INTELLIGENT BRANDS // GREEN TECHNOLOGY
Highlights from Power Africa at
Africa Energy Forum
At the 2017 Africa Energy Forum, the Honourable Minister Irene Muloni, Minister of Energy and Minerals Development of Uganda,
meets with the Power Africa Coordinator’s office.
From left to right: Taylor Ruggles, Dr Kate Steel, Hon Minister Irene Muloni, Lauren Venanzo and Power Africa Coordinator
Andrew Herscowitz
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ower Africa attended the Africa
Energy Forum (AEF), which took
place between 7-9 June, to further
advance its goal to increase energy
access and power generation in sub-
Saharan Africa. Through grant signings,
facilitated events and targeted meetings
with government and private sector
partners, Power Africa plans to further
increase the number of transactions that
have reached financial close. Currently,
the 76 projects that have reached this
status are expected to generate over
7,107 megawatts (MW) since the
initiative’s 2013 launch. look forward to using the momentum
from AEF to continue to transform the
energy sector in Africa in 2017,”
stated Power Africa Coordinator,
Andrew Herscowitz.
“Power Africa and its partners have
added 10.6 million connections, which
means tens of millions of people have
access to power who did not four years
ago before we were established. We •
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Partners making advances
in competitive procurements
across sub-Saharan Africa
since March:
•
Key highlights from Power Africa’s
engagement at AEF include:
Power Africa transactions
reaching financial close or
operations since March:
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Uganda: Hydro – Achwa 2
Hydropower Project: 42 MW
Tanzania: Hydro – Rusumo
Hydropower Project: 80 MW
Uganda: Hydro – Muvumbe
Hydropower Project: 6.5 MW
Malawi: Solar PV ESCOM
Prequalified Bidder: JCM Capital
Zambia: IFC Scaling Solar Round I:
Enel signed a PPA at a record low
$0.0784/kWh
Zambia: IFC Scaling Solar Round II
Prequalified Bidders: Access Power,
Ltd., Enel and Globaleq
New Power Africa Partners
•
Actis is a leading investor in growth
markets with over US$13bn raised
since inception and a growing
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