ABIDJAN, Ivory Coast, November 30, 2017/APO Group/ --

EnergyNet (www.EnergyNet.co.uk) will host the second Regional Energy Co-operation Summit in Côte d’Ivoire from 24-25 January 2018 - a strategic platform for project evolution and partnership development. The conference will discuss opportunities for cross-border power projects and potential gas investments across West Africa.

At the first Regional Energy Co-operation Summit (www.Regional-Energy-Cooperation-Summit.com) in January 2017, His Excellency Thierry Tanoh, Minister of Petroleum, Energy and Renewable Energies summed up the relevance of the summit with his statement; "[t]he importance of the theme (Regional Energy Cooperation Summit) is well established in the light of the needs of African countries in terms of access to different energy sources, including renewable energies".

The 2018 Summit will review outcomes from last year’s meeting, identifying next steps and bringing together ECOWAS decision-makers and global energy investors to advance regional partnerships and interconnection projects.

Programme Manager Valeria Aruffo commented; "Given the abundant reserves from many West African gas fields which will firstly be harnessed for power and domestic use, the summit will instigate the conversation surrounding the sub-region’s booming global gas market. We’ll focus on export and import capacities, balancing domestic obligation and regional trade, and of course the role of LNG in facilitating gas development in the sub-region."

With the overarching theme of regional integration in West Africa, the summit will gather ECOWAS energy ministers and government representatives, heads of utilities, regulators, power developers, technology providers, financiers and multilateral agencies from across West Africa to discuss how to unlock investments for the development of power projects.

Alongside partners ENGIE, Manitoba Hydro, Metka, Wartsila & Berwin Leighton Paisner (BLP), the Summit is officially endorsed by Ghana Grid Company (GRIDCo), ANER, Energy Commission Ghana and the Electricity Company of Ghana

Read more: Energy Summit in Abidjan to explore West...

ABIDJAN, Ivory Coast, January 10, 2018/APO Group/ --

With confirmed participation of H.E Honourable Malick Alhousseini, H.E Honourable Professor Alfa Oumar Dissa, Ghana’s Ministry of Energy, Autorité Nationale de Régulation du Secteur de l'Electricité (Anaré), TOTAL, CI-GNL, Regional Liquidity Support Facility (RLSF) and West Africa Gas Pipeline Authority Company (WAGPA), the fast approaching Regional Energy Co-operation Summit 2018 (www.Regional-Energy-Cooperation-Summit.com) will establish the roadmap for sustainable electricity trade in ECOWAS’ booming gas and energy markets.

Alongside the Energy Commission of Ghana, Electricity Company of Ghana and GridCo, Ghana’s Ministry of Energy will be in attendance at ministerial level alongside their distinguished counterparts from Burkina Faso, Mali and Nigeria to present some of the latest projects seeking investment and strategize regional initiatives for power, infrastructures and gas development.

Attracting market leaders such as ENGIE, Siemens, Manitoba Hydro International, METKA, Wärtsilä and BLP LLP and endorsed by ANER, the Regional Summit continues to be the annual platform where public and private stakeholders and industry experts can stay up-to-date with upcoming projects in the pipeline and new strategies to unlock gas and power trading in West Africa. With the arrival of Côte d’Ivoire’s first LNG-import terminal and ambitions to establish a regional hub for gas distribution, LNG industry leaders CI-GNL and TOTAL will join Director General, Debo Barandao of WAGPA to discuss regional gas development.

Sharing ENGIE’s perspective on how the investment summit provides a solid foundation for gleaning of vital industry updates, Philippe Miquel, CEO Western & Central Africa tells us “The Regional Energy Co-operation Summit in Abidjan is of great interest to ENGIE as it facilitates discussions and sharing of successes with all relevant stakeholders involved in energy cooperation in Africa: public and private, industrial and financial players, developers and customers of energy facilities, with the common intention of creating shared value.”

Amongst distinguished energy leaders who will evaluate and assess energy solutions across West Africa that will provide further economic prosperity and industrial growth and ensure sustainable energy security, we welcome:

