DFC Disburses 1st Tranche for 105 MW Gas Power Plant in Sierra Leone
On 10 December 2024, the US International Development Finance Corporation (DFC) effected its first disbursement for a USD 292 million
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Energy
Chappal Energies Secures $360M Bridge Loan for Equinor’s Oil & Gas Prime Assets
On 6 December 2024, Nigerian Oil & Gas (O&G) company Chappal Energies announced the closure of its acquisition of Equinor
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Niger Ousts France’s Orano in Favor of Russia in Uranium Mining
On 8 November 2024, Niger Minister of Mines Ousmane Abarchi announced that Niger is in advanced talks with Russian companies
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Perenco Plans to Place 75% of its $2B Investment in Africa
Perenco recently made public certain details of its investment plan worth USD 2 billion for the next few years. Perenco
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Power Africa Grants $1.87M for Feasibility Studies on Volobe Dam in Madagascar
During the general shareholders meeting (GSM) of Africa50 and the celebration of the 50th anniversary of Africa50 Infrastructure Investment Platform
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Nyerere Dam to be Commissioned by End 2024
The Julius Nyerere Hydroelectric Power Plant (HPP) is nearing completed and is expected to go online by the end of
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Rosatom Delegation in Burkina Faso to Move Forward Nuclear Power Project
Following a request made by Burkina Faso’s President Ibrahim Traore to Russian President Vladimir Putin during the Russia-Africa Summit 2023
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The Long and Twisted Road to Build the Inga Dam
Hailed as the world’s largest hydropower project with a capacity of 40 GW and costing a whopping USD 80 billion,
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Globeleq Secures $99M Insurance for First Wind Farm in Mozambique
On 9 July 2024, the US International Development Finance Corporation (DFC) announced that it has approved a USD 80 million
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Masdar Partners with Infinity to Build $10B Wind Farm in Egypt
Infinity Power is a Joint Venture between Egyptian firm Infinity and UAE renewables giant Masdar. Recently, they announced a deal
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