Angola Trumps Nigeria to Become Africa's Biggest Oil Producer
Angola has trumped Nigeria to become Africa's biggest oil producer as the latter's output declined the most in May among its peers in the Organization of Petroleum Exporting Countries (OPEC). [...]
Crossboundary Raises $25 Million for Renewable Energy Projects
Kenya-based Crossboundary Energy Access (CBEA), a mini-grid infrastructure fund, has raised $25 million to back renewable energy projects across the continent. The funding was raised from ARCH Emerging Markets Partners [...]Relief as KPLC Receives Ksh 7 Billion Subsidy to Lower Electricity Bills Further by 15%
The National Treasury issued a Sh7.05 billion subsidy to KPLC to allow it to cut electricity bills by a further 15 per cent. Last year, President Uhuru Kenyatta directed a [...]
Fuel Prices in Tanzania Drop as $43 Million Subsidy Comes into Effect.
Tanzania has reduced the cost of fuel effective Wednesday following the Tsh100 billion ($43 million) fuel subsidy the government announced last month. According to the Energy and Water Utilities Regulatory [...]GDC Set to Add 49 MW of Geothermal Power to the National Grid
Geothermal Development Company (GDC) has announced plans to add 49 megawatts of geothermal power to the national grid from Menengai Crater after an 11-year wait. The company began drilling the first [...]Electricity Demand in Kenya Hits Record High
Kenya's demand for electricity has hit a new peak demand of 2,051 megawatts(MW) up from 2,036MW recorded in November 2021, pointing to accelerated growth and recovery in demand which slowed [...]TotalEnergies Buys 50% Stake in U.S. Renewables Company Clearway Energy Group
TotalEnergies said it has agreed to buy 50% of Clearway Energy Group, the fifth-largest renewables company in the United States, marking the French group's largest U.S renewables energy acquisition. The French [...]Zimbabwe Reintroduces Fuel Blending to Curb High Prices
The government of Zimbabwe has announced plans to resume blending petrol with ethanol, seeking to reduce fuel prices and increase its availability. The government resumed petrol blending at E10 from [...]Tanzania Seeks to Add 6,000MW Renewable Energy to its National Grid
Tanzania has announced plans to add close to 6,000MW of renewable power to its national grid. Tanzania is already on course to sign an agreement with Equinor and Exxon Mobil [...]South Sudan Gears to Import 100MW of Electricity from Ethiopia
South Sudan has signed a memorandum of understanding with Ethiopia to import hydro and other cheaper energy, bringing to birth the Grand Ethiopia Renaissance Dam (Gerd). According to the Ethiopian [...]KPC Begins Upgrade of Changamwe Refineries Facilities
The Kenya Pipeline Company (KPC) has begun upgrading the facilities owned by Kenya Petroleum Refineries Limited (KPRL), seeking to boost its storage capacity. Upgrade of the refinery is aimed at [...]AfDB Gives $180 Million to Rwanda's Energy Project
The African Development Bank (AfDB) has given $180 million to Rwanda’s four-year energy project, seeking to raise the number of homes connected to electricity in the next two years. The [...]
