The African Development Bank (AfDB) has approved a US$121mn loan and grant to assist the government in improving electricity access for businesses and in rural households
Energy
Zimbabwe licenses US$250mn worth solar power projects
Five solar power projects, valued at a total of US$250mn, have been licensed by the Zimbabwe Energy Regulatory Authority (ZERA)
REC and O Capital to drive solar energy projects in MENA
Egyptian solar energy solutions provider REC and Orascom Telecom Media and Technology Holding subsidiary O Capital have announced a new venture to provide turnkey solar solutions in Egypt, Middle East and Africa
‘Gas-fired power generation could add US$12bn to South African GDP’
South Africa could tap into its natural gas reserves to expand its energy mix and support growth across the economy, recommended McKinsey Global Institute
UN body to aid Africa with nuclear power generation
UN’s International Atomic Energy Agency (IAEA) has decided to help African nations with the development of nuclear energy for electricity generation