Lights out: poor governance and Africa's energy crisis

A street vendor sells her wares by the light of a kerosene wick lamp in Lagos, Nigeria Thursday March 1, 2007. Nigeria claims ownership of one of the world's great energy reserves, but corruption and mismanagement leave Africa's oil giant chronically short of electricity. SUNDAY ALAMBA/AP/SIPA.

A street vendor sells her wares by the light of a kerosene wick lamp in Lagos, Nigeria. Nigeria claims ownership of one of the world's great energy reserves, but corruption and mismanagement leave Africa's oil giant chronically short of electricity. SUNDAY ALABAMA/AP/SIPA.

By: Max Bankole Jarrett

Africa is rich in resources and opportunities. In so many fields, however, the continent is yet to hit its stride, often because there is not enough political will to manage resources better and create necessary incentives. Africa's energy crisis is a prime example.

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Energy: Tanzania's President Magufuli orders officials to speed up LNG project

Tanzania's President John Magafuli. Photo©ReutersTanzanian president John Magufuli ordered officials on Monday to speed up long-delayed work on a planned liquefied natural gas (LNG) plant, saying implementation of the project had taken too long.

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South Africa's Eskom says power supply steady despite strike

Photo©Siphiwe Sibeko/AP/SIPASouth Africa's state-run power utility Eskom said on Thursday that electricity supplies were unaffected despite a nationwide pay strike, and that it was holding wage talks with unions mediated by labour authorities.

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Energy: Nigeria slump hits $1bn Transcorp power investment

File photo©Andy Wong/AP/SIPANigeria's investment conglomerate Transnational Corp. has shelved plans to build a $1bn gas-fired power plant blaming fuel shortages and a lack of finance caused by the country's economic downturn.

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Zimbabwe regulator turns down power tariff hike request

Charlie Riedel/AP/SIPAZimbabwe's energy regulator has turned down an application by the state-run power distributor to raise electricity tariffs by nearly 50 percent because it would hurt a struggling economy, it said on Thursday.

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Cote d'Ivoire to begin construction of two power plants by 2017, supply Guinea and Sierra Leone

Photo©Charlie Riedel/AP/SIPAIvory Coast will start building a gas-fired power station near its commercial capital Abidjan later this year with work on a second plant due to start by 2017 at the latest, a government official said on Thursday.

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Energy: Cameroon's $1 billion hydroelectric dam expected by 2020

File Photo©Charlie Riedel/AP/SIPAA $1 billion hydroelectric dam planned for Cameroon's Nachtigal River will be ready by 2020, adding over 30 percent to the country's hydropower capacity, the minister of water and energy said on Thursday.

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Ghana power utility clamps down on debtors, illegal connections

File Photo©ReutersGhana's main electricity distributor has started disconnecting power to thousands of people and institutions that were connected to the grid illegally as at seeks to recover millions of dollars lost through illegal connections and from other debtors.

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Energy investments: Africa-focused funds fuse $3.3 bn electric power assets

File photo©Ferdinand Ostrop/AP/SIPATwo Africa-focused funds have created a new energy joint venture capable of generating 1,575 megawatts (MW) of electricity in at least 10 countries by merging assets totalling $3.3 billion.

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We're tired of being in the dark - Akinwumi Adesina, AfDB President

AfDB head, Akinwumi Adesina. Photo©Vincent Fournier for TARAfDB president Adesina wants to use the bank to de-risk investments in electricity and agriculture and so help transform the continent's economies.

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Botswana sees additional 820 MW of power by 2020

ReutersBotswana is looking to add up to 820MW of power into the national grid from both coal and solar powered plants by 2020, leaving it a surplus for exports, Minerals and Energy Minister Kitso Mokaila said on Tuesday.

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Ethiopia to pay U.S. fine over Hydro-electric dam bonds

Construction work takes place Friday, June 28, 2013, at the site of the planned Grand Ethiopian Renaissance Dam. Photo©Elias Asmare/AP/SIPAState-owned Ethiopian Electric Power Corporation (EEPC) is going to pay close to $6.5m as a result of US charges that it incorrectly sold bonds to residents of the US to finance the Grand Ethiopian Renaissance Dam.

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Investment: Saudi power firm ACWA eyes South African projects despite currency concerns

Photo©ReutersSaudi-based ACWA Power expects to win further business in South Africa this year as the power plant developer rides out concerns about the country's currency to tap into its need for more electricity.

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Energy: Zambia shortlists bidders to build solar plants

Photo©AP/SIPAZambia has shortlisted bidders to build two large-scale 50 megawatt (MW) solar power generation plants as the nation battles a power deficit which threatens industrial output.

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Tanzania to invest $1.9 bn every year in energy projects by 2025

Photo©Charlie Riedel/AP/SIPATanzania plans to invest $1.9 billion each year by 2025 in energy projects in a bid to end power shortages and boost industrial growth in East Africa's second-biggest economy, its prime minister said.

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Zambia: Electricity generation problems to be resolved in 3 years

Zambia's President Edgar Lungu. Photo©Philippe Wojazer/AP/SIPAThe drought-induced power generation problems that have hit Zambia will only be resolved in three years, President Edgar Lungu said on Tuesday.

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Energy: Congo to select developer for Inga 3 hydropower plant by October

File photo©Cheng Min/AP/SIPADemocratic Republic of Congo will decide by October between a Chinese and Spanish consortium to develop the long-delayed Inga 3 hydroelectric project with construction expected to begin the following June, a government official said on Tuesday.

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Cote d'Ivoire: President seeks to end monopolies in utilities sector

President Alassane Ouattara. Photo©Lionel Cironneau/AP/SIPACote d'Ivoire will break up its long-standing electricity and water monopolies and introduce competition to reduce prices amid growing public concern over price increases, President Alassane Ouattara said.

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Electricity: Botswana to appoint two South Korean firms to further expand power plant

Photo©ReutersTwo South Korean firms could be picked to expand Botswana's Morupule B power station by 300 megawatt (MW) in a bid by the southern African nation to ease power shortages, the energy minister said on Friday.

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Electricity: Zimbabwe's energy project bears fruit as customer habits change

File Photo©ReutersZimbabwe's power utility, Zesa has said its pre-paid meter installation project is now bearing fruit as it has saved close to 110MW of electricity.

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