  • H.E. Honourable Alfa Oumar Dissa, Minister of Energy, Mines and Quarries, Burkina Faso
  • H.E Honourable Malick Alhousseini, Minister of Energy and Water, Mali
  • Distinguished Senator Mustapha Bukar, Vice-Chairman, Senate Committee on Power, Steel, Development & Metallurgy, The Senate, National Assembly, Federal Republic of Nigeria
  • Hippolyte Ebagnitchie, General Director, Autorité Nationale de Régulation du Secteur de l'Electricité, Côte d'Ivoire
  • Alfred Ahenkorah, Executive Secretary, Energy Commission of Ghana
  • Abel Didier Tella, Director General, Association of Power Utilities of Africa (APUA)
  • Jean Jaylet, Vice President LNG & Economy in the Gas, Renewables and Power, TOTAL
  • Remi Duchateau, Director General, CI-GNL
  • Dijby Ndiaye, Managing Director, Senegalese Agency for Renewable Energy (ANER)
  • Mahamane Sow, Chief Executive Officer, EDF Côte d’Ivoire
  • Rumundaka Wonodi, former CEO, Nigerian Bulk Electricity Trading Plc (NBET), Founder & CEO, ZKJ Energy Partners
  • Robert Schlotterer, Lead Infrastructure Finance Specialist, Infrastructure, PPPs and Guarantees Group, World Bank
  • Peter Koninckx, Director of Power Generation and Transmission Solutions, Siemens
  • Subha Nagarajan, Managing Director, Overseas Private Investment Corporation (OPIC)
  • Clare Sierawski, West Africa Country Manager, U.S. Trade and Development Agency, Power Africa.
Read more: Burkina Faso, Mali and Ghana Ministers of Energy...

The Islamic Corporation for the Development of the Private Sector (ICD) and Shobak Wind Energy PSC (the “Project Company”) have signed facility agreements for a US$26 million The Project, which will deploy 13 wind turbines supplied by Vestas Wind Systems, will be constructed over a 2-year period and have a total cost of approximately US$104 million JEDDAH, Kingdom of Saudi Arabia, November 29, 2017/APO Group/ -- The Islamic Corporation for the Development of the Private Sector (“ICD”) (www.ICD-ps.org) and Shobak Wind Energy PSC (the “Project Company”) have signed the facility agreements for a US$26 million Shariah-compliant senior financing to part fund the construction of a 45 MW wind farm (the “Project”) in Jordan near the Shobak town municipality,160 km south of Amman. The balance of the senior financing is being provided by the European Bank for Reconstruction and Development (EBRD) and Europe Arab Bank (EAB). The Project Company is majority owned by Alcazar Energy Partners (http://AlcazarEnergy.com), a UAE-based independent developer active in the Middle East, Africa and Turkey. Alcazar Energy is developing the project in partnership with Hecate Energy LLC (www.HecateEnergy.com), a US-based developer. The Project, which will deploy 13 wind turbines supplied by Vestas Wind Systems, will be constructed over a 2-year period and have a total cost of approximately US$104 million. Once the Project is operational, the generated power will be sold to the Jordanian National Electricity Power Company (NEPCO) under a long-term power purchase agreement. The Project will support Jordan in increasing its electricity generation capacity from clean, indigenous and renewable sources and reducing reliance on costly hydrocarbon imports. It will help the country abate more than 100,000 tons of CO2-equivalent per annum, supporting Jordan’s emission reduction targets under the Paris Climate Agreement, as well as promoting sustainable energy development and private sector participation in the country’s energy landscape. Mr. Khaled Al-Aboodi, the Chief Executive Officer of ICD, commented: “We are delighted to be part of this success story, and happy to have been able to support Alcazar Energy in this important investment. I would also like to thank the Government of Jordan for their continued support and commitment to this critical sector, and we are looking forward to expanding and deepening our involvement in the country through similar interventions in the very near future. We are also very pleased to continue our fruitful cooperation with EBRD, as this transaction follows the recent closing of several comparable co-financings in the Arab Republic of Egypt just last month.”   Daniel Calderon, Co-Founder and CEO of Alcazar Energy, said: “The Shobak project is another significant milestone for our company to build a sustainable portfolio of assets. By early next year when Shobak construction starts, our portfolio will comprise seven projects in construction or operation in the region. We appreciate the continued support of the government of Jordan, our lenders and investors. Shobak is the first of our projects to be partly funded by a Sharia compliant financing and we are delighted to welcome ICD as a new financing partner.” Distributed by APO Group on behalf of Islamic Corporation for the Development of the Private Sector (ICD).

Media Inquiries
Mr. Nabil El Alami
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Fax: +966 12 6444427
Tel: +966 12 6468192

About Alcazar Energy
Alcazar Energy (www.AlcazarEnergy.com), which was formed in 2014, is an independent developer and power producer focused on renewable energy generation across the Middle East, Africa and Turkey. Alcazar focuses on Solar PV and Onshore Wind technologies and targets emerging economies with attractive underlying market fundamentals and developed regulatory frameworks. Alcazar is owned, amongst others, by IFC, AMC, Mubadala Infrastructure Partners, Blu Stone Management and Dash Ventures. www.AlcazarEnergy.com

