Access Power, FMO Launch Second Edition Of Solar 'Shark Tank' Competition

FMO, the Dutch development bank, and Access Power, a leading developer, owner and operator of power projects in emerging markets, announced the launch of the 2018 FMO Access Power Solar 'Shark Tank' Competition following the competition's successful first installment in 2016 at the 'Making Solar Bankable' conference. The initiative is aimed at helping local solar power developers that require development support to make their innovative solar projects more impactful.In order to be considered for the grant, the proposed projects must be located in Asia, Africa or Latin America and be based on solar PV technology. They should also meet the capacity criterion of 10MW or more, and be at an advanced stage of development (preliminary feasibility studies should have been completed). Furthermore, eligible projects should have an innovative or impactful angle to the project that can be developed with support of the grant. Proposals will be screened and scored by…

GE's Hardware And Digital Upgrades Help Increase Efficiency At Azito Power Plant In Ivory Coast

To improve performance and provide valuable insights and visibility into plant and turbine operations, GE's Power Services announced it has signed an agreement with Azito Energie S.A. to upgrade two gas turbines at the company's combined-cycle power plant. GE's hardware upgrade and Operations Optimization digital solutions will help increase power output by up to 30 megawatts (MW) and will equip Azito with the insights it needs to increase efficiency and improve operations at the power plant. The project, located in the Yopougon district of Ivory Coast, marks GE's first GT13E2 MXL2 gas turbine upgrade order in Sub-Saharan Africa. "As the electricity sector has undergone significant reform in Ivory Coast, new regulations have helped foster a more welcoming environment to help Ivorians gain access to electricity," said Luc Aye, managing director of Azito Energie. "At the center of this agreement with GE is our commitment to provide the people of Ivory…

King Mohammed VI of Morocco Lends Hand To Gas Summit

On November 29 to 1 December 2017, Under the High Patronage of His Majesty King Mohammed VI of Morocco, The 'Gas Options North and West Africa Summit' and The 'Africa Renewable Energy Forum' will assemble some of the most active national and international public and private stakeholders to forge partnerships, finalise deals and glean the most important developments taking place in Africa's energy and power sector. Travelling to Casablanca to join these high-level discussions, the Forums have confirmed the participation of 5 Ministers of Energy including: Honourable Aziz Rabbah, Minister of Energy, Mines and Sustainable Development, Government of the Kingdom of Morocco H.E. Honourable, Patrick Eyogo Edzang, Minister of Water and Energy, Gabon H.E. Honourable Minister Maliki Alhousseini, Minister of Energy and Water, Mali H.E. Honourable Jorge Seguro Sanches, Secretary of State for Energy, Portugal Hon. William Owuraku Aidoo, Deputy Minister for Power, Ministry of Energy, Ghana H.E. Honourable Senator…

Bunyoro Kingdom Tips Subjects On Land Use

By Busiinge George The Prime Minister of Bunyoro Kitara Kingdom Rt Hon Norman Lukumu has asked people in Bunyoro region to use their land productively in order to benefit from oil and gas that was discovered in their region. He was speaking at the 70th birthday celebrations of the speaker of Bunyoro Kitara Kingdom parliament Rt Hon Jos Wamara in Ntoma village, Masindi district yesterday. Lukumu said leaving chunks of unutilized land increases chances of land being encroached on by rich people now that they know the region has oil and gas. He called for hard work, coexistence, teamwork among the people of Bunyoro so that oil and gas don’t become a curse but a blessing to people of Bunyoro . He described Wamara as a honest, assertive and hardworking person who should be emulated and is ready to benefit from oil and gas industry here in Bunyoro because he…

How Uganda’s Oil Is Detrimental To Efforts On Climate Change

By Samuel Okulony On Monday November 6, 2017, an important event for all humanity commenced in Bonn, Germany. The 23rd Confederation of Parties (COP 23), which will end on November 17, 2017, got underway with the objective of “advanc[ing] the aims and ambitions of the Paris Agreement”. The Paris Agreement, which has been ratified by 169 countries including Uganda, aims at mitigating climate change through keeping global temperature rises below 2 degrees Celsius and through enabling countries to adapt to climate change. Between November 12 and 17, 2017, three of the four civil society organisations implementing the Shared Resources, Joint Solutions Programme in Uganda will participate in the COP 23. Africa Institute for Energy Governance (AFIEGO), which I work for, will be one of these organisations. Others include National Association of Professional Environmentalists and the Environmental Conservation Trust of Uganda. Our key message at the event will centre on what…

