AFRICAReports News & Reports Power

IDA to Fund Cameroon – Chad Power Interconnection Project with US$ 385M

The proposed Cameroon – Chad Power Interconnection Project is set to receive approximately US$ 385M worth of funding in form of a loan from the International Development Association (IDA), a subsidiary of the World Bank Group. Approved on 16th June this year the grant will be split between the two countries, US $295 million for the …read more →

AFRICAReports Banking and Finance Infrastructure News & Reports Power

World Bank Approves $750m Facility for Nigeria’s Power Sector

The World Bank Board has approved $750 million facility for the Nigerian Power Sector in a bid to support the Buhari administration in providing constant power supply to Nigerians. The facility under the Bank’s The Power Sector Recovery Programme (PSRP) buys time in favour of the Nigerian consumers as it forestalls the increase of tariffs …read more →

AFRICAReports Water Resources

Benin Moves to Prevent Crop Destruction …. constructs water troughs for animals in Savalou

Several automatic solar-powered water troughs with a capacity that ranges between 20,000 and 30,000 m³ are set to be constructed around the villages of Awiankanmè and Danmè in the commune of Savalou, Benin. The aim is to provide cattle herds in Savalou and its neighboring regions with water from a good source at all seasons …read more →

AFRICAReports Power

Technolectric to Build First Floating Solar Power Plant in Kenya

Kenya’s first-ever floating solar power plant is set to be constructed in the rift valley region. The 69 kW power infrastructure will be commissioned for Rift Valleys Roses, a family-owned rose-growing company located near Lake Naivasha, on one of the flower farm’s water reservoirs using a floating substructure. The floating solar power plant project will be …read more →

AFRICAReports Power

Morocco, Germany Partner on Green Hydrogen Production

The governments of Morocco and Germany have entered into an agreement for the development of the green hydrogen production sector in the North African country and the establishment of research and investment projects on the use of this ecological energy source. The treaty was signed in Berlin by Morocco’s ambassador to Germany, Zohour Alaoui, and …read more →

AFRICAReports ENERGY News & Reports

$7.6 Billion Train-7 Project Good to Go as NCDMB, NLNG, Contractors Agree

The $7.6 billion train-7 project is set to commence in earnest as the Nigerian Content Development and Monitoring Board, NCDMB, and the Nigerian Liquefied Natural Gas Limited, NLNG have held the kick-off meeting for the engineering, procurement and construction components of the project. The meeting which was held virtually, provided the opportunity for NCDMB to …read more →

AFRICAReports Infrastructure News & Reports

Morocco Begins Construction of an Economic Zone at Fnideq

Morocco has begun the construction of an economic activity zone in Fnideq, a town in northern Morocco, on the Mediterranean coast of M’diq-Fnideq Prefecture near the border with the Spanish autonomous city of Ceuta. The works that are already taking place with regards to the construction of an economic zone on the site are the leveling …read more →

AFRICAReports Agriculture Economy Infrastructure News & Reports

Moroccan Firm Seeks To Commission Fertiliser Plants in Nigeria, Ghana In 2024

Morocco’s OCP Group expects a fertiliser plant in Ghana and an ammonia plant in Nigeria to be operational by 2024, the company’s chief growth officer said, adding 2 million tonnes a year to its global output capacity. OCP, the world’s biggest phosphates exporter, will build the two plants, each with a capacity of 1 million …read more →

AFRICAReports Agriculture Infrastructure News & Reports

Cross River, Israeli Firm to Establish $15m Cocoa City Project

The Cross River Government and Israeli Bean & Co. Global Ltd. have signed a full Venture/Public Private Partnership agreement of 15 million dollars for the establishment of a special cocoa city project in the state. The online virtual signing of the agreement was carried out on Wednesday in Calabar, while the Memorandum of Understanding had …read more →

AFRICAReports ENERGY Infrastructure News & Reports Power

Egypt Wants UN to Avert Unilateral Fill of Dam by Ethiopia

The Grand Ethiopian Renaissance Dam is seen as it undergoes construction work on the river Nile in Guba Woreda, Benishangul Gumuz Region, Ethiopia. Egypt wants the United Nations Security Council to “undertake its responsibilities” and prevent Ethiopia from starting to fill its massive, newly built hydroelectric dam on the Blue Nile next month without an …read more →