AGP Executive Report
Last update: 3 hours agoAfrica Energy Finance: Afreximbank and APPO have formally launched the $5 billion Africa Energy Bank in Abuja, appointing Helmy Ghazi as its first president. The lender aims to help close an estimated $200 billion energy investment gap and fund projects across the energy chain. Nuclear Plans: Ghana says Russia will support work toward a proposed 2,000MW nuclear plant, while Moscow is also discussing floating nuclear stations with several African countries. South Africa’s Power Grid: Minister Kgosientsho Ramokgopa says planning is advancing to transfer Eskom’s transmission assets to an independent operator, with restructuring costs estimated at R80 billion to R130 billion. Renewables and Investment: Tanzania is opening its energy sector to more private investment, while Solarcentury Africa plans a 112MWp solar project in Zambia.**
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