During the US – Africa Business Summit in Luanda, Angola, Ruzizi IIIHolding Power Company Limited (RHPCL) announced the signing of an Invitation to Partner Agreement for a potential pivotal partnership with Anzana Electric Group (Anzana), aimed at advancing the $760… Read More »Ruzizi III invites Anzana to become a Strategic Partner in the Ruzizi III Project
Globeleq, the leading independent power company in Africa, has signed a share purchase agreement with Norfund, the Norwegian development institution for the proposed acquisition of a 51% equity stake in the Zambian entity, Lunsemfwa Hydro Power Company (LHPC). LHPC operates… Read More »Globeleq acquires majority stake in Lunsemfwa in Zambia
In the hills north of Bukavu, in the eastern region of the Democratic Republic of Congo (DRC), a small rural community named Murhesa has witnessed the revival of a vital source of life and progress: electricity. Once powered by a… Read More »Rehabilitation of a hydropower plant in DRC to empower surrounding communities
The World Bank Board of Executive Directors approved a $250 million credit from the International Development Association (IDA)* as the first phase of a $1 billion Inga 3 Development Program. This long-term program is a multiphase approach that will help the… Read More »World Bank approves $250m for first phase Inga 3 development program in DRC
The Lesotho Highlands Development Authority (LHDA) has completed ZAR 130 million worth of maintenance works on the 20-kilometre-long tunnel that helps deliver water to South Africa as part of the Lesotho Highlands Water Project (LHWP). Launched in October 2024, the… Read More »LHWP tunnel maintenance completed – ‘Muela back in operation
Nyika Hydropower Group Limited (NHG), a privately-owned run-of-river hydropower developer, has signed 25-year Power Purchase Agreements (PPAs) with the Electricity Supply Corporation of Malawi Limited (ESCOM) for its 51-megawatt (MW) North Rumphi Hydropower Cascade Project. Located along the North Rumphi… Read More »Nyika signs PPAs for North Rumphi Cascade Project in Malawi
The World Bank Board of Executive Directors approved a $350 million grant from the International Development Association (IDA) to support Malawi’s Mpatamanga Hydropower Storage Project (MHSP), a large infrastructure operation aiming to transform the country’s energy landscape and its economic… Read More »World Bank approves financing for 358.5 MW Mpatamanga in Malawi
Zambia and Zimbabwe are stepping up efforts to attract investment for the long-stalled $5 billion Batoka Gorge hydropower project by reviving a controversial proposal to source water from the Democratic Republic of Congo. The Zambezi River Authority, a joint agency… Read More »Zambia and Zimbabwe to re-tender Batoka Gorge project
As part of the state visit by French President Emmanuel Macron, EDF Group Executive Director and CEO of EDF Renewables Béatrice Buffon signed an agreement with Amine Hiridjee, co-CEO of AXIAN Group, and Demba Diallo, Africa50 Development Director, to develop,… Read More »EDF joins development of Volobe hydro in Madagascar
Gruner Stucky announces that commissioning has commenced on Sluice 2 as part of the Kariba Dam Spillway Refurbishment Project, with initial tests yielding promising and satisfactory results. This marks a major milestone in a technically demanding, multi-year effort to secure… Read More »Kariba sluice 2 commissioning