Page 12 - AfrOil Week 26 2022
P. 12

AfrOil                                       PERFORMANCE                                               AfrOil



                         Without electricity, some urban households are   installed capacity of 1,520 MW.
                         forced to poach for firewood from nearby farms   However, the Industrial and Commercial
                         while better-resourced ones resort to cooking   Bank of China and China Minsheng Banking
                         gas.                                 Corporation pulled out of a proposed coal-fired
                           It is estimated that Zimbabwe produces 1,100   facility in central Zimbabwe.
                         MW of electricity per day on average, while   “We have licensed more than 90 independ-
                         demand stands at about 1,500MW. The deficit is   ent power producers and the retail sector, like
                         covered by load shedding and importing power   many other companies are doing, should take
                         from neighbouring South Africa and Mozam-  lead in setting up solar mini-grids for its own
                         bique whenever foreign currency to pay for it is   use,” Mataruse said, as quoted by The Herald. ™
                         available.
                           Given that funding for coal projects is dry-
                         ing up after China announced in September
                         2021 that it was halting financing coal projects
                         abroad, Mataruse said, the country will focus on
                         harnessing its solar potential.
                           Two units at Hwange colliery that are set to
                         generate a combined 600 MW by March 2023
                         were the last to receive funding from China in
                         2018. The two generating units at a larger gov-
                         ernment-owned facility received $1.5bn from
                         China Exim Bank.
                           An existing section has a nameplate capac-
                         ity of 920 MW so by the first quarter of the year
                         when the two units under construction come
                         online, the Hwange facility would have an   LPG has become a more widely used cooking fuel in Zimbabwe (File Photo)




                                                        POLICY
       Ethiopia’s government denies report of fuel



       shortage amidst humanitarian aid delays






            ETHIOPIA     ETHIOPIA has denied a report by the Euro-  Front, which started in November 2020, has left
                         pean Union which stated that a lack of fuel is   many on the brink of famine. This March, Addis
                         preventing the delivery of humanitarian aid to   Ababa announced a humanitarian truce to allow
                         Tigray, the famine-struck region in the north of   aid into Tigray.
                         the country.                           According to the prime minister, the aid can
                           Speaking to Voice of America, a spokes-  flow through freely, and the fuel crisis isn’t a real
                         woman for Ethiopia’s prime minister, Billene   issue.
                         Seyoum, called the report a “myth” perpetuated   “So, the myth of fuel shortage is a TPLF
                         by the Tigray People’s Liberation Front (TPLF)   hidden agenda to enhance mobility of its army
                         “to enhance mobility of its army in preparation   in preparation for another round of conflict.
                         for another round of conflict.”      Hence, there are no fuel sanctions and such
                           On June 21, EU Commissioner for Crisis   claims need to be reviewed with clarity on the
                         Management Janez Lenarcic said that Tigrayans   reality,” Seyoum said. ™
                         were not getting enough aid due to fuel short-
                         ages, as there were enough trucks to bring aid
                         to Tigray.
                           “There’s a need to lift restrictions, especially
                         on the provision of fuel. More fuel is needed
                         because without it, even this food assistance that
                         comes to Mekelle cannot reach rural areas where
                         the needs are highest,” Lenarcic is quoted as say-
                         ing. “So now we have a situation where human-
                         itarian houses in Mekelle are full, but the people
                         out there in the countryside are still hungry.”
                           The war between the Ethiopian federal gov-
                         ernment and the rebel Tigray People’s Liberation   Lenarcic visited Ethiopia last week (Photo: Twitter/@JanezLenarcic)



       P12                                      www. NEWSBASE .com                           Week 26   29•June•2022
   7   8   9   10   11   12   13   14   15   16   17