Tag Archives: natural gas
PLATINUM SPONSOR INTERVIEW: “Symbion and many other companies from the United States are ready to invest in Africa.”
The Aggreko Shanduka cross-border power project, located at Ressano Garcia in Mozambique has been awarded Africa’s Best Fast Track Power Project in 2012 at the Africa Energy Awards. The award ceremony took place during the gala dinner of the Power and Electricity World Africa conference and exhibition being held from the 8th to 11th of April in Johannesburg.
Event Title: 3rd Annual LNG Terminals & Distribution
Iberian Lawyer brings together a selected group of finance and legal experts at the 3rd Edition of Agenda Africa Forum in London ─ ‘Investment Frontiers: Angola and Mozambique’ ─ to examine trends in the region
LONDON, United-Kingdom /African Press Organization (APO)/ – The appetite for investments in projects, energy and infrastructure in Africa has not decreased despite the economic downturn. Iberian Lawyer brings over 80 experts from the banking, finance and legal sector at Chatham House, London, to discuss the current opportunities and challenges of investing in Angola and Mozambique.
The power project has been awarded at the Africa Energy Awards
World Bank Group financing for power generation, transmission and distribution, and energy policy and regulatory reform has helped expand access to millions of households in over 60 countries. Bank Group financing, combined with advisory and analytical services, knowledge products, as well as policy support, has also helped launch and scale up renewable energy generation and energy efficiency at national, sub-national and municipal levels. During 2002-11, the Bank supported projects for the construction and rehabilitation of about 115,000 kilometers of transmission and distribution lines and about 19,000 megawatts of generation capacity to improve access to reliable energy.
More than 1.2 billion people—about 17 percent of the world’s population—are without access to electricity, most of them concentrated in about a dozen countries in Africa and Asia. Another 2.8 billion rely on wood, charcoal, dung and coal for cooking and heating, which results in over four million premature deaths a year due to indoor air pollution. Shortages in power supplies, and their unreliable and poor quality, due to underinvestment, are also major challenges facing developing countries.