skip to Main Content
Sydney, Australia. | +61 (0)401 808 739

Nigeria: FG woos Electricity investors with five-year tax holiday

By Martin Ayankola

The Federal Government has offered prospective investors in the power sector a five-year tax holiday to serve as an incentive to woo them, just as the Bureau of Public Enterprises recently in Lagos began road shows to enlighten investors on opportunities in the sector.

According to the BPE, another incentive for investors in the power sector is the World Bank’s instruments to insure their investment against political risks in the country.

Read More

Southern Africa: Botswana-Namibia Coal rail link work to start 2012

By Servaas van den Bosch

WINDHOEK (Reuters) – Construction of a railway line connecting Botswana’s Mmamabula coal field with the Namibian port of Walvis Bay, pegged at up to $9 billion, is expected to start in 18 months, a government official said on recently.

Robert Kalomo, Namibia’s Director of Railway Affairs in the Ministry of Works said construction of the TransKalahari Railway would take five years, with costs expected to range between $5-9 billion.

Read More

Sierra Leone: Geothermal Potential Estimated at 700 Megawatts

James Karuhanga

Kigali — Preliminary findings by the Kenya Electricity Generating Company (KenGen), which was contracted last year to conduct a thorough surface exploration of geothermal energy, indicate that Rwanda’s potential is estimated to be more than 700 Megawatts.

A summarized document on geothermal development obtained from the Ministry of Infrastructure, reveals that the data acquired by KenGen has been reviewed by consultant and “used to estimate the geothermal potential in Rwanda.”

Read More
Back To Top