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Organized by the African development bank, the forum, dubbed a market place for Africa, for the second time expects to bring together project sponsors, investors, borrowers, lenders, policy makers, public and private sector investors to promote Africa's investment opportunities for a total deal of USD 67 billion transactions. More than 32 billion dollars transactions were made in the last year's forum.

In addition to the transactions expected, key reports are also to be launched such as the Africa energy outlook 2019 of iea, 2019 Electricity Regulatory Index and the first comparative Electricity Tariff Study report for west Africa region.

Ethiopia is represented by its ambassador in South Africa this year. Last year was attended by President Sahle-work Zewde making USD100 million deal for the energy sector.

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Organized by the African development bank, the forum, dubbed a market place for Africa, for the second time expects to bring together project sponsors, investors, borrowers, lenders, policy makers, public and private sector investors to promote Africa's investment opportunities for a total deal of USD 67 billion transactions. More than 32 billion dollars transactions were made in the last year's forum.

In addition to the transactions expected, key reports are also to be launched such as the Africa energy outlook 2019 of iea, 2019 Electricity Regulatory Index and the first comparative Electricity Tariff Study report for west Africa region.

Ethiopia is represented by its ambassador in South Africa this year. Last year was attended by President Sahle-work Zewde making USD100 million deal for the energy sector.

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GET FiT Zambia announced the award of six (6) solar PV IPP projects, totalling 120MWac. The lowest successful bid came in at 3.999 USc/kWh and the weighted average of all six successful projects is 4.41 USc/kWh1 . This is the largest single Solar PV tender implemented in Sub-Saharan Africa (SSA) to date outside of South Africa, and is the first time a tariff below 4 USc/kWh is achieved through a public tender in SSA.

The GET FiT tender had a target outcome of 100MWac, but due to the favourable results, the GRZ and GET FiT Investment Committee decided to award an additional 20MWac. Notably, the award was not based on price alone but was based on a total combined technical and financial score.

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Zambia’s constant power cuts are now a thing of the past. Thanks to a robust hydraulic and solar power generation industry in recent years, the country is now self-sufficient in energy.  And, there is even better news for citizens of the South African nation- electricity production could soon be in surplus. Zambia generates practically all its energy production from its own primary resources: biomass, coal and hydroelectricity, with flagship plants such as the power station near the Itezhi-Tezhi Dam, in the south-east of the country, taking centre stage.

The $375 million Itezhi-Tezhi hydroelectric generating station became operational in 2016. The plant has a 120-megawatt capacity and is the fruit of the first public-private partnership project in the Zambian energy sector. Its primary objective has been to produce enough power to end the crippling daily blackouts and meet consumer needs of the country’s 17 million inhabitants.

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Res4Africa to Hold MGA Young Talent of the Year 2020 Award-Webinar

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