Page 3 - AfrElec Week 33 2022
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AfrElec                                        CONTENTS                                              AfrElec















                         POLICY

                         Mozambique’s president announces plan to
                         create natural gas-backed sovereign wealth fund, cut taxes            4

                         Nigerian power companies owe $2bn to banks                            5

                         Nigerian electric workers suspend strike after country plunges into
                         darkness                                                              6


                         GRID
                         Saudi Electricity borrows $568mn to fund electricity interconnection
                         project with Egypt                                                    7

                         Nigeria’s BEDC Electricity Plc posts loss following business dispute   7

                         Uganda to import emergency power from Kenya                           8

                         COAL

                         South African energy producer Exxaro expects coal to fire its H1 2022
                         profit                                                                9


                         RENEWABLES

                         Seriti invests $55mn in Windlab Africa                              10

                         Côte d’Ivoire makes deal with China for biomass energy plant        10
                         Magnora secures environmental approval for 260MW solar project in
                         South Africa                                                        11


                         NUCLEAR

                         Rosatom to build begin second reactor at Dabaa in November          12


                         NEWSBASE’S POWER ROUNDUP GLOBAL                                      13


                         OUR CUSTOMERS                                                        14











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