Aggreko has expanded its gas-fired power plant at GigawattPark in Ressano Garcia, Mozambique to now enable supply of power to Namibia
Energy
African bank invests in power projects
The United Bank for Africa (UBA) has invested US$700mn this year for financing power assets in Nigeria
Ethiopia launches solar energy project
Ethiopian energy ministry has launched a US$11mn solar systems project, which will be used to power 25,000 homes in rural areas of the country
Nigeria signs power deal with Chinese bank
The Nigerian federal government has signed a deal with China’s EXIM Bank worth US$500mn to improve power transmission capacity in the African nation
Nigeria signs agreement with Chinese firm for coal power project
The Nigerian federal government has signed a Memorandum of Understanding (MoU) with Chinese energy firm HTG-Pacific Energy for a US$3.7bn coal-to-power project