Lufubu Power Company (LPC) in Zambia will establish a hydro power project in the countrys Northern Province, which will be expected to help mitigate the Zambias current power deficit
Energy
AfDB approves US$150 million loan for Turkana Wind Power Project
The African Development Bank (AfDB) has approved funds worth US$150mn for a wind power project in Kenyas Lake Turkana region
Tanzania receives Swedish help for power project
Tanzania has launched a rural electrification programme with the help of the Swedish government
World Bank support for Nigeria power sector
The World Bank has provided its first Partial Risk Guarantee (PRG) for US$145mn to support Nigerias gas sector and bring more electricity to Nigerian consumers
Caterpillar and Altaaqa Global sign power deal
Caterpillar has entered into an international power projects (IPP) agreement with Saudi Arabia-based Zahid Group’s subsidiary company, Altaaqa Global, which will ensure an increase in electricity generation across the African continent within weeks