Orange and Engie have signed two deals to expand the electricity grid as well as optimise the power supply for the telecom infrastructure in Africa
Energy
Egypt’s renewable energy sector holds investment potential worth US$13bn
Egypt’s renewable energy sector has a potential opportunity of around US$13bn for private sector financing over the next five years, according to industry reports
Seychelles secures US$31mn fund to expand electricity grid
Seychelles has secured US$31mn in funding from Arab Bank for Economic Development in Africa (BADEA) and the Saudi Fund for Development to improve electricity network in the island nation
Rwanda and CIF to spend US$50mn on clean energy projects
Rwanda, along with Climate Investment Funds (CIF), will work to provide access to electricity to around 70 per cent of its population by 2018
JCB Power Products acquires UK diesel genset producer
JCB Power Products has acquired the business and assets of diesel generator producer Broadcrown Ltd