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Rwanda

Symbion commits $700 M for methane power plant tied to DRC-Rwanda peace deal
Symbion Power announces a $700 M investment for a 140 MW plant on Lake Kivu, contingent on full enforcement of the cease-fire signed between the Democratic Republic of Congo and Rwanda.
Mozambique: TotalEnergies Faces Security Dilemma Before LNG Project Restart
Jihadist attacks in Cabo Delgado displaced 59,000 people in July, threatening the restart of the $20 billion gas project planned for August 2025.

TotalEnergies strengthens its global portfolio with three renewable acquisitions

TotalEnergies has completed strategic acquisitions in the wind, solar and hydropower sectors across Europe, Africa and Canada, thereby reinforcing its integrated power business in several key markets.
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Uganda finalizes historic agreement to build Hoima oil refinery
After several years of negotiations, Uganda officially signs an agreement to establish the Hoima oil refinery, a central project in the country's energy strategy aimed at reducing dependency on fuel imports.
Scatec finalises the sale of its African hydropower assets to TotalEnergies for USD 167 million
Scatec ASA has completed the sale of its 51% stake in an African hydropower partnership to TotalEnergies, a transaction valued at USD 167 million, as part of the company's portfolio reduction strategy.

Rwanda Adjusts Statements on Oil Discovery in Lake Kivu

Following a premature announcement of an oil discovery in Lake Kivu, Rwanda clarified that the work is still in an exploratory phase, with partners being sought to move forward.
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Jean-Christian Bergeron appointed as head of Rubis Énergie to accelerate growth
Rubis, an energy group based in Paris, appoints Jean-Christian Bergeron as the General Manager of Rubis Énergie. He will assume his role in January 2025 to lead growth strategy in global energy distribution markets.
Africa Redefines Its Refining Future: Opportunities and Challenges Amid Global Competition
Despite pressure on refining margins, Africa is accelerating refinery projects to meet growing demand and enhance energy security, while facing competition from global giants.

Rwanda relies on Russia to train its nuclear energy specialists

Rwanda relies on Russia to train its nuclear energy specialists
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Uganda inaugurates 600 MW Karuma hydroelectric power station
Uganda boosts its energy capacity with the opening of the Karuma hydropower plant, financed by China to the tune of 1.7 billion dollars, marking a new stage in Sino-Ugandan cooperation.
Rwanda signs its first SMRs with Nano Nuclear Energy
Rwanda strengthens its energy strategy with an agreement to develop modular nuclear reactors (SMR), positioning the country at the forefront of nuclear innovation in Africa.

Rwanda: Scatec sells an 8.5MW solar power plant for USD 1.38 million

Scatec ASA concludes the sale of its 54% stake in a solar power plant in Rwanda to Fortis Green Fund I Rwanda Holdings Ltd and Axian Energy Green Ltd for 1.38 million USD. Scatec ceases operations in Rwanda.
TotalEnergies acquires hydroelectric projects in Africa
TotalEnergies signs an agreement with Scatec, a Norwegian renewable energy company, to acquire 100% of **SN Power**, including interests in hydroelectric projects in Africa. This strategic transaction is designed to support the continent's energy transition.
centrale hydroélectrique de Bujagali, Ouganda
ENGIE Energy Access deploys 15 Solar Mini-Grids in Zambia
ENGIE Energy Access is preparing to deploy 15 solar mini-grids in Zambia's Eastern Province, with a target of 60 installations by 2025. This project, financed by the European Development Fund and the European Union, aims to improve access to electricity for local families and small businesses.
ENGIE Energy Access Déploie 15 Mini-Réseaux Solaires en Zambie.

IFC and Italian climate fund invest in biofuels in Kenya

IFC and the Italian Climate Fund announce a $210 million investment to develop biofuels in Kenya, supporting the decarbonization of transport and the livelihoods of local farmers.
L'IFC et le Fonds Climat Italien Investissent dans les Biocarburants au Kenya pour aider l'agriculture et les transports.
EDP supports renewable energy projects in Africa
EDP's A2E Fund finances energy projects in five African countries, contributing to energy inclusion on the continent.
Projets énergétiques Afrique EDP
Nigeria launches its Carbon Market Strategy
President Bola Tinubu announces the creation of a special committee to draw up a national strategy for the carbon market in Nigeria, marking a major turning point.

Singapore expands its Carbon Credit Network

Singapore signs crucial agreements with Rwanda and Fiji for the acquisition of carbon credits, reinforcing its proactive environmental strategy.
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Rwanda launches a framework for its Carbon Market
Rwanda unveils its carbon market project at COP28 in Dubai, aiming to establish a cap-and-trade system and strengthen its participation in the UN's Article 6 market.
Rwanda, the biogas alternative
Rwanda is considering the introduction of sustainable and affordable technologies to produce biogas for domestic consumption.
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