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…

Africa Must Harness Green Hydrogen for Stability –Conex MD

The Managing Director of Conex Liberia, a petroleum company, Amitabh Prasad, has said harnessing the potential…

GWEC Launches First Wind in Africa Report

The Global Wind Energy Council’s (GWEC) Africa WindPower initiative has launched the inaugural “Status of Wind in…

Africa is Using Below 1% of Wind Energy Potential –GWEC

The Africa director of the Global Wind Energy Council (GWEC), Wangari Muchiri, said Africa is utilising less than one per cent…

African Refiners to Adopt Single-Grade Petrol by 2030

The African Refiners and Distributors Association (ARDA) has committed to having a single grade of Premium…