African Utility Week’s growth and success a reflection of confidence in continent’s energy and water sectors

“Everyone who was part of this year’s African Utility Week felt the same passion for the energy and water sectors on the continent and had the feeling that we are on the brink of enormous progress“, says Evan Schiff, event director of the African Utility Week conference and exhibition that took place in Cape Town and gathered a record 6445 attendees from 17-19 May. “Technology, water and renewable energy were strong themes this year,” Schiff adds “and there’s no doubt that renewable energy as well as smart technology are changing…

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STANDARD CHARTERED & USAID’S USD60 MILLION BOOST ZAMBIA’S POWER GRID

Standard Chartered (www.SC.com) continues to deliver on its commitment to bridge Africa’s power gap by facilitating, coordinating and arranging transactions which boost the capacity of national power grids and access to electricity across Africa. In this latest milestone transaction, Standard Chartered has partnered with the U. S. Government, through USAID, to deliver a term loan worth USD 60 million to Zambia’s Electricity Supply Corporation (ZESCO), making this one of the largest facilities that the United States Agency for International Development (USAID) has delivered within President Obama’s ‘Power Africa’ partnership since…

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