Market News
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Angola: U.S.$ 900 Million Invested in Soyo Combined Cycle Project
Posted on :Thursday , 24th March 2016
Luanda — The Angolan Government has invested about Usd 900 million in the Soyo Combined Cycle power project in northern Zaire province.The information was released Tuesday by the minister of Energy and Water, João Baptista Borges, who said the project will be complete in 2017.The project that involves several power s. . .Nigeria: President Targets 10,000MW of Electricity Generation
Posted on :Wednesday , 23rd March 2016
President Muhammadu Buhari on Monday said his administration has set a target of delivering 10,000 megawatts of electricity generation in the next three years.
The president, who stated this while addressing the National Economic Council retreat held at the State House, Abuja, said this year alone the administration would add 2000 megawatts to the national grid.Floating Power Station Inaugurated in Mozambique
Posted on :Tuesday , 22nd March 2016
Maputo — The Mozambican and Zambian Presidents, Filipe Nyusi and Edgar Lungu, on Saturday inaugurated a floating power station in Nacala in the northern province of Nampula.
The power station can generate 100 megawatts and can supply northern Mozambique and Zambia.The Turkish vessel containing the power station has been docked a. . .IAEA to Support Nigeria Generate 4,000 Megawatts of Electricity
Posted on :Saturday , 19th March 2016
Abuja — President Muhammadu Buhari has appreciated the support of the International Atomic Energy Agency, IAEA, for Nigeria's quest to generate 4,000 megawatts of electricity using nuclear energy.
This came as Ministers of Power, Solid Minerals, Health, Science and Technology told President Buhari that Nigeria would soon start a program that will help the coun. . .Additional 160GW to be Added to Continent's Power Grids with AfDB's New Deal
Posted on :Friday , 18th March 2016
President of the African Development Bank, Dr. Akinwumi Adesina, says the new deal articulated by the bank on energy for Africa in 2015 will add 160 gigawatts, GW, of new electricity generation capacity to Africa's power grids by 2025.
In September 2015, the Bank articulated a New Deal on Energy for Africa and launched a Transformative Partnership on Energy for Afri. . .Please Select an Option
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