April 26, 2013
China Electric Power Equipment and Technology Company Limited (CET), a subsidiary of China’s largest transmission system operator (TSO) State Grid Corporation of China (SGCC) has signed a USD1 billion loan agreement with the Ethiopia’s state-owned vertically integrated power utility Ethiopian Electric Power Corporation (EEPCo) for the construction of the Grand Ethiopian Renaissance Dam (GERD) power transmission line project.
April 10, 2013
The Kuwait Fund for Arab Economic Development (KFAED), on behalf of the Kuwaiti government, has signed an agreement with the government of the Kingdom of Bahrain to provide a grant worth USD250 million for a 400 kV transmission development project in Bahrain.
March 15, 2013
Kenya’s state-owned power utility Kenya Power has received a loan worth KES5.1 billion from South Africa’s Rand Merchant Bank for setting up new substations and electricity lines in the country.
February 5, 2013
Organisation of the Petroleum Exporting Countries (OPEC) has provided a KES1.3 billion loan to Kenya for the construction of a transmission line to connect the town of Garrissawith the Kindaruma power plant.
December 28, 2012
Rede Eléctrica Nacional (REN), Portuguese transmission system operator (TSO) and the state-owned State Grid Corporation of China (SGCC) plan to set up a joint venture (JV) for the Mozambican market in 2013.
December 11, 2012
European Investment Bank (EIB) has agreed to provide a loan of EUR75 million to Sierra Leone for the implementation of its section of the Cote d’Ivoire–Liberia–Sierra Leone–Guinea (CLSG) Interconnection project.
October 11, 2012
The state-run Kuwait Fund for Arab Economic Development (KFAED) has entered into an agreement with the Bahraini government to provide a grant of USD273 million for two projects, including a USD250 million grant for expanding and upgrading Bahrain's electricity network.
September 8, 2012
The government of Zambia has signed a loan agreement for USD56.5 million with the World Bank for upgrading the existing Kafue Town-Muzuma-Victoria Falls transmission corridor in the Southern province of Zambia.