The Africa Minigrid Developers Association (AMDA), represented by Chief Executive Officer, Jessica Stephens, and the Common Market for Eastern and Southern Africa (COMESA) represented by the Secretary General, Ms Chileshe Mpundu Kapwepwe, signed a Memorandum of Understanding between the two organizations.
The Democratic Republic of the Congo (DRC) can leverage its abundant cobalt resources and hydroelectric power to become a low-cost and low-emissions producer of lithium-ion battery cathode precursor materials.
Planned to cover a total of 21 provincial capitals with more than 200 megawatts of capacity, the mini-photovoltaic power plant project aims to bring the population’s electricity supply rate to 30% by 2024, from the current 19%.
Following a bidding process in keeping with international standards, three concession contracts were signed on June 3, 2021 in Kinshasa between the DRC government and an international consortium composed of Gridworks, AEE Power and Earanove.
The new partnership, totaling 5 million EUR across multiple tranches, is set to accelerate investments in solar in the DRC, expanding access to clean, reliable, and affordable energy for off-grid and poor-grid households.
The Democratic Republic of Congo (DRC) offers a compelling opportunity for investment in off-grid solar, a new market review signals.
Nigeria is officially the country with the highest number of people without access to electricity despite being the biggest economy in Africa.