DR Congo is looking to choose a contractor by July for its controversial US$12bn hydroelectric project aimed at producing up to 4,800MW of power by diverting about one-sixth of the Congo River
Power Generation
Standard Bank Group to increase investments in ‘Power Africa’ initiative
Standard Bank Group will accelerate its investments in the ‘Power Africa’ initiative over the next five years
General Electric to invest US$2 billion in Africa
An estimated US$2bn worth of investments from multinational conglomerate General Electric (GE) will be distributed across Africa in a bid to help the continent achieve sustainable growth
Nigeria and US sign MoU to improve electricity supply
Nigeria has signed a memorandum of understanding (MoU) with the US to improve electricity supply in the West African country
World Bank body to support power plant investments in Cameroon
World Bank Group member Multilateral Investment Guarantee Agency (MIGA) has announced its support to three power projects in Cameroon