The 6,000 MW Grand Ethiopian Renaissance Dam (GERD) hydropower project, worth US$4.7bn, will begin generating electricity in 18 months, according to the Ethiopian government
Energy
Kenya’s wind power project receives US$692mn
The Lake Turkana Wind power project in Kenya will receive US$692mn in funds after 11 banking institutions signed a pact to finance the project
EAC seeks power surplus of 400MW by 2018
The East Africa Community (EAC) hopes to have a power surplus of 400MW by 2018 if all projects in the pipeline are implemented
Nigeria power generation to reach 10,000MW by 2015
Nigeria’s power generation will increase from 4,000 to 10,000MW by the end of 2015, according to Nigeria’s minister of power Chinedu Nebu
GE and Sonelgaz to build US$300mn facility in Algeria
GE and Sonelgaz have signed an agreement to build a US$300mn manufacturing complex in Batna province