Africa Unites To Attach Investment At Africa Oil Week

The African oil industry met this week to discuss the potential, but also the challenges, that the industry faces as the continent moves towards the commercialisation of its huge gas and oil reserves. Six of Africa's oil ministers from Cote d'Ivoire, Namibia, Nigeria, Ghana, Mali, South Africa attended, including US Secretary for Energy Rick Perry. The event drew speakers from the highest echelons of government, operators, service providers, legal, advisory and research firms. The key themes discussed were the development of the continents' oil and gas resources, with a focus on exploration, regulatory frameworks and governance. Identifying the way forward for the industry was a strong theme, as Africa competes for investment capital. The African continent accounts for 16% of active offshore fields and 70% of offshore fields, these are either under development or represent potential developments. It was agreed that there are big opportunities to use Africa's substantial gas…

Dubai Chamber Set To Host Global Business Forum On Africa

The Dubai Chamber of Commerce and Industry has announced the list of sponsors and supporting partners for the fourth Global Business Forum on Africa, which will be hosted on November 1-2, 2017, in Dubai’s Madinat Jumeirah. Held under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, Ruler of Dubai, this year’s Forum bears the theme “Next Generation Africa” and has received considerable support from major companies and institutions in the UAE and abroad. The Forum lends itself across diverse topics and in-depth debates to find sustainable solutions, explore financing opportunities, encourage investment partnerships and explore growth prospects and challenges. The list of sponsors and partners includes: Dubai Islamic Bank (DIB) as gold sponsor, and Standard Bank – South Africa, Invest Africa and Hamdan Bin Mohammed Bin Rashid Al Maktoum International Photographic Award (HIPA) as supporting partners. Dubai Media Incorporated…

Social Media Misuse Affecting Development - Minister Karubanga

The State Minister for Public Service, David Karubanga, has said that the continued misuse of social media platforms by youth in the country is affecting the county’s productivity and development. Karubanga who is also Member of Parliament for Kigorobya County in Hoima district explained that the youth are found of spending most of their time on social media platforms other than engaging in productive work. He argued that while the Internet can be a good source of information, some people misuse it for posting and viewing pornographic materials, abusing leaders, misinforming the public, cyber offences among others which do not add any value. Officiating the district independence day celebrations at Hoima Booma grounds yesterday, Karubanga says the vice is holding the country back since the youth who form about 75 percent of the country’s population spend most of their time in unproductive work. He said government has initiated many projects…

General Electric Discuss Oil Refinery With Museveni

President Yoweri Museveni held a meeting with the leadership of General Electric (GE) consortium, a statement and pictures released statehouse in Entebbe confirmed. The brief stated said GE exhibited ‘commitment to long-term cooperation with Uganda to construct an oil refinery in the country.’ The Vice-President and Chief Executive Officer of General Electric Oil and Gas in Sub-Sahara Africa, Mr. Ado Oseragbaje, led the consortium delegation. They were selected by ministry of energy to build a refinery in Hoima, western Uganda. The consortium comprises General Electric (GE), YAATRA Ventures LLC, Intra-Continent Asset Holdings Ltd (IA) and Saipem SpA. Their major roles as partners involve Engineering, Procurement and Construction. President Museveni told the meeting that Uganda is committed to the establishment of an oil refinery project that is cost effective, technologically sound and profitable to both the Government of Uganda and capital market investors; leading to the creation of job for the…

Kosmos Energy Acquires Hess Corp. Assets In Equatorial Guinea

US oil company Hess Corporation will give up its 85-percent stake in the producing Ceiba and Okume oilfields offshore Rio Muni, Equatorial Guinea. Kosmos Energy will acquire the assets from Hess; existing investors Tullow Oil and GEPetrol will enter partnership with the new operator. With the purchase of Ceiba and Okume and its entry as an explorer into Block EG-21, Block S and Block W, Kosmos is now a large acreage holder in the Rio Muni basin. The assets of Hess Corporation in Equatorial Guinea will be acquired by Kosmos Energy, the Ministry of Mines and Hydrocarbons has announced. The landmark sale transfers majority ownership and operatorship of two legacy oil producing areas in the Rio Muni basin, Ceiba and Okume, to Kosmos. Hess' exit from Equatorial Guinea comes after nearly two decades of operations at the Ceiba field and Okume complex, which began producing in 2000 and 2006, respectively.…
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