A group of four US-based companies will make investments worth US$212mn in Nigerias power sector as part of President Barack Obama’s Power Africa initiative
Energy
China Africa Sunlight Energy Africa signs Zimbabwe power deal
China Africa Sunlight Energy Africa and the Zimbabwe Electricity Transmission and Distribution Company (ZETDC) have signed a provisional power purchasing agreement for electricity in Zimbabwe
Sub-Saharan Africa to commission 1.8GW of renewable power capacity in 2014, reveals report
The sub-Saharan African region is set to commission 1.8GW of renewable power capacity in 2014, according to a report by Bloomberg New Energy Finance
SADC shortlists nine power projects to attract investors
The Southern Africa Development Community (SADC) has identified nine high-priority energy transmission projects valued at over US$4bn for promotion and marketing to potential investors
NEPAD signs MoU with USAID to support Power Africa
The African Union’s New Partnership for Africa’s Development Agency (NEPAD) has signed an MoU with USAID to support its Power Africa initiative