Power Generation

Kibo’s Benga DFS well ahead of schedule in Mozambique

benga 31Kibo Energy plc, the multi-asset Africa-focused energy company, announced that a definitive feasibility study (DFS) has been designed to confirm Benga Independent Power Project’s commercial and operational viability is progressing well ahead of schedule

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BBOXX signs US$31mn deal with AIIM

bboxx 16jAfrica Infrastructure Investment Managers (AIIM), though its AIIF3 fund, is investing US$31mn for a minority stake in BBOXX’s operations in Rwanda, Kenya and the Democratic Republic of Congo (DRC), in which about 10mn is expected to gain energy access

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US and Senegal sign new MCC Senegal Power Compact

Senegal signing MCC COO Nash Minister Ba 800x592The US government’s Millennium Challenge Corporation (MCC) and the government of Senegal have signed the new five-year US$550mn MCC Senegal Power Compact

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Kibo Energy renews MoU with Mozambican electric utility EDM

Kibo 12Kibo Energy PLC, the multi-asset, Africa-focused energy company, has renewed and expanded its MoU agreement with Mozambican state-owned electric utility, Electricidade de Mocambique (EDM), to advance the financing, construction and operation of the Benga Independent Power Project in Mozambique

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AFC invests in Cameroon's 420MW hydro-electric power station

afc 29Africa Finance Corporation (AFC), one of the leading infrastructure development finance institutions in Africa, has announced to invest in the Nachtigal Hydro Power Company (NHPC), located 65KM north of Yaounde in Cameroon

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