Electricity | CEO Business Africa

World Bank approves US$335m to scale up rural electrification in Tanzania

September 30, 2022September 30, 2022

TANZANIA – The World Bank approved additional financing of US$335 million to support Tanzania’s efforts to scale up grid extension and grid densification, following the country’s achievement as one of the fastest electricity access expansion rates in Sub-Saharan Africa over the past decade. The new International Development Association (IDA) credit to the Tanzania Rural Electrification Expansion Program (TREEP) will facilitate…

Ghana signs MoU with ATI to promote access to reliable, clean, and affordable electricity

September 8, 2022September 8, 2022

GHANA – The Government of Ghana has signed a Memorandum of Understanding (MoU) with the African Trade Insurance Agency (ATI) for the rollout of the Regional Liquidity Support Facility (RLSF) within the country. The MoU is in line with the government’s mission to promote access to reliable, clean, and affordable electricity. RLSF, a joint initiative of ATI, the KfW Development…

KenGen installs electric vehicle charging station in Nairobi, launches 83MW plant

June 20, 2022June 20, 2022

KENYA – Kenya Electricity Generating Company (KenGen) has installed an electric vehicle charging station in Nairobi as the State agency joins other actors steering the push for e-mobility. Catherine Nyambala, an engineer at KenGen, said the power producer will in the coming days ship in electric cars to test the station and help with data that is key to boosting…

Mozambique’s hydroelectric project receives a boost from AfDB

May 27, 2022May 27, 2022

MOZAMBIQUE – The African Development Bank (AfDB) is supporting the implementation of the Mphanda Nkuwa mega hydroelectric project in western Mozambique. The pan-African bank is committed to providing advisory services for the implementation of this hydroelectric project which will have a strong environmental and social impact. After the International Finance Corporation (IFC), the subsidiary of the World Bank Group, it…

Kenya Power appoints Eng. Geoffrey Muli as acting managing director

May 19, 2022May 19, 2022

KENYA – Kenya Power has appointed Eng. Geoffrey Wasua Muli as the firm’s acting managing director effective immediately, even as the utility company steps up the search for a substantive boss to take over from Bernard Ngugi, who left in August last year. Mr Muli, who was acting general manager in charge of regional coordination, takes over from Ms Rosemary…

Malawi’s Ethanol Company to construct plant that converts ethanol waste into fertilizer and electricity

April 28, 2022April 28, 2022

MALAWI – Ethanol Company (EthCo), Malawi’s ethanol distiller, has announced the construction of a plant that will convert waste from its facilities into fertilizer and electricity. The goal is to reduce its impact on the environment. The project was announced by Lusubilo Chakaniza, the managing director of Ethanol Company (EthCo). It involves the construction of a unit dedicated to the…

AfDB approves US$180m loan for extension of electricity in rural areas

April 27, 2022April 27, 2022

RWANDA – The African Development Bank (AfDB) has approved two loans amounting to US$180 million to co-finance a major energy project that will extend electricity access to rural areas and reduce greenhouse gas emissions in Rwanda. This follows earlier approval for US$84.2 million from the resources of the African Development Fund (ADF), the concessional window of the Bank Group, for…

IFC launches work on solar mini-grid program to scale up clean electricity in the DRC

March 22, 2022March 22, 2022

DRC – International Finance Corporation (IFC) has begun work with the Government of the Democratic Republic of Congo (DRC) to bring clean, solar energy to over 1.5 million homes, businesses, schools, and clinics in the country under the World Bank Group’s Scaling Mini-Grid (SMG) program. The SMG program was designed to help the DRC and other emerging countries establish public-private…

World Bank approves US$150M to increase access to electricity services in Senegal

March 21, 2022March 21, 2022

SENEGAL – The World Bank’s Board of Executive Directors approved US$150 million from the International Development Association (IDA) to increase access to electricity services for households, enterprises, and critical public facilities in Senegal. The financing will be utilized under the Energy Access Scale-Up Project (PADAES) in the West African country. More than 1.5 million people will benefit directly from the…

Tlou Energy signs transmission line contract for Lesedi Power Project in Botswana

March 16, 2022March 16, 2022

BOTSWANA – Botswana-focused coalbed methane (CBM) developer Tlou Energy has signed a contract for the construction of a transmission line to link its Lesedi power project to the country’s grid. Lesedi is located approximately 100 Km from the existing electricity grid in Botswana. The first stage of development will be the erection of wooden poles fitted with an overhead 66kV…