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
- The issue of African debt restructuring: between financial necessity and the vicious circle of IMF programs
- Benin – AES: Romuald Wadagni commits to normalizing relations
- Nigeria: Central Bank approves the conversion of Abbey Mortgage Bank into a regional commercial bank
- Gabon: the raising of 307 million dollars confirms the regional market’s appetite for sovereign debt
- AfDB injects $125 million into ATIDI
- After 50 years of presence in Africa, Airbus aims for a potential of 1,500 aircraft by 2045
- Cameroon: Chadian oil transit rights up 11% by April 30, 2026
- Banking: Société Générale Senegal achieves its highest profit in history. A record of over 40 billion FCFA
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