The Mauritius Commercial Bank Ltd (MCB) is facilitating Senegal’s endeavour to improve its national electrification rate through its US$60mn participation in the syndicated project finance facility of US$140mn to Karpowership
Energy
Egypt’s largest solar plant, Kom Ombo, receives US$114mn financing package
The European Bank for Reconstruction and Development (EBRD), the OPEC Fund for International Development (the OPEC Fund), the African Development Bank (AfDB), the Green Climate Fund (GCF) and Arab Bank have signed a US$114mn financing package with ACWA Power for the construction of the largest private solar plant in Egypt
Cenfura creates African subsidiary in Nigeria
Cenfura Ltd (Cenfura), a smart energy services company, has announced a new subsidiary with local partners in Nigeria to provide needed 24/7 renewable energy to communities and businesses in Nigeria and provide a bridge to the digital economy for efficient payments
Puma Energy launches solar and battery projects in Ghana
Puma Energy has announced the launch of 11 solar projects at its retail stations and a further three at its terminals in Ghana, with the solar power generation at 11 of the 14 sites supported by battery storage
Total and partners sign final agreement for Lake Albert development project
Total, China National Offshore Oil Corporation (CNOOC), Uganda National Oil Company (UNOC), and Tanzania Petroleum Development Corporation (TPDC) have concluded the final agreements required to launch the Lake Albert development project in East Africa