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October 2017
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Sunday, 22 October 2017

Following the recent hurricane season and the experienced damage in the Caribbean, France has decided to move forward with stronger support for the geothermal project in St. Kitts, as reported by the Caribbean News Service. In a meeting this past weekend, Prime Minister Dr. Timothy Harris and Ian Liburd, Minister for Public Infrastructure held bilateral meetings with the Ambassador of France to St. Kitts and Nevis. The meeting was also attended by French Foreign Trade Advisor, Jacques Chouraki, also the President of Teranov Geothermal Energy. The company has been working on establishing the geothermal potential on St. Kitts together with the government. In its studies on the potential, it is estimated that at least 18 to 36 MW of geothermal power generation capacity could be developed on the island

Monday, 16 October 2017

The Ministry of Energy and Energy Industries has partnered with the European Union in the development of a sustainable energy implementation plan for Trinidad and Tobago. The plan was prepared by the EU Technical Assistance Facility and presented to parliamentary secretary Nicole Olivierre yesterday during a ceremony at the International Waterfront Centre, Port of Spain. Olivierre said the plan was a significant milestone that provides a workable solution to transitioning the country’s fossil fuel-based energy system to one that is diversified and sustainable. “In light of the many changes in the local and international energy sphere, we are obligated to take appropriate steps to transition our energy systems,” she said.

Monday, 02 October 2017

GreenWish Partners (‘GreenWish’), an independent renewable energy producer in Africa, has announced the signature of a partnership with Orange to implement the energy transition of its telecommunications towers in the Democratic Republic of Congo. This partnership will see GreenWish and its operating partner Sagemcom deploy hybrid solar power generation solutions that combine solar energy, battery and diesel in support of greater energy efficiency. This first tranche of 250 telecom towers across the whole of the DR Congo marks the launch of a new electricity supply model for Orange in the country. This model, known as ESCO (Energy Services Company), has already been launched in India and the United States.

Friday, 08 September 2017

Britain has expressed its readiness to invest in pipeline infrastructure, renewable energy, gas and power of the Nigerian Oil and Gas Industry. British High Commissioner, Mr. Paul Arkwright, made this promise when the group general manager, Group Public Affairs of the Nigerian National Petroleum Corporation (NNPC) Mr. Ndu Ughamadu, visited the Chancery of British High Commission in Abuja.Mr. Arkwright noted that the British Government had genuine investment interest in the Downstream, Midstream and Upstream sectors, stressing that the British Department for International Trade was ready to liaise with the Federal Government to invest in the country.

Monday, 24 July 2017

Two agreements, namely on the establishment of the France Development Agency (AFD) in Angola and another one relating to the financing of water projects, were signed last Friday, in Luanda. The first agreement was signed by the Finance minister, Archer Mangueira, and by the French ambassador, Silvain Itté. This agreement is aimed at enabling the AFD to officially in Angola and work in financing projects linked to the areas of waters, energy and agriculture. The second agreement was signed by minister Archer Mangueira and the resident representative of the World Bank in Angola, Clara de Sousa, as well as the director of the France Development Agency (AFD), Martha Stein- Scochas.

Wednesday, 19 July 2017

The European Union (EU) says it has so far committed over 700 million euros for the development of sustainable energy in Nigeria and other ECOWAS countries from 2014 to 2020. The Head of Cooperation, EU delegation to Nigeria and ECOWAS, Mr Kurt Cornelis, said this in Abuja on Monday at a workshop on policy and regulation for clean energy mini-grids and renewable energy in ECOWAS region. Cornelis said access to electricity and promotion of sustainable energy solutions were at the core of EU’s cooperation with the region, hence the provision of the grants to ECOWAS countries.

Tuesday, 18 July 2017

When it fully takes off, the newly-approved Nigeria Office for Trade Negotiation (NOTN) is to advise the federal government on how best to go about resolving the contentious Economic Partnership Agreement (EPA), the Minister of Industry, Trade and Investment, Dr. Okechukwu Enelamah has said. The Federal Executive Council (FEC) recently approved the establishment of NOTN to act as the pivot for the negotiation of bilateral and multilateral trade agreements between Nigeria and other countries and agencies. The EPA, which is a response to continuing criticism that the non-reciprocal and discriminating preferential trade agreements offered by the European Union (EU) are incompatible with World Trade Organisation (WTO) to rules, is a scheme to create a free trade area (FTA) between the EU and the African, Caribbean and Pacific Group of States (ACP), but has been mired in controversy.

Monday, 12 June 2017

In his bullish drive for investment, Governor Ben Ayade of Cross River State, Monday, signed a partnership agreement with his counterpart in Shaanxi Province in China, Hu Heping, to bolster the injection of capital for business in the state. The agreement will allow Chinese businessmen pump the much desired capital into the Calabar Carnival, Power, and Solid Minerals sectors of the state. Ayade said after the signing of the agreement that "It is the enormous opportunities that this fund avails Africa that Cross River State wants to tap into. We have the assurances of the Governor and the people of Shaanxi that the favourable business climate in Cross River State will be utilised by Shaanxi." The China-Africa Development Fund, CAD Fund, in May 2016, signed a cooperation agreement with the Shaanxi Government in the capital Xi'an, the first of its kind with a provincial-level partner that aims to boost more investment in the African market.

Thursday, 08 June 2017

The Group of Seven (G7) leaders has in its 'Taormina Communiqué' underscored that "Africa’s security, stability and sustainable development are high priorities". But it has yet to respond to UN Secretary-General António Guterres' specific call for the need to invest in young people, with stronger investment in technology and relevant education and capacity building in Africa. The two-day G7 summit in Italy, in which the leaders of six other industrial nations – Britain, Canada, France, Germany, Japan and the U.S. also took part, concluded on May 27 in Taormina, a hilltop town on the east coast of Sicily, Italy.

Monday, 29 May 2017

The European Union, through the Energy for Growth and Sustainable Development programme, has given Tanzania €180 million ($200 million) to develop its energy sector. The bloc, working with the German Development Bank (KfW) and the French Agency for Development (AFD), is funding a €42 million ($47 million) electrification project in northwestern Tanzania, covering the Kagera, Geita and Kigoma Regions. The head of the EU delegation in Tanzania, Roeland Van de Geer, said that reliable energy is key to poverty reduction and pledged more support to make energy available across Tanzania.

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