Page 1 - AfrElec Week 50 2022
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Issue 381            14•December•2022                     Week 50









                  ™     ™Power cut woes


                          Power cuts are still hitting many African countries, damaging economic growth and
                          causing major political instability

                  ™     ™Grid funding


                          The EU is to provide $323mn to help fund a new Italy-Tunisia subsea link


                  ™     ™Bitcoin investment

                          Kenyan Bitcoin miner Gridless has raised $2mn of venture capital to fund bitcoin
                          mining expansion in East Africa that aims to use off-grid renewable power
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