The proposal provides for the construction of 8.4 gigawatts of renewable energy sources in twelve countries in the sub-region.
Tanzanian President Samia Suluhu Hassan will present an US$18 billion energy transition proposal in 12 southern African countries at the 27th United Nations Climate Conference (COP27), Bloomberg reported Monday, Nov. 7, citing Tanzanian Energy Minister January Makamba.
According to Bloomberg, “under the proposal, a bloc of 12 countries in the region would increase generation by about 8.4 gigawatts from sources such as solar and wind.”
The twelve countries, which include South Africa, Tanzania, Angola, Botswana, Mozambique, and Zambia, currently rely mainly on coal to generate electricity. Their power grids are connected under an initiative called the Southern African Power Pool (SAPP).
Suluhu Hassan is expected to present the energy transition proposal at a meeting of leaders of developed countries and financial institutions on the sidelines of COP27.
"It’s a very timely occasion at this COP to talk about infusing renewables into the Southern African Power Pool. […]You want us to transition? This is the opportunity,” said Minister Makamba.
Flutterwave secures Nigerian banking license to offer credit and savings License enables direct d...
BCEAO mandates all financial institutions to complete integration Move aims to ensure seamless, i...
EBID aims to allocate nearly 41% of its commitments to environmentally and socially impactful projec...
This week, Africa’s health outlook is shaped by mounting supply chain risks tied to global tensions,...
Coca-Cola will invest $1.03 billion in South Africa by 2030 to expand capacity and distributi...
Libya oil output reaches 1.43 million barrels per day Production nears pre-2011 levels as operations stabilize Oil dominates economy,...
Morocco renewable capacity doubles to 4,851 MW by 2025 Wind leads growth; solar expands, hydropower remains stable High energy import...
M-PESA evolves into major financial platform with 35 million users Telecoms, fintechs expand into banking, intensifying competition with...
EACOP pipeline reaches 82% completion ahead of planned 2026 launch Project to transport 216,000 barrels daily from Uganda to Tanzania Legal...
Sungbo Eredo, located in southwestern Nigeria near the Yoruba town of Ijebu-Ode, stands as one of the most remarkable yet overlooked monuments of...
“Dodji, l’Archet Vodoun” is a documentary about reconnecting with ancestral culture to understand one’s origins, following an initiation ceremony that...