USD69m for Gabon renewable energy


Image: By BiztechAfrica
USD69m for Gabon renewable energy

The Board of Directors of the African Development Bank (AfDB) Group, through its private sector window, has approved a senior loan of USD69 million (€57.5 million) to the Coder Hydropower Project for the design, construction and operation of two run-of-river hydro projects in Ngounie Province and North Gabon. 

The project consists of two run-of-river hydroelectric power plants, a 70 MW plant in the Ngounie Province and a 52MW plant in north Gabon.

Despite a high electricity access rate of up to 83%, the Gabon electricity sector still faces frequent electricity shortages and blackouts resulting from high urbanization.

Gabon’s current power shortages hinder the country’s economic and social growth, making it a high governmental priority to revitalize the electricity supply and lower electricity prices.The government's goal is to increase generating facilities from 373 MW to 1200 MW by 2020.

The current electricity production is split about 50:50 between hydro and diesel oil and Gabon also want to cut environmentally unfriendly and costly diesel power generation.

The project, with a two-year completion target, will provide electricity to the national grid as well as providing security of supply to rural areas. The completion of this project is crucial for Gabon as it will allow the country to boost its economic growth.

The main development outcomes stem from the addition of 122 MW of renewable energy will increase the current national production capacity by about a third.  It is also expected to help catalyze an additional 300 MW of hydro development in the next few years, out of Gabon’s total hydro potential of 5000 MW. 

The planned electricity generation of this plant is expected to save 530,000 tons of CO2 emissions per year. Moreover, as the first independent power project in a country with a transnational transmission line, Coder will strongly stimulate private sector development in Gabon and will create critical infrastructure to enable future regional inter-connections.

Neside Tas Anvaripour, head of infrastructure finance and PPP at the AfDB said: “The project will deliver base-load energy at a highly competitive price, thereby helping Gabon diversify away from fossil fuels. Further, the project will lead to the creation of hundreds of jobs during the construction and operation phases. The increased capacity will reduce blackouts and thus improve the efficiency and competitiveness of business activity in Gabon. The additional capacity will also expand electricity access to rural areas". 

The project is squarely in line with Gabon’s national power and development strategy, which emphasizes infrastructure development. The Gabonese government will benefit from substantial increases in revenues directly and indirectly from the economic growth stimulated by the Coder project. 

Share the News

Get Daily Newsletter

comments powered by Disqus


Samsung leaves legacy of hope in Uganda

Nsangi Secondary School in Uganda’s Wakiso District has received a Solar Powered Internet School from Samsung. Read More

Botswana takes its atomic and nuclear energy stance to world stage

Recently, Botswana’s Minister of Science and Technology Nonofo Molefhi addressed the rare and august gathering of the members of the International Atomic Energy Agency (IAEA) to convey Botswana's plans for the sector.  Read More

MTN, Ericsson announce e-waste disposal partnership in Côte D’Ivoire

Ericsson and MTN Côte d’Ivoire have announced a partnership to drive the awareness and collection of electronic waste (e-waste).  Read More

Innovative designer takes e-waste to another level

Gladys Muyenzelwa is a Gaborone based artist and designer who has an eye for ethnic and contemporary design. But unlike other designers, Muyenzelwa has found a way of using e-waste to make her creations.  Read More

Barefoot college grads get ‘stately’ welcome home

A team of women has returned home to Botswana after a six-month mission to learn solar technology skills in India. Read More

BDC supports clean energy for sustainable growth

Botswana Development Corporation (BDC) continues to lead the charge in driving debate and provoking impactful ideas on how to champion increased sustainability.  Read More

Venmyn Deloitte predicts shift to more decentralised power generation

With the Southern African power pool facing a net power deficit, Venmyn Deloitte says coal-fired energy will continue to remain relevant. Read More

Huawei, SATA to drive ICT development through partnership

Huawei has signed a Memorandum of Understanding (MoU) with the Southern Africa Telecommunications Association (SATA). Read More

Safaricom, USIU launch student mentorship programme

Safaricom has partnered with USIU–Africa to launch a one-year mentorship programme that will see students undertaking various degree courses at the university paired with mentors from the telecommunications company.  Read More

Stanbic Ghana rolls out solar ATMs

Stanbic Bank has rolled out what it believes to be the first solar powered offsite ATMs in Ghana. Read More


Sage ERP AfricaSAP AfricaSage Pastel AccountingTrust PayVMWareSamsung ElectronicsMitsumi DistributionPhoenix DistributionMTN BusinessSchneider ElectricMultichoiceMicrosoft 4Afrika


Innovative designer takes e-waste to another levelInnovative designer takes e-waste to another level

Gladys Muyenzelwa is a Gaborone based artist and designer who has an eye for ethnic and contemporary design. But unlike other designers, Muyenzelwa has found a way of using e-waste to make her creations. 


High tech homes: Just press playHigh tech homes: Just press play

High tech, digital homes where everything is automated and connected aren’t the stuff of science fiction any longer, says BNC Technology.


Luba Freeport streamlines its sea of paper with Sage X3

Luba Freeport has implemented the Finance and Distribution modules of the Sage X3 business management solution to automate its business processes across finance and operations.