Africa renewable energy projects secure $25 million equity investment
The Board of Directors of the African Development Bank (AfDB) Group has approved an equity investment of up to $25 million in ARCH Africa Renewable Power Fund (ARPF).
Ethiopian Electric Utility launches new bill collection system
Ethiopian Electric Utility (EEU), the state owned electric power distribution agency of Ethiopia, is set to launch a new utility bill collection system for its corporate clients.
Ethiopia to launch $800 million solar project bids
The Ministry of Finance of Ethiopia is set to launch an international bid for the construction of six mega solar projects worth $800 million.
Ethiopia eyes selling electric power to Gulf countries
The Ethiopian Government expressed its plan to sell electric power to Gulf Countries by signing and agreement to launch feasibility study on Saturday.
Bankable energy projects in Africa secure funding
The African Development Bank Group (AfDB) has approved a $32.5 million equity investment, which will be directed towards bankable energy projects within Africa.
METEC fails to deliver Ethiopia’s 4.1 billion birr power project
Four years after the construction of Ethiopia’s 4.1 billion birr (around $150 million) Melka Sedi thermal power generation plant began, only less than 30% of the total project is completed.
Ethiopia’s fourth wind power project in progress
The Ethiopian Electric Power (EEP), the state agency in charge of building power projects and generating energy, is currently undertaking the construction of the country’s fourth wind power project.
The state of ongoing hydropower projects in Ethiopia
By Andualem Sisay Gessesse – From wind to solar ad hydropower, the government of Ethiopia is currently undertaking several power projects. The Ethiopian Electric Power (EEP), which is the state agency in…
Reducing risk for private investment in off-grid energy
By Oliver Waissbein – In 2011 Rwanda was literally in the dark– 89 percent of the country, about 9.4 million people, didn’t have power. It was one of the lowest electrification rates…
GE to deliver 100MW wind power project in Kenya
GE Financial Service, GE Renewable Energy are set to deliver 100MW wind power project in Kenya. The Kipeto project will produce enough electricity to power the equivalent of 40,000 homes, according to…
Kenya secures funding for solar energy development
The African Development Bank Group has approved a $18.17 million senior loan to the 40 MWac (50MWp) Kopere Solar Power Project of Kenya.
African Development Bank launches Africa Energy Portal
The African Development Bank has launched the Africa Energy Portal (AEP) at the Africa Investment Forum in Johannesburg, South Africa.
Ethiopia launches $7 billion energy, road projects
Ethiopia launches $7 billion public private partnership (PPP) projects that focus on new road construction and energy development, said the Office of Public Private Partnership.
Innovative finance, new technology connect underserved populations
New technology and blended finance will help to bridge the “last mile” of the infrastructure gap by getting goods and services to end users, and connecting underserved populations to business value chains,…