Actis acquires Senegalese power plant, partners with Africa50 to revamp operations

Actis acquires Senegalese power plant, partners with Africa50 to revamp operations

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SENEGAL – Actis, a leading investor in growth markets has through its subsidiary Azura entered into an energy deal in Senegal. The deal involves the acquisition of the 115MW Tobene Power plant in Senegal, which was part of the Melec Power Gen…

Planned Launch of central electricity grid control set to increase energy access in ECOWAS region

Planned Launch of central electricity grid control set to increase energy access in ECOWAS region

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WEST AFRICA – The West African Power Pool (WAPP) has announced that a central control centre that will be used to manage and operate all electricity grids in West Africa shall begin operations by 2020. The Secretary-General, WAPP, Siengui Appollinaire, told journalists…

Ethiopia partners with Russia to develop nuclear energy for peaceful industries

Ethiopia partners with Russia to develop nuclear energy for peaceful industries

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ETHIOPIA – Ethiopia through its Ministry of Innovation and Technology has in October this year signed an accord with state owned Rosatom Nuclear Energy Corporation to develop nuclear energy for peaceful industry. The intergovernmental agreement was signed in Sochi, Russia at the…

Chevron’s agreement with Olorunsogo Genco to boost power production in Nigeria’s Ogun State

Chevron’s agreement with Olorunsogo Genco to boost power production in Nigeria’s Ogun State

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NIGERIA – Chevron Nigeria Limited (CNL) has signed a gas sale and aggregation agreement with Olorunsogo Generation Company Limited aimed at boosting power production at the facility. Chevron said in a statement that the agreement which was also signed by Niger Delta…