Nigeria has signed a pact with Sinohydro-Cneec Corporation to build a US$1bn 700MW hydro power station on the Zungeru River in Niger state
Energy
Malawi secures US$76.5 million loan for fuel storage project
Malawi has secured a loan of US$76.5mn from the Export-Import Bank of India for the construction of fuel reserve facilities
AfDB approves new loan for Ethiopia-Kenya power project
The African Development Bank (AfDB) has approved an additional loan amount of US$115mn to finance the construction of an electricity highway running between Ethiopia and Kenya
US grant to fund Liberian power sector expansion project
The US government has granted Liberia US$9.1mn to expand the electricity supply to the country’s capital city, Monrovia, and its surrounding areas
ABB wins South African solar power orders worth US$225mn
Power and automation technology group, ABB, has confirmed that it has won orders worth around US$225mn to supply two turnkey photovoltaic (PV) power plants that will be built in Limpopo in South Africa