Bloomberg Angola may buy as much as 5,000 megawatts from neighbouring Democratic Republic of Congo’s proposed $14 billion hydropower plant. In its current design, the Inga III dam would be the biggest hydropower plant in Africa, generating 11,050 megawatts. The two partners developing the project — one Chinese, one Spanish — submitted a joint proposal to the Congolese government last ...

Bloomberg East Africa’s largest economy needs between $15 billion and $18 billion to achieve all-round electricity access by 2022, according to Power For All, a global coalition of 200 private and public organisations campaigning for universal reach. “With almost $15 billion in investment into a suite of projects — geothermal, off-grid, energy efficiency, transmission — Kenya could achieve universal access ...

Bloomberg The Trump administration may delay a decision on whether to slap tariffs on European automobiles after an intense lobbying campaign by German carmakers highlighted plans to shift global production to American suppliers, people familiar with the White House deliberations said. In May, President Donald Trump gave himself a deadline of mid-November to decide whether to impose levies on cars ...