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The project will entail a cost about US$700mn and need two million tonnes of coal per year to run. (Image source: sxc.hu)

Ghananian power producer Shenzhen Energy Group (SEG) has announced plans to build a 700MW coal-fired power plant in the country

Standard Chartered bank is ready to commit more than US$2bn for financing of energy projects as part of the Power Africa initiative. (Image source: Standard Chartered)

After the African Development Bank (AfDB) and African business fraternity joined President Obama’s Power Africa initiative, Standard Chartered bank has also expressed interest in investing in the continent’s power sector

The 200MW from the project will inject vital capacity into the local grid. (Image source: sxc.hu)

Temporary power supply solutions provider Aggreko has announced the expansion of its power project in Côte d’Ivoire with the addition of 100MW of generating capacity

Obamas Power Africa venture will begin in six countries, Ethiopia, Ghana, Kenya, Liberia, Nigeria and Tanzania, and spread to the rest of the continent. (Image source: aflcio/Flickr)

US President Barack Obama has unveiled a new US initiative to help improve electricity access in Africa

The scope of delivery from Siemens will include a total of six gas turbines, six steam turbines and six generators. (Image source: Siemens PLM Software/Flickr)

Siemens has bagged a contract to supply power plant components for the Ras Djinet and Ain Arnat combined cycle power plants (CCPP) in Algeria

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