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Sunday 30 April 2017


[N] More than 300 Libya based Ghanaians voluntarily repatriate
[N] Respect Akufo-Addo’s choice of MMDCEs – Western Region NPP
[N] Kumasi ‘Prison inmates live by miracle’ - PRO  
[N] Ashanti police at war with gangs
[N] Man jailed 15 years for robbing KNUST students


[N] National Migration Policy not implemented one year after launch - ACILA
[N] US to deport 7000 Ghanaians – Ambassador
[N] Ghana AIDS Commission gets new board
[N] Nine sustain injuries in accident on Graphic Road
[N] Prepare for Ken Agyapong’s funeral - NDC Communicator to family
[N] Planting for Food and Jobs: Figures to note as project takes off
[N] 19 galamsey machines burnt
[N] Ibrahim Mahama’s companies to pay GHC12.4m in two weeks
[N] ‘Fraudulent’ AMERI has no expertise in power projects – Philip Addison


[N] Angry NPP youth on rampage; burn billboards over MMDCE nominations
[N] Farmer beheads son in Western Region
[N] Police nab illegal ECG meter dealer in Ashanti Region
[N] I’m not sabotaging Akufo-Addo’s free SHS – Mahama
[N] Visa fraud: UK bans 4 MPs for 10 years
[N] AMERI didn’t pay us per diem – Addison Committee
[N] Akufo-Addo to name MMDCE nominees today
[N] Jail Ibrahim Mahama - Lawyer Kwame Adofo
[N] National Security unaware of raid at Nii Lantey Vanderpuye's house - Wife of MP
[N] Soldiers deployed as NPP men vandalise Zebilla MP’s residence
[N] Mahama not sabotaging 'Free SHS' - Bawa Mogtari
[N] Army chief suspended over ‘galamsey’


[N] Suspect smears himself with faeces to avoid trial
[N] Government is witch-hunting Ibrahim – NDC
[N] Ibrahim Mahama warned GRA not to withdraw cheques - Amaliba
[N] Ibrahim Mahama closed his accounts after issuing the cheques – GRA insists
[N] TMA Engineer faces possible sanctions over GHC80,000 fraud case
[N] Fire is not candle to be blown off easily – GNFS rubbishes criticisms
[N] Illegal miners in Tarkwa promise to show MP 'pepper' for planning to stop galams
[A] Court orders arrest of musician
[N] Court prosecutes landlords without toilet facilities
[N] Work to resume at Kumasi Military hospital
[N] Best snacks for people with type 2 diabetes
[N] EOCO probes customs over Ibrahim Mahama's 44 dud cheques
[N] Is Nana Addo learning incompetence from Rawlings, Mahama? - Kwesi Pratt asks  


[N] 2 Ghanaian workers arrested for killing Chinese employer
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[ 2017-03-20 ]

S.A’s Eskom signs R6bn deal with France’s AFD
Eskom and AFD today signed a R 6 billion (€400
million) multi-tranche framework agreement to
support Eskom investments in the extension and
reinforcement of its power transmission grid.

Eskom’s Chief Financial Officer Anoj Singh said:
“This multi-tranche loan facility will contribute
towards Eskom plans to strengthen and refurbish
the transmission infrastructure while diversifying
our funding structures.”

AFD’s funding will focus on transmission lines and
substations that support grid strengthening in
areas where the development of future renewable
energy sources are envisaged as well as to support
the facilitation of cross-border transmission
projects. As such, the funding will contribute to
AFD’s global objective of dedicating 50% of its
funding to development projects that have a
climate change co-benefit.

AFD’s Chief Executive Officer, Rémy Rioux, said:
“This new funding to Eskom reiterates the
willingness of AFD to be a key financial partner
of the South-African utility. Since the beginning
of our engagement with Eskom, almost 10 years ago,
we have made the choice to focus our support on
targeted areas where we believe a development
finance institution like AFD can provide the most
value-added, i.e. renewable energy production,
renewable energy related grid reinforcement and
expansion, as well as technical knowledge

This funding represents the first multi-tranche
facility approved by AFD in the African continent.
This new instrument recently developed by AFD
opens a 3-year window during which the funding is
made available to Eskom to finance projects that
are compliant with eligibility criteria that have
been agreed upon between AFD and Eskom, namely: be
part of Eskom’s Transmission Development Plan,
contribute to the evacuation of the renewable
energy (existing or future) and/or facilitate the
development of cross-border transmission

This multi-tranche facility provides Eskom with
mid-term visibility on the availability of funding
for its Transmission Development Plan. It also
reinforces AFD’s position as a long-term partner
of the South-African power utility – since its
first €100 million financing approved in 2007 for
the Sere wind farm, and the recent signing a €150
million (R2.3 billion) facility to support Eskom
investments in the distribution network.

The multi-tranche facility has been approved while
the partnership between Eskom and Électricité de
France (EDF) – that was entered into in November
2015 – is completed. The partnership grant
provided by AFD and the French Ministry of Finance
focused on knowledge, experience and expertise
sharing between the two utilities, on various
areas, including smart grids. The partnership has
produced recommendations that will improve
performance in terms of system efficiency and
reliability. The multi-tranche facility will build
on the results of this partnership to develop

“We appreciate AFD’s long-standing commitment and
support and are pleased that we can continue the
valuable partnership with this organisation whose
mission is to improve and support Africa’s energy
development goals and mobilise resources for the
continent’s economic and social development”, said
Eskom’s Interim Group Chief Executive Matshela

Source - CNBC Africa

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