The African Development Bank has approved a loan of US$117mn to redevelop the Saint Louis Power Plant in Mauritius
Energy
Gigawatt Mozambique secures finances for 100MW power project
Power company Gigawatt Mozambique has secured finances to build a 100MW gas-fired power plant at the Ressano Garcia border
Ghanaian power plant construction receives go-ahead
South African financial services company FirstRand will provide US$120mn to construct Ghanas Kpone power plant
Standard Bank signs US$70 million loan facility with Globeleq
South Africas Standard Bank has signed a three-year loan facility for US$70mn with independent power generation company Globeleq
OPIC invests US$523 million in Lake Turkana Wind Power project
The US-based finance institution Overseas Private Investment Corporation (OPIC) has agreed to an investment warranty of US$253mn to support the construction of the Lake Turkana Wind Power project (LTWP)