By Chibuzor Emejor Abuja — Petroleum Equalisation Fund[PEF]has revealed that it saved more than $ 2billion through “Project Aquila”, which is a high-tech electronic loading and delivery system introduced by PEF to check leakages in the system as well as enthrone transparency and due process. The agency’s outgoing Executive Secretary, Mrs. Adefunke Kasali, disclosed this […]
Tag Archives: Project
By Abdoulie Nyockeh The Gambia Chamber of Commerce and Industry (GCCI) in partnership with GEF/UNIDO 4 Project, Wednesday convened a daylong forum on the theme: “Supporting sustainable small and medium enterprises through renewable energy.” The GEF/UNIDO 4Project would continue to promote the scaling up of investment in renewable energy through promotion and awareness raising activities, […]
By Morrison O.g Sayon The completion of the much-publicized Mount Coffee Hydro Power Project has been extended to next year as disclosed by President Ellen Johnson-Sirleaf. President Sirleaf has attributed the extension of the project to the spread of the deadly Ebola virus that has claimed over thousands of lives in Liberia. Earlier, the Government […]
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Imperative of sustaining the Nigeria LNG project 26 September 2012 As you may be aware, I devoted almost two decades to the work of establishment of LNG business in Nigeria. And it nearly happened: the first time was in the 1960s and the second in the 1970s. Indeed, we would have signed an agreement […]
By Rose Athumani ZAMBIA, Tanzania and Kenya will soon enjoy reduced electricity costs following the envisaged completion of the ZTK interconnection power project. Three energy ministers from Zambia, Tanzania and Kenya signed a Cooperation Agreement in Dar es Salaam on Tuesday, binding their respective countries to the implementation of the power project which will also […]
The Director General of the National Industrial Research and Development Agency (NIRDA), Dr. Jean Baptiste Nduwayezu, has said that the project is ready to resume its activities of producing biodiesel fuel that is environmental friendly. Dr. Nduwayezu is one of the founders of the project which was initiated by the former Institute of Scientific and […]
The World Bank’s Board of Executive Directors today approved US$ 50 million for the Government of Kenya to strengthen its capacity to manage the oil and gas sector and the distribution of its revenues to create sustainable growth across all areas of the country’s economy. With the recent discovery of oil, the International Development Association […]
The United States Embassy in Monrovia has disclosed that the hydro power plant project in Suakoko, Bong County, remains on course. Recently, this paper reported that USAID has withdrawn support from the construction of a one megawatt hydro project in Bong County. However, U.S. Ambassador Deborah Malac clarified that USAID is still committed to provide […]
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 […]
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 […]
