South African financial services company FirstRand will provide US$120mn to construct Ghanas Kpone power plant
Energy
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)
Globeleq acquires majority interest in Cameroon power plants
Power generation major Globeleq has acquired majority interest in two power plants in Cameroon
Morocco touted to be a 'big solar power developer' in North Africa
A KPMG report has claimed that Morocco is showing great promise as a renewable energy developer in North Africa