African Business News

Largest solar farm in southern hemisphere launched

Late last week, Minister of Energy Tina Joemat-Pettersson inaugurated the 175MW Solar Capital facility based in De Aar, Northern Cape. It is the largest solar farm ever completed in the Southern Hemisphere, Africa and the Middle East region.This launch of the facility is the culmination of a two-phase project. The first phase has a capacity of 85MW and the second phase an even larger capacity of 90MW.

Read more...

Construction of hydroelectric power stations in Gabon to begin

The Gezhouba Group Corporation (CGGC), a Chinese base company specializing in the construction of hydroelectric power stations plans to construct two hydroelectric power stations in Gabon.

Read more...

Kuwait Fund to support construction of major power plant in Egypt

Kuwait Fund for Arab Economic Development (KFAED), Middle East’s first institution to undertake active role in international development affairs has signed a financing agreement to fund the construction of a major power plant in Egypt to a tune of US$100 millions. The fund currently has 105 beneficially countries and boosts over US$18000 million in loan commitments.

Read more...

Phoenix Energy to construct mega solar power plant in Egypt

One of the leading Lebanese energy companies Phoenix Energy is now set to construct one of the largest solar power plant in Egypt after clinching a contract for the same.

Read more...

Latest African news, articles, business information and special reports from across the African continent.