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ENERGY: South Africa.

Source :
Africa Research Bulletin: Economic, Financial & Technical Series; Apr2023, Vol. 60 Issue 2, p24214A-24215C, 1p
Publication Year :
2023

Abstract

B Corruption at the top is fuelling Eskom's woes. b The South African authorities on February 22nd removed from office the power utility firm Eskom's chief a month before completing his notice following his resignation in December 2022, privately-owned I Daily Maverick i website reported I (23/2) i . I (africabusinesscommunities.com 23/2) i B Senegal: b The African Export-Import Bank (Afreximbank) and the Senegalese electricity company Ndar Energies S.A. have signed a framework agreement to finance the development of a 250-megawatt combined cycle gas turbine power plant and a gas pipeline in Saint Louis, Senegal, for an amount of €430m. CEO André De Ruyter was "released from his position with immediate effect" following an interview with I e.TV i where he alleged the cabinet had knowledge of corruption at the power firm. [Extracted from the article]

Details

Language :
English
ISSN :
2053227X
Volume :
60
Issue :
2
Database :
Complementary Index
Journal :
Africa Research Bulletin: Economic, Financial & Technical Series
Publication Type :
Academic Journal
Accession number :
162916917
Full Text :
https://doi.org/10.1111/j.1467-6346.2023.11037.x