- Africa Energy: Zimbabwe Mnangagwa's Cabinet meeting disrupted by power cuts
- Africa Mining: "Increased urgency to improve SA mine health, safety" – Mineral Resources Minister
- Africa Energy: AfDB to provide €229m for Rwanda electricity programme
- Mozambique Mining: Indian Sol Mineração to start coal exploration by 2019
- Global Markets: Oil Traders Said to Mull Nigerian Proposal to Prolong Fuels Swap
Egypt has set aside 25-billion Egyptian pounds (around $1.4-billion) to be spent over two years on developing the country’s electricity network, the electricity minister said on Wednesday.
The Minister, Mohamed Shaker, told reporters the government had agreed on a loan worth 60-billion Kuwaiti dinars (around $200-million) from the Kuwait-based Arab Fund for Economic and Social Development to build three new converter stations.
Mr. Shaker gave no further details.source: Reuters