RSS Energy News | Oil and Gas News

  • AfDB concludes $116m investment in Nedbank SDG-linked bonds
    The African Development Bank Group has concluded the investment of R2 billion (around $116 million) in Sustainable Development Goals-linked bonds (SDG bonds) issued by Nedbank South Africa. This investment, which is listed on the green bonds segment of the Johannesburg Stock Exchange, will strengthen Nedbank’s capital base and enable it to generate R12 billion ($696… […]
  • Angola needs to increase its power supply to diversify economy
    ANGOLA must in the next five years ramp up its power transmission and distribution capacities if it is to attain its goal of industrialising and overcoming its over-reliance on an oil sector that is experiencing turbulence globally. This requires increased collaboration between the public and private sectors to drive the Angola Energy 2025 agenda of… […]
  • Collen Bawn solar project in Zimbabwe gets investor
    Pretoria Portland Cement (PPC) Zimbabwe has secured an investor to build and operate a 32MW solar power plant in Collen Bawn, Matabeleland South. The development of the solar project is aimed at providing the cement producer with 16MW, while the remainder would be fed into the national grid. Last year, PPC announced the intention to… […]
  • Umeme sets up $83m project to extend electricity distribution network in Uganda
    In Uganda, Umeme, the main electricity distributor wants to extend the electricity distribution network thanks to a $ 83.3 million project that will be implemented during this year. The objective is to participate in the effort started by the government to increase access to energy. In Uganda, Umeme, the country’s main electricity distributor, has launched… […]
  • Namibia’s ANIREP becomes majority shareholder in 2 solar energy companies
    The Namibian investment company Alpha Namibia Industries Renewable Energy Power (ANIREP) has recently completed the acquisition of stakes in two solar energy companies in Namibia; an Independent Power Producer (IPP) and an EPC company. The Namibian investment company Alpha Namibia Industries Renewable Energy Power (ANIREP) will now have a seat on the boards of two… […]