IFC, Scatec and EDF sign agreement to co-develop hydropower project in Malawi
MALAWI – The Government of Malawi (GOM), IFC, Scatec and EDF have signed a binding...
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Tag: Hydropower
Nyamwamba ll hydroelectric power plant secures US$10m financing from EAIF
UGANDA – The Emerging Africa Infrastructure Fund (EAIF), a financing facility of the Private...
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Zambia commissions 150MW Kafue hydroelectric power plant
ZAMBIA – Chinese company Sinohydro has commissioned the first 150MW unit of the Kafue...
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Ivoire Hydro Energy secures US$29m from EAIF for the development of 44MW hydro electricity generation plant
CÔTE D’IVOIRE – Ivoire Hydro Energy (IHE) has secured €25 million (US$29.46m) from The...
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Jubilee Holdings raises its stake in the 250MW Bujabali power plant to 40.9%
UGANDA – Financial services holding company Jubilee Holdings has invested an additional US$40.7...
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Mozambique to offload majority stake in US$2.4b Mphanda Nkuwa hydropower dam
MOZAMBIQUE – Mozambique has announced plans to sell a majority stake in the planned US$2.4...
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Tanzania signs US$140m loan agreement with AfDB for construction of hydropower plant
TANZANIA – The African Development Bank Group (AfDB) and the Government of Tanzania have...
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Ivanhoe Mines Energy and La Société Nationale d’Electricité sign MoU to strengthen hydropower in DRC
DRC – Ivanhoe Mines Energy has signed a Memorandum of Understanding in a public-private...
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Eskom Uganda to rehabilitate Kiira hydropower plant at a cost US$1.4m
UGANDA – Eskom Uganda, the subsidiary of South African energy utility Eskom, will invest...
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AfDB lends Angola US$530m for hydropower transmission
ANGOLA – The African Development Bank (AfDB) has approved a US$530 million loan to Angola...
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Rwanda’s HQ Peat Power Plant construction nears completion after more than 3 years
RWANDA – MHQ Peat Power Plant in Rwanda is nearing completion after approximately three...
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AfDB approves US$120m loan to build Malagarasi hydro-power project in Tanzania
TANZANIA – The African Development Bank (AfDB) has approved a US$120 million loan to fund...
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