R/€ = 15.97 Change: 0.00
R/$ = 14.07 Change: 0.05
Au 1339.44 $/oz Change: 16.39
Pt 820.14 $/oz Change: 15.04


Renewable energy industry comments on draft IRP

By: Kim Cloete     17th October 2018 The renewable energy sector in South Africa has welcomed the draft Integrated Resource Plant (IRP) 2018, but has also expressed concerns. “While the IRP forecasting is rational in its choices, it unfortunately requires us to accept some overly optimistic assumptions,” said the South African... 

Wits Business School Addresses the Energy Sector Skills Shortage

By: Creamer Media Reporter      15th October 2018 The energy landscape in Africa is changing dramatically.  Opportunities abound for investments, partnerships and other initiatives in the sector, particularly in oil and gas and renewable energy. The World Bank's Africa Energy project portfolio currently carries 48 projects totalling US$3... 

Rusoro accepts Venezuela settlement proposal

By: Mariaan Webb     12th October 2018 Mining junior Rusoro, which has won a major victory in its international arbitration complaint against Venezuela, has agreed on the terms of a settlement proposal with the South American nation’s government. Rusoro said that Venezuela would pay more than $1.28-billion to acquire the company’s... 

Lesotho Metolong dam achieves full capacity

12th October 2018 The new $100-million Metolong dam in Lesotho has achieved a significant project success this year, with the dam spilling for the first time since its completion in 2016. Spilling occurs when the dam is at full capacity, and the dam’s spillway – meant to direct excess water downstream during flood... 

Major engineering milestone as Lesotho dam achieves full capacity

By: Creamer Media Reporter      23rd August 2018 The new $100-million Metolong Dam in Lesotho has achieved a significant project success this year, with the dam spilling for the first time since its completion in 2016. Spilling occurs when the dam is at full capacity, and the dam’s spillway – meant to direct excess water downstream during... 

Engineering milestone as $100m Lesotho dam achieves full capacity

By: Anine Kilian     22nd August 2018 The new $100-million Metolong dam, in Lesotho, has achieved a significant project success this year, with the dam spilling for the first time since its completion in 2016.  Spilling occurs when the dam is at full capacity, and the dam’s spillway – meant to direct excess water downstream during... 

Cable theft stunts connectivity availability

By: Paige Müller     13th July 2018 South Africa’s cable-theft pandemic has made the prospect of a copper-based fixed digital subscriber line (DSL) infrastructure framework unachievable for the country’s Internet service providers (ISPs), says international wireless connectivity provider RADWIN. RADWIN sales director Nick Ehrke... 

World Bank approves $2.1bn loans for Nigerian projects

By: Reuters     29th June 2018 The World Bank said on Thursday it had approved a total of $2.1-billion in concessionary loans to fund projects in Nigeria aimed at improving access to electricity and promoting governance. The projects approved by the International Development Association (IDA), the bank's low-interest arm, are... 

Edenville, Sinohydro extend MoU to December 2019

By: Marleny Arnoldi     25th June 2018 Energy commodity developer Edenville Energy has extended the validity of its memorandum of understanding (MoU) with hydropower engineering company Sinohydro Corporation of China, over the Rukwa coal project, in south-west Tanzania, to December 2019.  

Poor people most vulnerable to climate change – economist

By: African News Agency      21st June 2018 An estimated 20-million people will be pushed into poverty because of climate change in 2030, which may possibly rocket to more than 100-million people if speedy social developments are not conducted, an economist said on Wednesday. “We estimated that 20-million people will be pushed into poverty... 

Tè Power starts construction on $121m Guinea IPP project

By: Marleny Arnoldi     28th March 2018 Guinea-based special purpose company Tè Power Company, which is sponsored by Africa-focused energy project developer Endeavour Energy, has reached financial close and started construction on the $121-million Tè Power Plant project – a 50 MW greenfield thermal power plant in Conakry, Guinea.  

Kariba dam rehabilitation project, Zambia

13th March 2015 The World Bank, the European Union, the African Development Bank and the government of Sweden have agreed to provide Zimbabwe and Zambia with $294-million for the repair of the Kariba dam wall. 

Jiji-Mulembwe hydropower project, Burundi

By: Sheila Barradas     30th May 2014 The project involves the construction of two hydrostations with a combined 48 MW capacity. 

Grand Inga hydropower project, Democratic Republic of Congo

28th March 2014 The World Bank's board has approved a $73-million grant to help the Democratic Republic of Congo develop an expansion of the Inga hydroelectric dam. 

“The World Bank’s Thirsty Energy initiative: Will water constrain our energy future?”

24th March 2014 Exclusive interview with Diego J. Rodriguez, Senior Economist, Water Unit, The World Bank.  Diego is a panelist in the Water-Energy-Food nexus panel dialogue during the water track at the upcoming African Utility Week in Cape Town on 13 May.  He will unpack The World Bank’s global initiative:... 

Helwan South power plant project, Egypt

By: Sheila Barradas     27th September 2013 The project comprises two components – the Helwan south power plant and the gas pipelines. 

In 2010, The World Bank lent Eskom 3.75 billion dollars to build the Medupi power station

By: Creamer Media Reporter      16th September 2013 Some of the material conditions under which the loan was granted were that Medupi would install Flu-gas Desulfurization and that Eskom would meet South Africa's air quality emissions standards and legislation. Both conditions were touted as being some of the advantages of Medupi: it would be a... 

Rusumo Falls hydroelectric project, Burundi, Rwanda and Tanzania

By: Sheila Barradas     6th September 2013 The aim of the 80 MW Rusumo Falls hydroelectric project is to increase the supply of electricity to the national grids of Burundi, Rwanda and Tanzania. 

Logistics skills gaps undermining SA’s competitiveness

14th June 2013 The supply chain skills gap has increased significantly and is negatively impacting on the competitiveness of the South African economy, says University of Johannesburg researchers Rose Luke and Gert Heyns in the 2012 Supply Chain Skills Gap Survey. 

Venezuela mining outlook grim

By: Joachim Bamrud     21st November 2012 The mining sector in Venezuela is expected to continue declining as a result of minimal private participation after the government nationalised gold mining and discouraged other private mining, industry officials say. “There’s no major private mining company today,” says Luis Alejandro Rojas... 

Giza North power project, Egypt

By: Sheila Barradas     30th March 2012 The project involves the construction of a 1 500 MW combined-cycle gas turbine power plant, at Giza north, near Cairo. 


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