Continental Focus, International Reach

Azura Power Invests in Tobene Power in Senegal

The 115-MW Tobene Power plant in Senegal, which was part of the Melec Power Gen (MPG) portfolio, now forms part of Azura Power’s pan-African power generation platform. The new investment in Tobene also brings together Actis, Azura Power’s majority shareholder, with Africa50. Actis and Africa50 are committed to work with stakeholders to complete the conversion […]

November 18, 2019 Read More

NNPC Secures $1.16 Million Grant For 1,350 MW Power Plant

The Nigerian National Petroleum Corporation (NNPC) and the United States Trade and Development Agency (USTDA) have concluded a deal that will see the pair sign a $1.16 million grant which will be used as partial funding for the NNPC-Abuja Independent Power Project (IPP). The plant, when complete, will generate 1,350 megawatts of electricity and contribute […]

November 18, 2019 Read More

Total Builds on Brulpadda Success to Herald New Era for South Africa

Total has made a gas condensate discovery on the Brulpadda prospects, located on Block 11B/12B in the Outeniqua Basin CAPE TOWN, South Africa, November 14, 2019/ — One of the most important discoveries of the year took place 1785km off the southern coast of South Africa where Total has made a gas condensate discovery on […]

November 15, 2019 Read More