Saudi Arabian trading group Abdel Hadi Alqatani and Sons has revealed plans to explore business opportunities in Nigerias oil and gas sector
Energy
First privately-owned Nigerian power plant to begin operations from March
Geometric Power will have the capacity to provide uninterrupted power supply once it begins operations. (Image source: sxc.hu)
Nigerias first privately-owned power plant, which will be owned and operated by Geometric Power Ltd, will start operations in March 2013
KenGen’s hydro power unit upgraded
KenGen’s Kindaruma Unit II has been handed over to the company after an upgrade by project contractors Andritz Hydro of Austria and Irans Farab Company
Zimbabwe to receive funds from India for power station refurbishment
Bulawayo, Harare and Munyati power stations need upgrading to enhance generation capacity. (Image source: Spartak Vasev/Flickr)
The Indian government will partly finance the refurbishment of three thermal power stations in Zimbabwe which will cost the Zimbabwe Power Company (ZPC) US$300mn
AfDB grants third round of loans for Kenya-Ethiopia power project
The Ethiopia-Kenya power project will be a 1,068km high voltage transmission line with a power transfer capacity of up to 2,000MW. (Image source: Rambla/Flickr)
The African Development Bank (AfDB) has approved a third round of loans, worth US$115mn, for construction of the power transmission line between Ethiopia and Kenya