African Business News

Programme on sustainable energy in Nigeria launched

The Federal Government has unveiled a programme on Sustainable Energy in Nigeria For All- Action Agenda (SE4ALL-AA) that will increase Nigeria’s power generation from the present 3,000MW of power to 45,101MW by 2030.

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Sankofa Gye Nyame Oil Field in Ghana to commence operation in 2017

Oil production from the Sankofa Gye Nyame Oil Field, is expected to begin in the second quarter of 2017 while production of gas is expected start in second quarter of 2018. The oil field is the third producing asset after Jubilee and the TEN fields.

Currently, the implementation of the Sankofa Gye Nyame Gas Project is about 54% complete, while the Floating, Production and Storage and Offloading (FPSO) Vessel is almost 80% complete.

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Construction of East Africa’s largest solar farm to start in earnest

Construction of East Africa’s largest solar farm is set to start in earnest after the Power plant developer, Rural Electrification Authority (REA), announced that it has concluded a PPA with Kenya Power to sell electricity generated from the solar farm at $0.12/kWh.

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Uganda and Ethiopia big winners at East African Power Industry Awards in Nairobi this week

“It is wonderful that EAPIC is coming to Uganda next yearâ€

Uganda scored a double victory at the East African Power Industry Awards with the country not only winning the Special Recognition Award for outstanding leadership in the sector, but also scooping up the Award for Excellence in Power Transmission or Distribution for the second year in a row.

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