African venture dealt death blow to vintage Norwegian firm

A failed project in Tanzania and due debts exceeding NOK 500 million sent Jacobsen Elektro over the edge. The estate liquidator informs that similar debts will soon mature from Ghana.
The 150 MW Kenyerezi installation in Tanzania, built for Tanesco, sent Jacobsen Elektro toward insolvency. | Photo: PR / Jacobsen Elektro
The 150 MW Kenyerezi installation in Tanzania, built for Tanesco, sent Jacobsen Elektro toward insolvency. | Photo: PR / Jacobsen Elektro

Early 2020 has seen lots of lists made about items that seem essential for society but which didn't exist in 2010. These lists burgeon with products like the iPhone, Snapchat, Instagram, grocery delivery boxes etc.

Already a subscriber?Log in here

Read the whole article

Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
Must contain at least 6 characters
Must contain at least 2 characters
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Share article

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Newsletter terms

Front page now


Further reading