AGMC and CNCEC Sign $20B MoU to Implement Ogidigben Gas Revolution Industrial Park in Nigeria
On 15 January 2025, The Alpha GRIP Management Company (AGMC), a subsidiary of the UAE-based Alpha Group, singed an MoU
Read more
Energy
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
Read more
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
Read more
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
Read more
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
Read more
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
Read more
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
Read more
PowerChina Bags Largest 342-MW PV Project in South Africa
On 23 September 2024, PowerChina and SolarAfrica signed a contract to implement a 342 MW photovoltaic project in South Africa.
Read more
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
Read more
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,
Read more