Home
FacebookTwitterSearchMenu
  • Subscribe
  • Subscribe
  • News
  • Features
  • Knowledge Library
  • Columns
  • Customs
  • Jobs
  • Directory
  • FX Rates
  • Categories
    • Categories
    • Africa
    • Air Freight
    • BEE
    • Border Beat
    • COVID-19
    • Crime
    • Customs
    • Domestic
    • Duty Calls
    • Economy
    • Employment
    • Energy/Fuel
    • Events
    • Freight & Trading Weekly
    • Imports and Exports
    • Infrastructure
    • International
    • Logistics
    • Other
    • People
    • Road/Rail Freight
    • Sea Freight
    • Skills & Training
    • Social Development
    • Sustainability
    • Technology
    • Trade/Investment
    • Webinars
  • Contact us
    • Contact us
    • About Us
    • Advertise
    • Send us news
    • Editorial Guidelines
Africa

Karpowership pulls another African plug

20 Oct 2023 - by Staff reporter
0 Comments

Share

  • Facebook
  • Twitter
  • Google+
  • LinkedIn
  • E-mail
  • Print

An acknowledged unpaid bill for at least $15 million has resulted in Turkish company Karpowership Holdings pulling the electricity plug on Guinea-Bissau’s capital of Bissau - the second such action in Africa after it did so in Sierra Leone’s capital Freetown last month over an unpaid bill of $40m.

The Bissau cut disrupted daily life, with hospitals affected and radio stations off air.

Economy Minister Suleimane Seidi acknowledged the arrears this week, saying most of the bill would be paid in 15 days.

Karpowership is one of the world's biggest floating power plant operators, supplying several African states.

But it has taken a tough line over non-payment. The Turkish company has also signed a deal to supply power to South Africa, saying it will cover more than 5% of the country's total electricity needs.

Power was cut in Bissau, a city with a population of more than 400 000, in the early hours of Tuesday and has not been restored, according to a resident.

Some public hospitals are now using generators to carry out surgery, local media reports say, as heat reaches 40 degrees.

State-run Rádio Nacional is among media outlets that have stopped broadcasting.

Karpowership says it has been supplying 100% of Guinea-Bissau's electricity since signing a five-year agreement with the state-owned electricity and water utility company in 2019.

The country is one of the poorest in the world and has been beset by instability since independence.

"Unfortunately, following a protracted period of non-payment, our [floating power plant] is now unable to continue operating," a Karpowership spokesperson was quoted by the Reuters news agency as saying.

"We are working around the clock with officials to resolve this issue and we aim to have generation back online as soon as possible," the spokesperson added.

Guinea-Bissau’s Energy Minister, Isuf Baldé, said $6m of the $15m bill had been paid.

Karpowership supplies electricity to six other African countries - Ghana, The Gambia, Ivory Coast, Mozambique, Senegal and Sierra Leone.

Its involvement in the electricity sector is the latest example of Tukey's growing influence in Africa.

Although access to electricity has increased in sub-Saharan Africa in recent years, it still remains low, with more than 50% of the region's population having no grid connection, according to the United Nations Conference on Trade and Development.

Sign up to our mailing list and get daily news headlines and weekly features directly to your inbox free.
Subscribe to receive print copies of Freight News Features to your door.

West Africa marks historic ULCV milestone

Imports and Exports
Logistics

The Port of Lomé has undergone a decade of rapid transformation to reach this point.

28 May 2025
0 Comments

China Airlines rolls out wider digital integration

Air Freight
Logistics
Technology

WebCarg is linked to 7LFreight’s rate management system for dynamic pricing and instant bookings.

28 May 2025
0 Comments

Police seize counterfeit goods worth R400m

Crime
Imports and Exports
Logistics

A raid of a freight warehouse in Durban led to the recovery of branded clothing and kitchenware.

28 May 2025
0 Comments

Looming food security crisis over SA’s Brazil poultry ban

Imports and Exports

Meat importers warn that the local industry will not be able to plug the gap left by the ban.

28 May 2025
0 Comments

Institute conference set to focus on regional connectivity

Events
Logistics

The event brings together transport and logistics professionals from across the continent.

28 May 2025
0 Comments

Punishing duties backfire on US economy

Economy
Imports and Exports

“South Africa must follow its own fiscal policies rather than the US Federal Reserve.” – Ricardo Smith, Absa chief investment officer.

28 May 2025
0 Comments

RFA warns of imminent B-BBEE codes risk

Logistics
Road/Rail Freight

The association plans to meet with the transport minister to discuss how the codes will hurt the industry.

27 May 2025
0 Comments

OBITUARY: Trade giant Pat Corbin passes on

Logistics
People
Trade/Investment

Over the years, Corbin was intrinsically involved in international trade, finance and logistics.

27 May 2025
0 Comments

South Africa cements position as leading apple exporter

Imports and Exports

South Africa is growing its lead over rival Chile since surpassing it in 2023.

27 May 2025
0 Comments

DRC-Walvis Bay trade route in development

Road/Rail Freight

The new corridor will be 235km shorter than the current Walvis Bay-Ndola-Lubumbashi corridor and up to seven days faster.

27 May 2025
0 Comments

MSC confirms weekly continuation of SA-US direct sailings

Sea Freight

In total, eight vessels will be deployed for the express service to America's East Coast.

27 May 2025
0 Comments

DP World plans $2.5 bn expansion

Infrastructure
Logistics

From Ecuador to England and Senegal to India the company is growing its global logistics network through infrastructure investment.

27 May 2025
0 Comments
  • More

FeatureClick to view

Durban & Richards Bay 6 June 2025

Border Beat

Zim's anti-smuggling measures delay legitimate freight operations
06 Jun 2025
Cross-border payments remain a hurdle – Masondo
30 May 2025
BMA steps in to help DG and FMCG cargo at Groblersbrug
21 May 2025
More

Featured Jobs

New

Seafreight Import / Export Controller DBN

Tiger Recruitment
Durban
09 Jun
New

Transport Operations Manager

Lee Botti & Associates
Durban
09 Jun
More Jobs
  • © Now Media
  • Privacy Policy
  • Freight News RSS
  • About Us
  • Advertise
  • Send us news
  • Contact us