Powerway South Africa, a subsidiary of the Chinese Powerway Renewable Energy Company, plans to invest US$160mn to construct a 100MW solar power plant in Zimbabwe
Energy
DR Congo gears up for major hydro projects
The World Bank will invest an estimated US$550mn in hydro projects annually over 10 years in collaboration with the African Development Bank’s (AfDB) Programme for Infrastructure Development in Africa (PIDA)
South Sudan to get US$26 million grant for electricity distribution network
The African Development Bank Group (AfDB) has approved a grant of US$26mn to rehabilitate and expand electricity networks in South Sudan
US and China mull partnership for Inga 3 project in DR Congo
The US may partner with Chinese firms to finance the US$12bn Inga 3 dam project located in DR Congo, according to an NGO
Tanzania to receive US$27 million German grant for power project
Tanzania has announced that it will receive US$27mn from Germany to set up a new electricity transmission line in the East African country