Video guest: Josephine Mwangi

August 2017
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EDITO
Friday, 18 August 2017

AREVA signed a contract with South-African utility, Eskom to replace steam generators at the Koeberg nuclear power plant. Under the 4.3 billion rand order (approximately 300 million Euros), AREVA will design, manufacture and install six steam generators in the plant’s two reactors. The group will also provide associated engineering services. AREVA’s technological solutions can permit to increase the plant’s power yield by 10% and optimize its output. This confirms AREVA’s worldwide leadership in steam generator supply and Replacement and nuclear engineering services.

Tuesday, 16 September 2014

As part of the U.S. Africa Leaders Summit, earlier today, the Government of Sweden formally announced a commitment to catalyze investments of one billion dollars to President Barack Obama's Power Africa initiative. The commitment from Sweden represents, for example, grants for distribution and transmission projects, and guarantees and loans for Power Africa projects. Sweden's engagement and financial guarantees, along with those from the United States, will unlock additional private sector investment that is so critical for transforming the energy sector in Africa. Power Africa is helping provide electricity to millions of sub-Saharan Africans through an innovative U.S. Government development model which emphasizes the role of the private sector as well as from multilateral organizations and foreign governments.

The Development Bank of Southern Africa (DBSA) is pleased to announce that it signed with the European Investment Bank (EIB) a R1,4 billion finance contract to support the development of the  !Ka Xu 100 MW concentrated solar power in the Northern Cape, South Africa. The South African energy sector is faced with a number of challenges. And as the DBSA, we are encouraged by the EIB’s trust and confidence towards our investment strategy in supporting South Africa´s power generation infrastructure to improve the security of energy supply and optimise the energy mix which is much needed to accelerate the economic growth of South Africa.

Thursday, 07 August 2014

Today and tomorrow, European Commissioner for Development, Andris Piebalgs, and Ministers from 16 ACP (African, Caribbean and Pacific) countries will co-sign the first National Indicative Programmes under the 11th European Development Fund for the period 2014-2020 in Nairobi (Kenya). The signing ceremony will take place in the margins of the meeting of the Joint Council of Ministers of the African, Caribbean and Pacific countries and the EU, in Nairobi.

Friday, 20 June 2014

The EU has launched a rural electrification programme expected to benefit over two million people in the rural areas in sub-Sahara Africa. The €95 million funding will be used for 16 new energy projects in nine African countries.  The projects will include hydro, solar, wind and biomass solutions and provide sustainable access to energy to more than two million people. The projects are part of the EU’s last Energy Facility which focused specifically on enhancing access to modern, affordable and sustainable energy services for rural dwellers who are hit hard by poverty.

Tuesday, 10 June 2014

European Commissioner for Development, Andris Piebalgs, and New Zealand Foreign Minister, Murray McCully, will undertake a joint mission to the Pacific on 23-27 April to further strengthen development cooperation in that region. The visit will focus above all on renewable energy and energy efficiency projects, several of them co-financed by New Zealand and the EU in Samoa, Tuvalu, Kiribati (including Christmas Island) and the Cook Islands. Commissioner Piebalgs will also travel to Papua New Guinea from 28 – 30 April to discuss development challenges with members of the government and will launch two projects worth almost €60 million.

Wednesday, 23 April 2014

Creating growth and job opportunity in Africa is crucial as this continent, as well as other developing regions lack employment and income generation opportunities, combined with a fast-growing, young population. In many developing countries, the expansion of the private sector, notably micro-, small and medium-sized enterprises (MSMEs) is a powerful engine of economic growth and the main source of job creation. The private sector provides some 90 percent of jobs in developing countries, making it an essential partner in the fight against poverty.

The European Commission has today announced the results of the first call for proposals of an innovative programme for providing finance to bring electricity to the world's poorest citizens. This initiative also shows that the EU has been a leader in the campaign to provide Sustainable Energy for All.

Wednesday, 02 April 2014

Europe’s long-term lending institution, the European Investment Bank has agreed to provide EUR 200m (Ksh 23 billion) to support the Lake Turkana Wind Power project. The EUR 620 million (Ksh70 billion) scheme will transform supply of renewable energy in East Africa and benefit from additional financial support from the European Union, through the EU-Africa Infrastructure Trust Fund and a broad range of international investors.

Monday, 24 March 2014

The European Union says it is willing to provide BDS$100 million (One BDS dollar = US$0.50 cents) to Barbados in grant funding. A statement issued following talks between Barbados and EU delegations, noted that the funds would become available once certain macro-economic and public finance criteria were fully met. It said that BDS$65 million could become available to Barbados this year. The European Union last year released BBD$28 million for the Barbados Human Resource Development Programme, while another BBD$15 million was provided through the Barbados Renewable Energy Programme, all in the form of non-reimbursable grants.