African Business News

Siemens confirms six substations construction deal in Egypt

A consortium comprising of Siemens and El Sewedy Electric T&D are expected to construct six state of the art substations in Egypt after signing a contract with Egyptian Electricity Transmission Company (EETC) .

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Renewables up, fossil fuel stocks down

2015 was a landmark year for climate action. Its many highlights were topped by a Paris agreement where 195 countries set themselves on a low-carbon path via economy-wide plans sure to be developed and strengthened every year.

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Rosatom to officially begin constructing first nuclear power plant in Egypt

Russia’s national nuclear corporation Rosatom will commence the construction of first nuclear power plant in Egypt after signing an agreement. In the contract signed, the construction of the power plant in Egypt will begin early 2016.

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Eskom confirms sale of electricity to Zimbabwe

ESKOM has confirmed the sale of electricity to Zimbabwe but denied that the power supply agreement with its Zimbabwean counterpart, the Zimbabwe Electricity Supply Authority (Zesa), is secret.

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