Ethiopia collects $114 million from selling electricity
Ethiopia Electric Utility (EEU) collects 3.2 billion birr (about $114 million) bill from its customers during the first…
Energy
Chinese companies secure energy deals in Ethiopia
Ethiopian Electric Power (EEP) on Monday has signed two energy deals with Chinese companies – a $113 million…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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,…
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,…
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…
Djibouti to host renewable energy conference
The Minister of Energy in charge of Natural Resources of the Republic of Djibouti is set to organize…
Africa Development Bank releases diagnose, fragility assessment tool
The African Development Bank has created and refined a new tool to diagnose fragility in countries, taking into…
Experts discuss Water-Energy Nexus for Africa’s sustainable development
A three-day meeting opens in Addis Ababa, Ethiopia, discusses mainstreaming and implementing the water-energy nexus for sustainable development…
Civil societies slam South Africa’s inclusion of new coal in electricity plan
The Life After Coal Campaign and Greenpeace Africa argue that the inclusion of an additional 1000 MW of…
U.S. finance Ethiopia’s 50 megawatts geothermal energy project
The United States Trade and Development Agency awarded a grant to TM Geothermal Operations Private Limited Company (TMGO),…
Phanes Group kicks off Solar Incubator program for Africa
Phanes Group, an international end-to-end solar provider headquartered in Dubai, UAE, has announced the 2nd edition of its…
IFC set to boost wind energy development in Africa
The International Fiance Corporation (IFC), a member of the World Bank Group, has forged a new partnership with…
Uganda gets protection to renewable energy projects
Uganda becomes the first African country to sign an agreement with the Regional Liquidity Support Facility (RLSF), which…
Consortium set to reduce Ugandan electricity costs
A consortium of development finance institutions and commercial lenders today announced completion of the refinancing of more than…
Zambia secures $50 million to diversify energy
The Board of Directors of the African Development Bank has approved US$50 million framework financing for small-scale renewable…
Ethiopia, Egypt, Nigeria, Zambia, Côte d’Ivoire discuss Africa Energy Market
Experts from Ethiopia, Egypt, Nigeria, Zambia and Côte d’Ivoire along with public, private and civil society representatives discuss…
Turkish company set to generate electricity in Ethiopia
The Turkish giant, Turkish Industry Holding is set to invest 750 million Euros in power generating sector in…
GE provides power unit for village in Ethiopia
General Electric (GE) of the United States, the world’s premier digital industrial company, has commissioned a scalable micro…
Africa electricity index examines 15 countries performance
Electricity Regulatory Index for Africa (ERI), new report by the African Development Bank measures the level of development…