Category: Middle East & Africa Deal Watch

OPEC Fund to finance Tanzania’s transmission line

The OPEC Fund for International Development [a development finance institution established by the Organisation of the Petroleum Exporting Countries (OPEC)] and partners have committed to provide a loan of USD60 million for the...

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Angola obtains EUR1.29 billion power loan

The Ministry of Finance in Angola has secured a loan of EUR1.29 billion from Standard Chartered Bank, UK, to implement 48 solar photovoltaic (PV) and energy storage mini-grids as well as grid expansion. The aim is to provide...

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Kenya Power to sell transmission lines to KETRACO

Kenya Power, the country’s power utility that owns and operates most of the country’s transmission and distribution system, is expected to sell its transmission lines to the state-owned Kenya Electricity Transmission Company...

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