The World Bank will invest an estimated US$550mn in hydro projects annually over 10 years in collaboration with the African Development Bank’s (AfDB) Programme for Infrastructure Development in Africa (PIDA)
Power Generation
South Sudan to get US$26 million grant for electricity distribution network
The African Development Bank Group (AfDB) has approved a grant of US$26mn to rehabilitate and expand electricity networks in South Sudan
US and China mull partnership for Inga 3 project in DR Congo
The US may partner with Chinese firms to finance the US$12bn Inga 3 dam project located in DR Congo, according to an NGO
Tanzania to receive US$27 million German grant for power project
Tanzania has announced that it will receive US$27mn from Germany to set up a new electricity transmission line in the East African country
TAQA to build 300MW power plant in Ghana
Abu Dhabi National Energy Company (TAQA) has revealed plans to build an energy facility that will generate 300MW of power at the Takoradi Thermal plant in Ghana