Africa is to have the largest independent power plant built in the Sub-Saharan region, Ghana. Cenpower Generation Limited has already signed an agreement for construction of Kpone Independent Power Plant (KIPP) in the Tema industrial zone at a cost of US$900m to finance the project.
The Combined Cycle Gas Turbine (CCGT) power plant is projected to start stream in 2017, adding about 10% of Ghana’s total installed capacity and approximately 20% of the countr.... Read more »
Posted on : Monday , 20th October 2014
Posted on : Monday , 20th October 2014
Tanzania is in final stages of evaluating bids for oil and gas blocks it offered in its latest bidding round and plans to pick the winners before the end of this year, its upstream regulator said on Friday. East Africa is a new hotspot in hydrocarbon exploration after substantial deposits of crude oil were found in Uganda and major gas reserves were discovered in Tanzania and Mozambique. "The evaluation of bids is in the final stages and the results of this ongoing process will.... Read more »
Posted on : Saturday , 18th October 2014
Kenya, Uganda and Rwanda are in the final stages of deciding on a consultant to oversee building a pipeline to pump the region's new oil bonanza to the coast for export, a senior Kenyan energy ministry officials said on Thursday.
Posted on : Saturday , 18th October 2014
Maersk Drilling announced Thursday that Cabinda Gulf Oil Company Limited, a Chevron subsidiary in Angola, has extended the current contract for the Maersk Deliverer (UDW semisub) expiring in June 2015 by two years. Mærsk Deliverer has since 2012 been working for Chevron and its partners on the Tombua Landana field offshore Angola. With the contract extension the rig will be on contract until June 2017. The estimated revenue potential from the two-year contract extension .... Read more »
Posted on : Saturday , 18th October 2014
Posted on : Friday , 17th October 2014
Posted on : Friday , 17th October 2014
Mobius Motors is preparing to launch its first production vehicle in Kenya known as the Mobius II, a vehicle designed for the rugged roads of Africa.
Read more » Posted on : Friday , 17th October 2014
Kenya: Franchise managers have moved the race for a share of Kenya’s luxury car market a notch higher with increased investment and marketing. The franchise holders for Porshe — Multiple Group, which comprises Multiple Hauliers and RT East Africa — stoked the latest round of activity in the industry when they opened a showroom for the German aut.... Read more » Posted on : Friday , 17th October 2014
Imperial Holdings is expanding its motor vehicle business into Africa as part of a strategy to reduce the impact of volatility of the rand and cyclicality of the South African new vehicle market .... Read more » Posted on : Friday , 17th October 2014
Posted on : Thursday , 16th October 2014
Hyundai Automotive South Africa Read more » Posted on : Thursday , 16th October 2014
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