Thermal Power
Opinion: Nigeria’s industry is rising to the twin challenge of decarbonisation and energy security
by Wale Yusuff, Managing Director of Wärtsilä in Nigeria Wale Yusuff, the Managing Director of Wärtsilä in Nigeria, explains how businesses operating in energy-intensive industries like cement or steel are investing in flexible engine technologies to secure reliable and efficient power while also setting the perfect stage to make good on their decarbonisation objectives. Nigeria […]
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Nigeria: 188 MW Aba Integrated Gas-to-Power Project gets $50m boost from Afreximbank
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
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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