Électricité de France (EDF) has acquired upOwa, a solar home system start-up, bolstering rural electrification efforts…
Category: Central Africa
World Bank Projects 216m Displacement by 2050 Due to Climate Change
The World Bank projects 216 million people, mainly in sub-Saharan Africa, will move by 2050 due…
OMP to Install 1.56MWp Solar System in Gabon
Owendo Mineral Port (OMP) is going green by installing a 1.56 MWp solar system strategically 21…
Northvolt Plans to Source Cobalt from Congo for EV Batteries
Swedish battery maker, Northvolt, said today it is looking to source cobalt, used to make chemicals…
IFC Invests $80m in African Renewable Energy Boost
The International Finance Corporation (IFC) commits $80 million to boost the Facility for Energy Inclusion (FEI)…
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…
AEC Predicts Decline in Oil Production in 2024
According to a report by the Africa Energy Chamber, Africa is likely to have a flat…
Gabon’s Kinguélé Hydroelectric Project Secures €123m Funding
Gabon’s Kinguélé Aval hydroelectric project received an initial disbursement of 81 billion CFA francs (123.4 million…
IMF, Rwanda Sign $262m Deal to Ease Climate-related Shocks
The International Monetary Fund (IMF) staff and the authorities of Rwanda have agreed on a new…
WNA, AFCONE Signs MoU for Energy Development in Africa
The World Nuclear Association (WNA) and the African Commission on Nuclear Energy (AFCONE) have signed a memorandum of understanding (MoU) to…