Latest News Energy

Electricity

17/01/2024 at 16h56, by Africa Business+

Copperbelt Energy Corporation’s new shareholding following Affirma Capital’s $145 m investment 

Affirma Capital, a private equity firm founded by former Standard Chartered Bank employees, has decided...

Electricity

15/01/2024 at 17h25, by Africa Business+

Côte d’Ivoire: Daouada Soukpafolo Koné (EKDS) wins first contract in ambitious electrification programme

The head of Côte d’Ivoire Énergie (CI-Énergie) has selected the Côte d’Ivoire entrepreneur for the first...

Development Bank

11/01/2024 at 17h28, by Africa Business+

AIIB targets Rwanda for $100m in electricity support

The Asian Infrastructure Investment Bank (AIIB) was set up at China’s initiative as an alternative financing...

Energy

11/01/2024 at 16h47, by Africa Business+

Transnet, SAA, Eskom and Denel consolidated under giant public holding company in South Africa

South Africa’s Department of Public Enterprises (DPE) will table a Bill in Parliament in the coming...

Bank

11/01/2024 at 16h41, by Africa Business+

Rawbank CEO Mustafa Rawji: “In carbon credit projects, we have identified potential financing of $150m to $200m.”

The CEO of DR Congo-based Rawbank spoke to Africa Business+ about its plans to monetise carbon credits.

Mines

10/01/2024 at 16h55, by Africa Business+

Fortescue builds its Zambian copper exploration team

The Australian iron giant has sought mining and hydrogen opportunities in Africa for several years.

Renewable energies

10/01/2024 at 16h41, by Christelle Marot

Globeleq acquires Mocuba Solar in Mozambique for $12 million

The Africa-focused independent renewable energy producer has acquired a 75% stake in Mozambique’s 41-MW...

Electricity

21/12/2023 at 15h05, by Africa Business+

Ghana/Côte d’Ivoire interconnection: Pietrangeli wins against Engie, EDF, Afry and WSP

The company founded by Giorgio Pietrangeli, which has already worked on supervising the Gibe 3 hydroelectric...

Renewable energies

18/12/2023 at 14h26, by Africa Business+

EAIF fund due to back Axian’s energy business in Madagascar

The UK vehicle is due to invest $30 million to support renewable energy investments on the continent.

Commercial banking

15/12/2023 at 17h26, by Africa Business+

EDF and TotalEnergies start to organise after Mozambique mega-dam victory

The French groups will team up with Japanese giant Sumitomo Corporation to build the Mphanda Nkuwa Dam....

Construction & Infrastructure

14/12/2023 at 17h54, by Africa Business+

Sonangol starts restructuring its Paenal shipyard

The Angolan state oil company has a 40% stake in the shipyard, which has a vast area of land on the...

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