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Power Generation

DR Congo seeks contractor for US$12bn hydroelectric project

congo-river-jbdodaneDR Congo is looking to choose a contractor by July for its controversial US$12bn hydroelectric project aimed at producing up to 4,800MW of power by diverting about one-sixth of the Congo River

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Standard Bank Group to increase investments in ‘Power Africa’ initiative

lightbulb-jasmeschew-flickrStandard Bank Group will accelerate its investments in the ‘Power Africa’ initiative over the next five years

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General Electric to invest US$2 billion in Africa

General-Electric-gas-turbinesAn estimated US$2bn worth of investments from multinational conglomerate General Electric (GE) will be distributed across Africa in a bid to help the continent achieve sustainable growth

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Nigeria and US sign MoU to improve electricity supply

lightbulb-AlexisBellido-flickrNigeria has signed a memorandum of understanding (MoU) with the US to improve electricity supply in the West African country

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World Bank body to support power plant investments in Cameroon

power plant-rudolfvleck-flickrWorld Bank Group member Multilateral Investment Guarantee Agency (MIGA) has announced its support to three power projects in Cameroon

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