypt could have a future as a Mediterranean gas exporter. Rising debts owed by Egyptian General Petroleum Corporation (EGPC) and other post-revolution problems weigh on international oil companies, but IOCs and industry analysts are optimistic about the prospects for further hydrocarbons discoveries in the Nile Delta, Western Desert and other regions, reflected in the latest EGPC licensing round bidding.


The great opportunities that tempted so many international players into Libya’s energy sector have not gone away.

Issue 142 - 04 July 2008

LPG plant tender


Kenya Petroleum Refineries Ltd is inviting bids for an engineering, procurement and construction contract for a liquefied petroleum gas (LPG) import, handling, storage and bottling facility in Mombasa.

Issue 318 - 25 February 2016

Nigeria/Egypt: Abraaj backs IPPs


A $2bn framework partnership agreement signed by Benchmark Power International (BPI) chairman Dr Ahmed Baghat and Abraaj Group partner Neside Anvaripour at the Egyptian government’s Africa 2016 conference on 20 February covers the financial envelope for the development of the first 1,200MW phase of the Motobas combined-cycle gas turbine plant in Egypt’s Nile Delta and the 450MW Geregu 3 plant at Ajaokuta, in Kogi State. Speaking a few days earlier at Energynet’s Egypt Electricity Investment Summit in Cairo, Dr Baghat said BPI had negotiated a gas supply agreement with Nigeria’s Seplat at a regulated price through the gas aggregator.

Egypt | Nigeria
Issue 266 - 25 November 2013

EAPP: Restructuring


The Eastern African Power Pool (EAPP) is restructuring its organization and independent regulatory board, officials say. The Eastern Africa Power Master Plan, released in 2011, is also being updated, to take account of the region’s accelerated growth. The revised master plan is scheduled to appear by June 2014.

Issue 286 - 10 October 2014

Egypt: EBRD loan for services company


The European Bank for Reconstruction and Development (EBRD) is considering providing a $28m loan to finance the expansion of Egyptian oil field services company Advanced Energy System. The expansion includes the purchase of an offshore drilling rig, to be operated in Egypt. The loan aims to increase domestic private sector participation in the Egyptian offshore drilling industry, which is dominated by a handful of large multinationals and public sector companies.


CIC Energy Corporation has signed a memorandum of understanding with a Chinese company to develop a 300MW power station and associated mine at the Mmamabula coalfield to supply the domestic market.

Botswana | South Africa
Issue 242 - 01 November 2012

Dr Congo: Coal-fired unit to supply mines


Gécamines is planning a 500MW coal-fired power plant in Katanga province, its managing director, Ahmed Kalej Nkand, told Spintelligent’s late October Ipad event in Lubumbashi.

DR Congo

Electricity and energy minister Hassan Younis met petroleum and mineral resources minister Sameh Fahmy in late October to confirm the supply of additional gas to the Ministry of Electricity to meet targets in 2011.


Egyptian media have stepped up their campaign against the long-term sales contracts to supply natural gas to Israel through the East Mediterranean Gas Company (EMG),

Issue 240 - 04 October 2012

Angola: Maersk discovery


Operator Maersk Oil has announced an oil discovery with the Caporolo-1 exploration well in the Lower Congo Basin.

Issue 217 - 07 October 2011

ALGERIA: Licensing round awaited


Upstream regulator Agence Nationale pour la Valorisation des Hydrocarbures may now wait until early 2012 to launch its fourth licensing round.