The Climate Investment Funds (CIF) has endorsed a $70 million plan, with an initial allocation of…
Category: East Africa
BYD, China’s Electric Vehicle Manufacturer to Expand into Rwanda
China’s leading electric vehicle manufacturer, Build Your Dreams (BYD), is gearing up to significantly expand into…
Kenya Loses $200m Amidst Oil Dispute with Uganda
New data has shown that Kenya’s oil fallout with Uganda late last year has amounted to…
Kenya Power Issues Power Outage Notice
Kenya Power has issued a notice to Kenyans of power interruptions in some parts of the…
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…
Africa’s Geothermal Sector to Attract $35bn Investments by 2050 — Rystad Energy
Africa’s geothermal sector will attract at least $35 billion in investments by 2050, showing geothermal’s critical…
Kenya Doubles Electricity Imports from Ethiopia, Uganda
Despite increased demand, Kenya has exceeded double its electricity imports from neighbouring countries. The Kenya National…
IFC Announces $30m Equity Investment in Africa Infrastructure Investment Fund
The International Finance Corporation (IFC) announced a $30 million equity investment in the Africa Infrastructure Investment…
ATIDI to Support 20MW Solar Project in Uganda
African Trade & Investment Development Insurance (ATIDI) announced its plans to support the 20 megawatts Ituka…
Kenya’s EPRA Hikes Electricity Price by 16.5%
Kenya’s Energy and Petroleum Regulatory Authority (EPRA) has announced another electricity price hike of 16.5 per…