Tag: lng

The Mauritius Commercial Bank Ltd (MCB) provides USD 60m funding to fuel Senegal’s national electrification and LNG-use ambitions

The project finance facility is enabling Karpowership to operate its 235 MW Powership alongside the shores of Dakar since August 2019 MCB (www.MCB.mu) is facilitating Senegal’s endeavour to improve its national electrification rate through its USD 60 million participation in the syndicated project finance facility of USD 140 million to Karpowership. MCB was not only a co-mandated lead arranger but provided the highest loan commitment. The project finance facility is enabling Karpowership to operate its 235 MW Powership alongside the shores of […]

Read more

Africa LNG Report Out Now: Mozambique at Forefront of Global Gas Development

Driven by new discoveries and progressive gas-focused policies, Africa’s LNG consumption and production is set to become one of the fastest growing sub-sectors globally through 2040 Africa Oil & Power (AOP) (https://www.AfricaOilAndPower.com) has launched its Africa Energy Series: Africa LNG Special Report 2021, dedicated exclusively to Liquefied Natural Gas (LNG) developments and investment across the continent; driven by new discoveries and progressive gas-focused policies, Africa’s LNG consumption and production is set to become one of the fastest growing sub-sectors globally […]

Read more