About Hecate Energy LLC
Hecate Energy LLC (www.HecateEnergy.com) is a leading developer, owner and operator of power plants in North America and internationally.  Hecate Energy brings together business acumen, technical understanding and significant experience in the industry to develop world-class power projects. The company specializes in solar and wind power, natural gas plants and energy storage, unearthing creative approaches to structuring PPAs and financing power projects both in the United States and abroad. Hecate Energy believes in collaborative, long-term partnerships with the communities, organizations and countries it serves.  www.HecateEnergy.com

About ICD
ICD (www.ICD-ps.org) is a multilateral organization and a member of the Islamic Development Bank (IDB) Group. The mandate of ICD is to support economic development and promote the development of the private sector in its member countries through providing financing facilities and/or investments which are in accordance with the principles of Shari’ah. ICD also provides advice to governments and private organizations to encourage the establishment, expansion and modernization of private enterprises. ICD is rated AA/F1+ by Fitch and Aa3/P1 by Moody’s. For more information visit www.ICD-ps.org

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FREETOWN, Sierra Leone, January 27, 2018/APO Group/ --

The Government of Sierra Leone under the leadership of His Excellency, Dr. Ernest Bai Koroma has over the years been mobilizing financial resources to finance water projects in the rural areas of the country from budgetary allocations and grants from its traditional development partners such as World Bank and African Development Bank (AfDB).

The Government has also through the Sierra Leone Water Company (SALWACO) continued to provide technical as well as financial support alongside its development partners for the development of rural water supply schemes and SALWACO is being evidently strengthened to efficiently perform its current responsibilities.

However, the late Sierra Leone Ambassador to the United Arab Emirates (UAE), Architect Siray Alpha Timbo of blessed memory through his shrewd diplomacy caused a cooperation agreement between the Emirates Red Crescent Authority in the UAE and the Ministry of Water Resources in Sierra Leone concerning the digging of artesian wells and ground wells in the rural areas of Sierra Leone.

The UAE Red Crescent Authority is a voluntary humanitarian body that plays a supporting role for official authorities in times of peace and war. It was founded on January 31, 1983 and received international recognition for joining the International Federation of Red Cross and Red Crescent Societies in 1986.

Although Ambassador Timbo has died, the Chargé d' Affaires in the Sierra Leone Mission in the UAE, Mr. Allieu Badarr Mansaray and Sierra Leone’s Consul General in Dubai, Mr. Bahige Annan are working closely with development partners, including the Emirates Red Crescent Authority to see the successful implementation of all the projects the late Sierra Leone’s top diplomat in the Emirates initiated.

In an interview with the Director General of SALWACO, Mr. Samuel Bangura said negotiations for the agreement started in 2011 and that the Government of Sierra Leone signed the financial agreement sometime last year. He disclosed that April to July 2017 would have been the implementation period but the sudden death of Ambassador Siray Timbo caused the project to be put on hold. The Director General of SALWACO further disclosed that the project implementation started in December last year but there were some administrative delays, noting that they only concluded the process of arranging the funding in December 2017.

Mr. Bangura reiterated that the Government of Sierra Leone signed the agreement in 2016 with the hope of accessing the funding as early as possible for SALWACO to start the project implementation but it could not, adding that funding has been concluded and the launch of the project took place in some Northern rural towns of Sierra Leone on 20th – 21st January, 2018.

Project Description

With the Ministry of Water Resources in Sierra Leone going into an agreement with non-traditional donors in the private sector in the UAE, it could be seen as a tremendous effort by the Government of Sierra Leone to tap new sources of funding to propel the country to development in every sector. Thanks to the efforts of Ambassador Siray Timbo of blessed memory for breaking a new ground to ensure that Sierra Leone improves access to reliable water supply services for the rural population.

The project description of the cooperation agreement between Emirates Red Crescent Authority and the Ministry of Water Resources concerning the digging of artesian wells and ground wells in the rural areas is as follows:-

First: Both parties agreed that the Second Party shall implement a project serving water resources in order to secure and provide drinking water in the rural areas in the Republic of Sierra Leone in accordance with the specifications, bills of quantities and prices set out in the appendix of the Agreement. The project is divided into two parts in accordance with the following values and details:

1. Digging (49) artesian wells including the pumps, tanks and solar energy system with a total cost of US$ 1,816,777 and US$ 37,077 per well.

2. Digging (63) ground wells with manual pumps and with a total cost of US$ 617,400 and US$ 7,800 per well.

Purpose of the Agreement

The purpose of this agreement is to provide a financial donation (grant) by the First Party to dig artesian and ground wells, manage the project and raise awareness among the community in the Republic of Sierra Leone in order to contribute to improving the water services provided by the Second Party as well as secure and provide drinking water in the rural areas agreed upon by both parties with a total value not exceeding US$ 2,734,173 (Two Million Seven Hundred and Thirty-four Thousand, One Hundred and Seventy-three United States Dollars) or what is equivalent in UAE Dirham including all the works of digging, extension, pipes, pumps and all other necessary supplies in addition to administrative fees, the enlistments of contractors and fees of consultation, if any, as this amount represents the maximum amount to implement the whole project.

