The government of Maldives has secured financing of a US$6mn from the Abu Dhabi Fund for Development (ADFD) for a project that will generate energy from waste
Energy
Ethiopia Electric Power signs US$120mn power project deal
The Ethiopia Electric Power has signed a US$120mn contract with China Electric Power & Equipment Technology Company (CET) for the construction of the Ethiopia-Kenya Transmission line
World Bank approves US$60mn credit facility for Liberia
The World Bank has approved International Development Association (IDA)’s US$60mn credit that would help Liberia extend affordable electricity services to businesses and households
Eranove to develop Kenié hydroelectric dam in Mali
Eranove has signed a 30-year concession agreement with the government of Mali to finance, develop, build and operate the Kenié hydroelectric dam
‘Gensets aiding economic growth in Africa’
In 2014, Nigeria imported a total of 28,678 genset units totalling to US$185.5mn, as per data provided by PowerGen Statistics