By Paul Fauvet Maputo — The Indian government on Wednesday gave its approval for the signing of a Memorandum of Understanding (MoU) between India and Mozambique for cooperation in the oil and gas sector. Meeting in the Indian capital, New Delhi, the Cabinet was chaired by Prime Minister Shri Narendra Modi. A government statement explained […]
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The African Development Bank has approved a US$ 142-million loan to help fund the construction of a $ 908-million, 100-megawatt (MW) concentrating solar power plant in the Northern Cape – the bank’s first loan for a renewable energy project by an independent power producer in South Africa. A consortium led by Spanish company Abengoa was […]
Maputo — The Mozambican government on Tuesday approved its Natural Gas Master Plan, which aims at maximizing the benefits that the country can gain from this natural resource. After the document had been approved at the weekly meeting of the Council of Ministers (Cabinet), the Minister of Mineral Resources, Esperanca Bias, told reporters “this is […]
The World Bank’s board of directors, based in Washington DC, US, has approved two hundred million dollars of credit for the Ethiopian government to develop its potential geothermal sites at Aluto and Alalobad, in the rift valley of Afar Regional State, on Thursday, May 29, 2014. The loan will be financed by the International Development […]
