Week 34: What happened this week?
CSI Energy Group
A diversified network of companies providing sustainable solutions to the energy sector across Africa.
Power Pulse: This section will give you the latest weekly news and trends in the energy world. You'll learn about new ideas and innovations that are shaping the future of energy in Africa (and the world).
👉🏽 Nigeria and Equatorial Guinea sign landmark Gulf of Guinea gas pipeline agreement. In a significant step towards bolstering regional cooperation and mutual development, Nigerian President Bola Tinubu and Equatorial Guinean President Teodoro Obiang Nguema Mbasogo signed an agreement on the Gulf of Guinea Pipeline Project. Read more here
👉🏽 HKUST Engineering Researchers Develop Eco-Friendly Cooling Device with Record-Breaking Efficiency. With a boost in efficiency of over 48%, the new elastocaloric cooling technology opens a promising avenue for accelerating the commercialization of this disruptive technology and addressing the environmental challenges associated with traditional cooling systems. Read more here
👉🏽 Kenya: Hydropower generation on the increase. Heavy rains in the first half of the year and a water management programme have increased hydropower generation in Kenya year over year. Kenya Electricity Generating Company (KenGen) says its water management programme means that the country will continue to have a reliable electricity supply through hydropower. Read more here
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👉🏽 Uganda says it's exploring for oil in two new regions. Uganda is exploring for oil in two new regions where potential discoveries of crude could increase the East African country's proven reserves of 6.5 billion barrels, its energy minister said this week. Read more here
👉🏽 How African Pipeline Projects Are Securing Billions in Financing. Africa is rolling out several transformative midstream projects, which aim to deliver the continent's hydrocarbon resources to energy-hungry markets. Read more here
👉🏽 BII commits up to $35 million with DP World for the DRC’s first deepwater port. British International Investment (BII), the UK’s development finance institution and impact investor, announced that it will invest up to US $35 million towards the development of the first phase of a new container port in Democratic Republic of Congo (DRC). Read more here