The Botswana Power Corporation (BPC) announced it will sell the Morupule B coal-fired 600 MW power station. The infrastructure which was built by the China National Electric Equipment Corporation at a cost of $970 million has been experiencing persistent technical problems since it was commissioned in 2012.
“Morupule B has proven to be costly to maintain and operate due to construction defects rendering the plant unreliable,” Botswana Power Corporation Chief Stefan Schwarzfischer said in a notice reported by Reuters. The sale should take between 6 and 12 months according to him.
Let’s recall that in March 2016, a joint venture between Japanese firm Marubeni Corp and South Korean Posco Energy won an $800 million tender to increase the plant’s capacity by 300 MW.
Gwladys Johnson
The BoxCommerce–Mastercard Partnership introduces prepaid cards, giving SMEs instant access to e...
Circular migration is based on structured, value-added mobility between countries of origin and host...
Togolese banks provided 16.2% of WAEMU cross-border credit by September 2025 Regional cross...
President Tinubu approved incentives limited to the Bonga South West oil project. The project tar...
BRVM listed the bonds of the FCTC Sonabhy 8.1% 2025–2031, marking Burkina Faso’s first securitiz...
U.S. to launch digital and AI training programme in Burkina Faso Courses target youth skills at American Spaces in three cities Initiative...
Units report to heads, oversee risk management and incident response Move follows surge in cyberattacks targeting Algeria in 2024 Algeria...
Nairobi 2026 marks a turning point as African insurers shift from post-disaster payouts to data-driven, ex-ante management of climate and health...
The investment ispart of a $130M deal closed in Dec 2025 to fund Vinci’s full airport concession in strategic Cabo Verde. The financing...
The Khomani Cultural Landscape is a cultural site located in northern South Africa, in the Northern Cape province, near the Kgalagadi Transfrontier Park....
Three African productions secured places among the 22 films competing for the Golden Bear at the 76th Berlin International Film Festival. Berlinale...