Benin has obtained a $21.1 million loan from the investment and development bank of the Economic Community of West AfricanRead more
The Egyptian Electricity Transmission Company (EETC) has purchased 3.6 billion Egyptian pounds (nearly $230 million) of electricity from renewable energyRead more
The Kenyan government has recently secured $150 million (over 15 billion Kenyan shillings) from the African Development Bank (AfDB). TheRead more
Persistent Energy Capital LLC, a venture capital firm has just raised $8 million through a crowdfunding action. The funds willRead more
The World Bank has just allocated two grants worth a total of $ 160 million to improve essential services inRead more
An aggressive expansion by the world’s biggest solar manufacturers is underway, spurring a battle for market share and push toRead more
During the 2019 edition of Future Energy Nigeria (FEN) in Lagos in November, the event launched an RE Pitch Session for renewable energy entrepreneurs to connect bankable projects with potential investors and advisors from banks, DFIs and the private equity sector.Read more
The effect that fossil fuels are having on the climate emergency is driving an international push to use low-carbon sources of energy. At the moment, the best options for producing low-carbon energy on a large scale are wind and solar power. But despite improvements over the last few years to both their performance and cost, a significant problem remains: the wind doesn’t always blow, and the sun doesn’t always shine.Read more
Africa is both the world’s least electrified continent and the most vulnerable to climate change.
And as the continent with the world’s fastest-growing population, the decisions that African politicians make to boost power supplies could have an impact both locally and globally.
The French company Total is investing $4 million to supply half of its filling stations in Zimbabwe from small solar power plants. The project will enable the oil company to become more independent from the Zimbabwean power grid.Read more