UK government backs African 'solar energy revolution'
The UK government has vowed to play a leading role in delivering a "solar revolution" across Africa, arguing the technology has the potential to transform energy access across the continent.
Read more: UK government backs African 'solar energy revolution'
Sri Lanka's Sierra Cables to build plant in Kenya
Sri Lanka based Sierra Cables plans to set up a manufacturing plant in Kenya targeting East Africa’s power generation projects.
Read more: Sri Lanka's Sierra Cables to build plant in Kenya
Zimbabwe: U.S.$10 Billion Needed for Power Plants
About 13 Independent Power Producers (IPPs) that were licensed, some of them five years ago, to construct power plants worth about $10 billion, are failing to raise the required capital, Zimbabwe Energy Regulatory Authority (ZERA) chief executive Engineer Gloria Magombo disclosed yesterday.
Read more: Zimbabwe: U.S.$10 Billion Needed for Power Plants
New African Development Bank President Adesina looking to mobilize $55B for energy projects on the continent
African Development Bank President Akinwumi Adesina, who took over this month, said he’s aiming to eliminate Africa’s energy deficit by 2025 by mobilizing $55 billion of investment.
