Energy in Central Africa

  • How to boost private sector investment in Africa’s electricity infrastructure

    BOTSWANA, 2017/06/15 A new World Bank statement has called for increased private sector investment in Africa’s under-developed electricity transmission infrastructure, a vital ingredient for reaching Africa’s energy goals. The statement which was made available to the Ghana News Agency on Thursday by the World Bank indicated that Africa lags behind the rest of the world at the same time as it comes to electricity, with just 35 % of the people with access to power and a generation capacity of only 100 GW. According to the statement those who do have power typically consume relatively little, face frequent outages and pay high prices.
  • Gabon: Slump in oil prices hurting livelihoods

    GABON, 2016/08/27 There’s growing dissent in Gabon’s second city of Port-Gentil ahead of the presidential election on Saturday. Being Gabon’s economic capital, the city has been hit by a slump in oil prices, which have impacted on businesses and livelihoods of a lot of. “For us, we started in 2004 with additional than 500 employees, today we have been hit by additional than a 75 % workforce reduction,” says Mboko Mavoungou, director of ECM.
  • Is Sonangol Helping Move Isabel Dos Santos Toward Angolan Presidency?

    ANGOLA, 2016/07/26 The appointment of Isabel dos Santos as CEO of the Angolan state oil company Sonangol is very much justifiable. She is Africa’s richest woman, and an astute businesswoman. The 43-year old tycoon made a go at business with the opening of Luanda’s Miami Beach restaurant. Today, she is worth $3.3 billion, and sits on the boards — and owns considerable shares — in some of the biggest companies in Angola and Portugal. All in all, the woman is the youthful, established, and market-ensuring CEO that a smart president should appoint to govern a state oil company.
  • Barack Obama’s Power Africa initiative makes slow progress

    UNITED STATES, 2016/07/25 Crumbling, mismanaged energy systems have long been an oppressive brake on economic increase in the region’s 49 nations, which have less grid-connected electricity than South Korea and about 600m power-starved people. However, three years next Mr Obama promised to bring “light where currently there is darkness” and “clean energy to protect our planet”, evolution on the ground is proving painfully slow. The Power Africa programme, which the president launched in 2013, is supposed to add 30,000 megawatts of electricity by 2030, equal to nearly a third of sub-Saharan Africa’s existing generating capacity.
  • Congo: Total abandons oil field citing decrease in global oil prices

    CONGO BRAZZAVILLE, 2016/07/04   French oil company Total has decided to abandon its ‘‘Pointe-Noire Grand Fonds’‘ oil field in the Republic of Congo, citing the decrease in world oil prices, Jeune Afrique has reported. According to Total officials, 15 to 20 million dollars had been spent on this project yearly which produces about 12,500 barrels per day.
  • Combined cycle power plant project in Soyo, Angola, expected to cost US$900 million

    ANGOLA, 2016/03/26 The Combined Cycle Power Plant project in Soyo, Angola, will cost an estimated US$900 million and the natural gas-fired is expected to start operating in 2017, said Angola’s Minister for Energy and Water. This project includes several substations and transmission lines and will produce 750 megawatts of electricity, which will be able to supply much of the country’s energy needs, whether household or industrial. Minister João Baptista Borges, who Monday visited the high voltage and very high voltage substations in the city of Nzeto (Zaire province), of Capari and Catete, both in Luanda, said that the substations would be completed by the end the initial half of 2016.
  • Gabon looks longer term for oil benefits

    GABON, 2015/12/27 While the hydrocarbons sector continues to account for the majority of Gabon’s export revenues and remains one of the economy’s key drivers, plateauing production has prompted efforts to encourage new exploration, with some early success. After a decline in production from around 370,000 barrels per day (bpd) in 1997 to 236,000 bpd in 2013, oil production held steady last year at 236,000 bpd, according to BP’s “Statistical Review of World Energy” from June, despite the sharp fall in oil prices since mid-2014. Gabon is seeking to stabilise production around 250,000 bpd in the short term through new smaller discoveries and enhanced oil recovery techniques, before doubling production by 2025.
  • 80 municipalities will have electricity by 2017 in Angolan

    ANGOLA, 2015/06/28 By 2017 the Angolan National Rural Electrification Programme will ensure access to electricity in 86 municipal headquarters and 124 communal headquarters across the country, said Thursday in Lisbon the President of the Institute for the Regulation of Electricity Sector (IRSE). Luis Mourão da Silva, speaking at the Energy for Development Conference of the Community of Portuguese Speaking Nations, said the National Rural Electrification Programme, conducted at the same time as other social development programmes, will increase Angolan agricultural production.
  • Energy Development - Central Africa Seeks Interconnection

    AFRICA, 2014/11/06 Ten nations of Central Africa are seeking ways of associating efforts and infrastructure to maximize the enormous energy potentials it has and journey the region out of darkness and under development. A 2014-2030 mutual strategy drafted by the Central African Power Pool (CAPP) with technical expertise of the European Union is under validation in a four-day workshop that began in Yaounde yesterday November 4 under the patronage of the Minister of Water Resources and Energy. Speaking during the opening ceremony, the Permanent Secretary of CAPP, Jean Chrysostome Mekondongo, said target is to federate efforts, maximize potentials and journey out of underdevelopment. He said there are two categories of projects concerned with the strategy. These include priority integrating projects and trans-border interconnection projects. "This document is a fundamental tool for putting in place medium and long-term community energy development strategy," he said.
  • Nigerian Minister of National for Power, Alhaji Mohammed Wakili

    CONGO KINSHASA, 2014/03/26 Towards conference its electricity needs, the Nigerian Government has signed a Memorandum of Considerate (MoU) to purchase power from the Democratic Republic of Congo (DRC), a country currently targeting at least 40,000 megawatts of electricity from its dams. Nigerian Minister of National for Power, Alhaji Mohammed Wakili, told an investors' conference, organized by the Transmission Company of Nigeria (TCN), in Abuja on Monday that some of the electricity to be bought from Congo would as well be exported to some neighbouring nations where Nigeria's transmission network expands to. The conference was organised to lure foreign investors to Nigeria’s transmission network.