In the remote village of Bondo, Malawi, a remarkable economic transformation is underway, driven by the innovative use of Bitcoin mining. This once impoverished community is now witnessing a surge in prosperity and quality of life, a stark contrast to its… Read More »Bitcoin mining at Bondo hydroplant in rural Malawi
Zanaga Iron Ore Company Limited recently announced that a memorandum of understanding has been signed with China Machinery Engineering Corporation (“CMEC”) relating to hydroelectric power solutions for the Zanaga Iron Ore Project in the Republic of Congo and associated funding… Read More »MoU signed for hydropower solutions at Zanaga Iron Mine in Congo
To boost access to clean and reliable energy across Africa, IFC today signed a financing package for the Facility for Energy Inclusion (FEI), a pan-African fund that supports small-scale decentralized renewable energy (DRE) projects, bringing power to Africa’s commercial and… Read More »IFC partners with FEI Fund to boost access to clean and reliable energy in Africa
Technology group Voith is set to supply equipment for the large-scale hydropower plant Caculo Cabaça in Angola, West Africa. The order comprises all electrical and mechanical equipment, including the installation of four Francis turbines with an output of 530 MW… Read More »Voith to supply 4 turbines for Caculo Cabaça in Angola
The African Development Bank-managed Sustainable Energy Fund for Africa (SEFA) has approved a $9.72 million grant to scale up the Africa Hydropower Modernisation Programme (AHMP), a one-stop shop that overhauls African hydropower systems to enhance their reliability and flexibility. With this… Read More »AfDB’s SEFA to provide $9.72m to modernise African hydropower fleet
The consortium of EDF (40%), TotalEnergies (30%) and Sumitomo Corporation (30%) announces that it has been selected as strategic partner by the Government of Mozambique and entered into a joint development agreement for the development of the Mphanda Nkuwa hydropower… Read More »Consortium selected for development of Mphanda Nkuwa in Mozambique
In Gabon, the Kinguélé Aval hydroelectric project has received its first disbursement of 81 billion CFA francs. The funding has been raised by four lenders to the project, which is being developed under a public-private partnership (PPP). The financing of… Read More »Four banks disburse €123m for the Kinguélé Aval hydro project in Gabon
The Mpatamanga Hydro Power Project (MHPP) is located on the Shire River, the largest river in Malawi and a tributary to the Zambezi River Mozambique, and situated in southern region of Malawi, within the Blantyre and the Neno Districts. This development… Read More »General procurement notice Mpatamanga Hydroelectric Power Project, Malawi
A game-changing report published by the World Bank’s Energy Sector Management Assistance Program (ESMAP), assesses women’s participation in the hydropower sector. The report, entitled, ‘Power with full force: Getting to gender equality in the hydropower sector’ draws out five key… Read More »New World Bank report addresses gender equality in the hydropower sector
With its vast network of rivers, Burundi is endowed with abundant hydropower resources. However, most of this potential remains untapped, as there has been limited private investment into this sector to date. While the production and supply of electricity are… Read More »GET.invest Insight launch – opportunities for investment in small hydropower development in Burundi