Nigeria: CEEC and Chinese Groups in the lead on power transmission projects
CEEC Jiangsu Power Design Institute has been awarded a $46.7 million contract.
21/07/2021 at 18h45, by Africa Business+
Chinese companies have now decided to invest in the titanic Nigerian power grid reinforcement project. On 9 July, CEEC Jiangsu Power Design Institute, a subsidiary of China Energy Engineering Corporation (CEEC) (117,000 employees and €2 billion in turnover), signed a contract with the World Bank, the donor, to carry out lot 1 of the first phase of the programme.
Recommended articles
Energy
20/04/2022 at 16h52, by Africa Business+
Transmission Company of Nigeria CEO Sule Ahmed Abdulaziz selects two Chinese bids for $155 million network extension
The proposals from Xian Electric/Sumec Complete Equipment and North China Power Engineering were approved...
Oil & Gas
15/07/2021 at 15h10, by Africa Business+
OPL 245 saga: arbitral tribunal validated by ENI and Nigeria
In the space of ten months, the two parties have agreed on the tribunal’s composition to settle a multi-billion...
Industry
20/05/2021 at 17h00, by Africa Business+
Dolidol CEO Jalil Skali aims for the Nigerian market—and more
The Moroccan mattress manufacturer, owned by the Berrada Sounni family, made its first sub-Saharan foray...
New technologies
09/04/2021 at 17h10, by Africa Business+
Olugbenga Agboola’s Flutterwave staff made up of USA financiers and Nigerian managers
The fintech, valued at over $1 billion, is surrounded by the finest Californian and New York investors....
News
31/03/2021 at 18h32, by Africa Business+
Sonabel’s Baba Ahmed Coulibaly presents Serf two contracts for Nigeria-Niger-Benin-Burkina power interconnection
Insider information from Jeune Afrique Business +.