The African Development Bank has made power generation its top priority (see list of power projects here). The US-led initiative, Power Africa, is focusing capital on some very big and interesting projects. I’m not sure if the AfDB was the instigator of the new trend (even before President Adesina), but several serious African governments have recently prioritized power generation (looking at you, Pretoria). Here’s a sample:
A 450MW gas-fired power plant near Nigeria’s Benin City. In 2014 Nigeria flared more than 290b standard cubic feet of gas.
Twenty international banks and equity funders have committed $900m to the Azura-Edo Independent Power Project, a 450MW gas-fired open-cycle power plant to be built in the country’s Edo State.
A joint venture of Siemens and Julius Berger Nigeria will start building the plant, which is expected to start generating in 2018.
Considered a model for future plants in terms of its private financing, the plant will also burn Nigeria’s natural gas, of which many billions of cubic feet are now routinely flared off as waste.
Zambia and Zimbabwe are in an advanced stage of making the 2400MW Batoka Gorge dam and power station a reality.
Construction of the Batoka Gorge hydroelectric power station to be located on the Zambezi River approximately 54km downstream of Victoria Falls is projected to commence early next year.
….That is why I am saying that we are closer to the fulfillment of the dream for the construction of the dam. Once construction starts it will take five years and we expect it to be completed by 2023.
The $450m plant to be located in Walvis Bay, is set to generate about 250 megawatts, 50 per cent of what the country currently generates internally (500 megawatts)
When Ethiopia completes construction of the [Grand Renaissance] dam in 2017, it will stand 170 metres tall (550 feet) and 1.8km (1.1 miles) wide. Its reservoir will be able to hold more than the volume of the entire Blue Nile, the tributary on which it sits (see map). And it will produce 6,000 megawatts of electricity, more than double Ethiopia’s current measly output, which leaves three out of four people in the dark.