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World Bank to Invest in African Hydroelectric Project

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AFRICANGLOBE - In a bellwether project for the World Bank’s new low-carbon energy policy, the development institution Tuesday said it will plow $340 million into a new hydroelectric project for three central African nations.

Deal With Ethiopia Signals Cheaper Power for Kenya

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AFRICANGLOBE - Lower energy costs are on the horizon for Kenyan consumers, after the government secured a Sh37.5 billion ($441 million) credit agreement to...

Ivory Coast to Build Massive Hydro-Power Station Withe Chinese Loan

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The Ivory Coast will see construction of a 275 megawatt hydro-power plant, funded by China’s Export-Import Bank (Exim), begin by the end of 2012 in...
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