Nigeria May Lose to Ghana as Host of Africa Energy Bank

Some of Nigeria’s policymakers are still confident that the country will become the host of the…

Afreximbank, APPO to Help Establish the African Energy Bank

Afreximbank and the African Petroleum Producers Organization (APPO) are working together to establish the African Energy…

World Bank Funds Renewable Energy Drive in Africa with $300 million

The World Bank has allocated $300 million to bolster renewable energy drive access in Eastern and…

Scatec Signs $100m Loan with World Bank for Clean Energy in Africa

Scatec (Release) signed a $100 million loan agreement with the World Bank’s International Finance Corporation (IFC) to replace…

South Africa Signs Deal with World Bank, AfDB, KfW for Energy Transition

South Africa has signed major loan agreements with the World Bank, Germany’s Kreditanstalt für Wiederaufbau (KfW),…

Africa Needs Investments in Energy, Infrastructure– Standard Bank

Standard Bank, Africa’s biggest lender by assets, has said Sub-Saharan Africa, the most vulnerable region in the world…

APPO Invests $5 Billion in African Energy Bank

The African Petroleum Producers Organisation (APPO) has announced a $5 billion investment to establish an African…

West African Countries to Benefit from World Bank Renewable Energy Projects

World Bank approves US$311m to increase grid-connected renewable energy capacity for West Africa. Liberia, Chad, Sierra…

Mauritius Commercial Bank Commits To Helping Africa’s Energy Goals

MCB commits to helping Africa reach its transition and electrification goals.  MCB has recently participated in…

Nigeria Has the Highest Energy Deficit in Africa – World Bank

Over 90 million Nigerians were not connected to the national grid. FCMB has provided over $6…