Nigeria: 188 MW Aba Integrated Gas-to-Power Project gets $50m boost from Afreximbank


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Last week during the second Intra-African Trade Fair in Durban, the African Export-Import Bank (Afreximbank) signed a $50m term loan facility with Geometric Power Limited for its Aba Integrated Power Project in Nigeria. The facility will notably help finance the initial capital required to acquire rights to the Aba Ring Fenced Area within which electricity […]

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The U.S. commits $550m to boost Senegal’s electricity sector


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On September 9, the U.S. Government’s Millennium Challenge Corporation (MCC) officially launched the $550 million MCC–Senegal Power Compact in Dakar. The five-year partnership had been signed since 2018 and will be completed by an additional $50 million commitment from the Government of Senegal. Investments will be made specifically in the strengthening of electricity networks in […]

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