The Bank’s financing is in addition to financing expected from a consortium of Development Finance Institutions (DFIs), banks, and financial institutions The Board of Directors of the African Development Bank has approved a loan of up to $170 million to support the development of the game-changing 1.1 GW Suez Wind… +
The AEC is calling upon African states and the private sector to fund the African Energy Bank, an institution which is focused on funding African energy projects By NJ Ayuk, Executive Chairman, African Energy Chamber (https://EnergyChamber.org). For more than a year, the African Energy Chamber (AEC) has been pushing back… +
Participants will have the opportunity to network with industry experts, share knowledge, and contribute to shaping the future of the regional electricity market The West African Power Pool (WAPP) announces the 19th session of its General Assembly, which will take place from November 25 to 29, 2024, at the Radisson… +
Burundi has reached a major milestone in its energy development with the inauguration of the Kabu 16 hydroelectric power plant, located in Cibitoke province. President Evariste Ndayishimiye presided over the inauguration ceremony on Friday, October 25, 2024, marking the completion of a major project estimated at 106 million dollars. The… +
This high voltage DC infrastructure is the only one of its kind in the region and is the foundation of East Africa’s ambition to be interconnected in terms of power exchange and allow cross-border trade in energy The electricity highway between Ethiopia and Kenya, officially opened in 2023 after more… +
The project is funded by the African Development Fund, the concessional window of the African Development Bank Group, which provided a $9.08 million loan and a $7.28 million grant The bustling sound of dough kneading fills the air at Pierre Gbenou Tito Dossou’s bakery in Okoun-Sèmè, Benin, as the once… +
As Africa’s energy sector continues to grow, a new generation of women is breaking barriers and redefining leadership in this critical industry. The African Energy Chamber (AEC) proudly announces the 2024 edition of the 25 Under 40 Energy Women Rising Stars – a group of outstanding individuals whose innovation, perseverance and passion… +
PRNewswire/ — A large Open-Pit Mine (the Mine) located at the Inner-Mongolia, China, has recently adopted the comprehensive unmanned construction solution for mines from XCMG Machinery (“XCMG”, SHE:000425) for its latest practice of green and smart open-pit mining. With adoption of a batch of electric autonomous mining trucks, ZNK95, the Mine… +
Following the launch of a gas-to-industry supply project in Cameroon, Perenco is set to unlock a new wave of investment and project development Reaffirming its unwavering dedication to Africa’s energy sector, independent hydrocarbon producer Perenco recently launched its first-ever gas-to-industry supply project in Cameroon. Last July, the company put into… +
The withdrawal of Western financial support from Africa’s oil and gas sector, coupled with delays in key projects due to lack of investment, threatens to undermine the continent’s energy development and economic progress says the African Energy Chamber In recent years, several Western banks and financial institutions have implemented policies… +
