Zimbabwe has signed a $455 million concession agreement with Jindal Africa, a subsidiary of the Indian conglomerate Jindal Steel & Power, for the rehabilitation of the Hwange coal-fired power plant. The 15-year contract includes the refurbishment of six aging production units with a total capacity of 920 MW. The announcement was made by Energy Minister…...
Trending
- Tony Elumelu: African Entrepreneurs Need Capital, Not Charity
- Shelter Afrique raises 60 billion CFA francs on the WAEMU market to finance affordable housing
- Lighthouse Capital aims to raise $50 million for mid-sized African businesses
- FAGACE: Bloomfield confirms financial strength with long-term A+ rating
- UMOA Securities Market: Ivory Coast signs the first 20-year issuance in history
- Banks: 8.5% Increase in Saham Bank’s Consolidated Net Banking Income in the first half of 2026
- Banks: 8.5% increase in Saham Bank’s consolidated net banking income in the first half of 2026
- SUNU Assurances IARD Senegal: Albert Sagna appointed as General Manager
Zimbabwe signs $455 million agreement with Jindal Africa to rehabilitate Hwange power plant
By Félix NZALÉ
Félix NZALÉ
Félix Nzalé is a Senegalese journalist with a deep passion for cultural issues. He led the "CULTURE" section of SUD QUOTIDIEN (SUD Communication Group) for 10 years. Holder of dual Master’s degrees in Sociology and Philosophy, he also holds a management diploma from the Institut Supérieur de Management (ISM) in Dakar. He has contributed to the development of editorial concepts for several newspapers in Dakar.
Add A Comment
About us
Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
Contact us: redaction@financialafrik.com