KENYA:
EABL Will Build 144 Million Dollar Brewery in Kisumu: "East Africa Breweries Ltd (EABL), a subsidiary of the British Diageo, will invest 15 billion shillings ($144 million) in the construction of a brewery in Kisumu in southeast Kenya. The information was announced yesterday by the Kenyan President Uhuru Kenyatta on the sidelines of a meeting with Ivan Menezes, the CEO of the British company, at the State Palace in Nairobi. Spread over 0.5 hectares, the factory will be dedicated to the manufacturing of brand beer "Senator Keg Lager." The construction works will be launched on July 16, and the plant should be operational in the next 18-24 months. To meet its sorghum needs, the infrastructure will depend initially on some 30,000 contract farmers. They will deliver 20,000 tons of cereal annually. In a second time, the number of contractors will be increased to 45,000 with the objective of meeting demand that is expected to reach 40,000 tons of raw material within five years. Regarding the spin-offs of this investment, 100,000 direct and indirect jobs and an annual gross income of 6 billion shillings ($5.7 million) are expected to be generated for the benefit of producers within the next 10 years..."
Kenya Postpones Its First Oil Exports for Three Months: ""Kenya has postponed its first oil exports for three months due to different income sharing between government and local community of Turkana, a desert region in the north-west of the country," announced the Minister of Energy on Thursday. Initially, the local community was to receive 5% of oil revenues, the county 20%, and the Central Government 75%. However, the local community now demands 10%. "We do not want to start exports without being certain of income sharing (...), we will start exports after the elections when we shall have a senate to legislate," declared to the press the Minister of Energy, Charles Keter..."
MADAGASCAR:
Jirama Expects a 7.5% Increase in Electricity Rates: "Jirama, a Malagasy company in charge of the electrical supply, is expecting a 7.5% increase in the electricity tariff, an amendment which will enter into force on July 1, 2017. This possibility had been mentioned by Olivier Jaomiary, the new CEO of the Company who had declared in last May when he took office: "We are going to reduce the cost of energy down to reach operational equilibrium by 2020. At the same time, a gradual revision of tariffs is also envisaged. However, the goat and the cabbage must be spared." Jirama, which has been going through an acute financial crisis for some years, cedes energy to its customers at a much lower price than its production. For example, the cost of producing energy in some power stations reached 2,946 ariarys ($0.97), but the maximum transfer price applied is 893 ariarys ($0.29). A tariff that can go down to 141 ariarys ($0.05) for some subscribers, according to l’Express de Madagascar..."
SENEGAL:
Solar Energy: Senegal Inaugurates Its Third Solar Power Plant in Less Than a Year: ""The Senegalese President Macky Sall proceeded on Thursday the inauguration of the country's third largest solar photovoltaic power plant with a capacity of 30 megawatts (Mw) in Méouane, in the region of Thiès (center-east)," said Xinhua. After the inauguration last October of the Bokhol solar power station in the Saint-Louis region, and in November of that of Malicounda in the department of Mbour, Senegal now has a third functional power station. At a cost of 27 billion CFA Francs, the Santhiou Mekhe power station will supply 30 MW of electricity for the consumption of 200,000 households. According to Macky Sall, this initiative to use solar energy reflects the will of its government to promote clean and renewable energies in accordance with Senegal's commitments to COP21 in Paris and COP22 in Marrakech..."
NIGERIA:
Nigeria Will Focus More on Natural Gas Because the Oil Reserves Are Depleted: "On Wednesday, the Nigerian Minister of Oil, Ibe Kachikwu, has announced that his country will focus more and more on the exploitation of natural gas, because national oil reserves will be depleted within the next 25-30 years. This statement was made during a meeting between actors of the sector where Mr. Kachikwu represented the president of the federation, Muhammadu Buhari. "For Nigeria, natural gas represents a new horizon of opportunities," he said. In fact, it is estimated that genuine natural gas production will finance Nigerian economy for over 60 years. "Natural gas is the future and we must start working to build a strong industry," he added."
GHANA:
Ghana Signs a 10 Billion Dollar MoU with China to Develop Its Bauxite Industry: "Ghana concluded a 10 billion Dollar Memorandum of Understanding (MoU) with China to develop a project of bauxite and a railway network. The information was announced on Wednesday by the Prime Minister Yaw Osafo-Maafo at a conference of investors held in London, returning from a visit in the middle empire. "To develop the bauxite project and its railway and transform bauxite into aluminum, we will need about 10 billion Dollars, we signed a MoU," he said. He indicated that the funds will come from China Development Bank, and the project will be implemented by other agencies, Chinese infrastructure agencies, such as China Railway. The funding will be used to build 1,400 km of a 4,000 km railway network project, which will link bauxite mines and production sites and establish a liaison with neighboring Burkina Faso..."
Crédit : IMPERIUM MEDIA
