African Business News

CIF commits US$40m to the government of Ghana

The Climate Investment Funds (CIF) has committed to provide US$40m to the government of Ghana towards the renewable energy sector. However, this comes after the government’s plan of transforming the country through the renewable energy sector.

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Mozambique Power Update: Government backs dams, AfDb supports renewable:

For a country with so much energy potential, Mozambique’s power sector is relatively underdeveloped. Big dam projects remain at the planning stage, and the grid is yet to connect urban areas in the south to generation in the centre.

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Nigeria: Clean energy projects study tender

Transmission Company of Nigeria invites expressions of interest by 3 June from international consultants to prepare a strategic environmental and social assessment on the development of gas-fired, solar and mini-hydropower generation plants by independent power producers.

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Ethiopia welcomes Turkish investors in energy sector

Ethiopia has entered a Memorandum of Understanding with four Turkish firms in a bid to see them undertake power generation projects to boost the energy sector in the country. The MOU was signed in Turkey when a delegation from Ethiopia visited the country.

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