According to the SALWACO Director General, “We hope to implement the project between now and July should the funding be consistent.” He disclosed that 25% of the amount has been released and that the project would be launched in rural villages far away from the capital Freetown.

The Director General explained the new technology of using boreholes with pumps, tanks and solar energy system which he said was introduced by SALWACO. He further explained the efficiency and effectiveness of the system for small rural settlements. Mr. Samuel Bangura disclosed that about 111,000 people will benefit from the project when implemented.

Over the years under the Ernest Bai Koroma-led APC Government, SALWACO has undergone serious transformation that has enabled the institution to efficiently perform its current responsibilities and rural water supply services. It has implemented several water projects in the rural areas funded by the Government of Sierra Leone and its development partners worth hundreds of millions of United State Dollars.

“Under Samuel Bangura as Director General, he has rapidly transformed the company from a dead to a more proactive institution by providing safe water for people in rural areas largely due to the young, intelligent and dedicated staff who are determined to implement the President’s dream of providing safe pipe-borne water to rural areas,” Sierra Express Media, an online Sierra Leone newspaper recently wrote.

On the telephone line from the Emirati financial capital, Dubai, Sierra Leone’s Consul General, Bahige Annan says the support given by the UAE Red Crescent Authority is very timely and will help provide clean drinking water to thousands of people living in areas with scarce sources of clean water and the project will also help prevent deaths caused by diseases related to unsafe drinking water.

He commended the UAE Government for always providing aid for all. The pivotal role always played by the UAE in the humanitarian field, Mr. Annan added, only reflects the key noble values of the UAE people under the leadership of their leader, His Highness Sheikh Khalifa bin Zayed Al Nahyan.

“The UAE is the capital of giving, and that the people of the UAE are always keen on extending a helping hand to the needy,” Mr. Annan concluded.

Given the Government of Sierra Leone’s rural water supply-specific policy objectives with the broad objective to improve health and alleviate poverty of the rural population through improved access to adequate safe drinking water, it is hoped that SALWACO will live up to the task of successfully and efficiently carrying out its obligations in the project implementation before the end of the second quarter of this year.

http://APO.af/PdkY67

Read more: Sierra Leone: Late Ambassador Timbo’s Emirati...

LAGOS, Nigeria, November 24, 2017/APO Group/ --

The complex dilemma of how to power Nigeria dominates politics and economics, yet hundreds of thousands of people are discovering the answer is to literally take power into their own hands.

This week, the Lumos (www.Lumos-Global.com) Mobile Electricity Service deployed its 60,000th Y’ello Box, an at-home solar electricity device that lets users gain access to reliable electricity at an affordable price. The Lumos service is combining the power of the sun and your MTN mobile phone to bring a new type of power to Nigeria.

This significant milestone means more than 300,000 people right across Nigeria are now benefitting from affordable, reliable, clean electricity, thanks to the Lumos Mobile Electricity service ability to unleash the power of the mobile.

Mobile phones have transformed the way we spend our daily lives. In fact, a recent report declared Nigeria as the ‘world’s most mobilized country’ (http://apo.af/qD8dM5) with more mobile traffic than any other nation. With more and more mobiles, they not only drive our demand for more accessible and reliable power, but they can also help provide the solution.

Lumos Mobile Electricity Service operate in partnership with MTN. Once MTN customers have joined the service, they pay their monthly subscription fee for power from their MTN’s mobile phones air account by texting a simple code. There’s no need for mobile money, bank accounts or expensive machines. This is quick, easy, affordable, quiet and clean.

Mr. John Stephen Akpan, a farmer from Lagos State who purchased the 60,000th system said:

“The Y’ello Box is making a big difference. I was using a noisy, polluting generator, but now that Lumos has arrived, my farm has been transformed instantly.   

“I was surprised at how easy and quick the installation was, and that I was able to start using it straight away.”

Yuri Tsitrinbaum, CEO of Lumos Nigeria said:

“The mobile revolution has transformed our need for power, and the mobile electricity service is also going to be a significant part of the answer.”

“The Nigerian economy will thrive if we give people the power they need to succeed. We cannot wait, and we need put power in everyone’s own hands.”

“At Lumos we have built a unique system that uses groundbreaking technology to harness the energy of the sun, capture and store it, and release it thanks to your mobile phone.”

“The energy mix in Nigeria is a complex issue which we all need to work together to solve.  We believe we have created something fantastic that is bringing power to people’s homes and businesses like nothing else before.”

Read more: The answer to Nigeria’s power needs will be...

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