The executive secretary of the UN Economic Commission for Africa (UNECA), Dr Carlos Lopes, has spoken of the continent’s “amazing” potential to become a world leader in renewable energy
Energy
Rwanda’s 28MW hydroelectric plant to reduce need for fossil fuel
Rwanda has commissioned the Nyabarongo hydropower plant power to reduce the government’s monthly expenditures on diesel fuel from approximately US$12.9mn to US$7.4mn
Actis and Mainstream Renewable Energy launch US$1.9bn clean energy initiative for Africa
UK-based private equity firm Actis and global solar and wind energy company Mainstream Renewable Power have launched a pan-African renewable energy generation platform Lekela Power for US$1.9bn
Batoka Gorge hydropower plant capacity to increase to 2,400MW
The power generating capacity of the Batoka Gorge hydropower plant is expected to increase to 2,400MW from the originally-expected capacity of 1,600MW
AfDB grants US$145mn loan for Kenya-Tanzania Interconnection Project
The African Development Bank Group (AfDB) has approved a loan amounting to US$144.9mn to the Kenya-Tanzania Interconnection Project