Tag: EPC
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In-Depth: China’s Finance for African Renewables Rebounds After Two-Year Lull
By Anika Patel New data reveals a rebound in Chinese financing of renewable energy projects in Africa in 2023, following a lull over the past few years.
New Complaint Adds to Kenya’s Chinese Contractor Woes
A Chinese contractor has slapped the Kenya Electricity Transmission Company (Ketraco) with a bill for 1.1 billion Kenyan shillings ($9.6 million) in interest for delayed payments. The contractor, Nari-PCGE, complained to the Kenyan Parliament that it hadn’t been paid for its work on the 428-kilometer Loiyangalani-Suswa transmission line. ...
Between the Cut in Chinese Lending and COVID, 2020 Was a Tough Year for East Africa’s Infrastructure Development
The financial crisis brought on by the COVID-19 pandemic combined with a curtailment in Chinese lending contributed to a 35% drop in the number of infrastructure construction projects in East Africa, and a 47% plunge in the value of those projects, according to Deloitte's ...