Renewable energy

Back to Bujagali. Stepping stone for SN Power to expand in Africa

The partly aid-financed Norwegian hydropower investor SN Power bought a major stake in Uganda’s Bujagali hydropower project in July. Fifteen years ago, SN Power turned down a World Bank offer to become...

Business November 14, 2018

Finland, IFC join forces to propel clean energy investments

By blending resources Finland and the World Bank’s private sector arm IFC are aiming to raise hundreds...

Business October 27, 2017

World Bank body to arbitrate EcoEnergy sugar dispute with Tanzania

The tribunal that will handle Bagamoyo EcoEnergy’s complaint against the government of Tanzania regarding...

Business October 20, 2017

EcoEnergy sues government of Tanzania

The Swedish Tanzanian biofuel company has commenced international arbitration against the Tanzanian state...

Business September 14, 2017

Further delay in Turkana wind project as Kenya misses June deadline

The start-up for the Lake Turkana wind project in Kenya is delayed again. There is as yet no indication...

Business July 07, 2017

Kenya foots bill for delay in Lake Turkana wind project. Nordic aid-funded investors avoid losses

Kenyan consumers may have to pay millions of EUR in penalties due to delays in the transmission line...

Business June 06, 2017

Internal audit: Sida took too much at face value when it gave bridge financing to Bagamoyo bioenergy project

An internal Sida report obtained by Development Today strongly criticises the agency’s decision to grant...

Business June 06, 2017

The failed Bagamoyo sugar project. Where Sida went wrong

The Swedish-owned Bagamoyo project was a grand scheme that aimed to replace 50 per cent of Tanzanias...

Opinion April 20, 2017

SEKAB never recovered losses from Bagamoyo

The Swedish biofuel company SEKAB that launched the Bagamoyo sugar project a decade ago wrote off losses...

Business March 27, 2017

IFAD days away from cancelling Bagamoyo sugar loan

The Tanzanian government has until the end of March to confirm the status of the Bagamoyo sugar and ethanol...