AfDB Grants South Africa $474.6m Loan to Boost Energy

The African Development Bank (AfDB) has approved a $474.6 million loan to South Africa to accelerate…

Ghana to Raise $4bn for 24-hour Economy Initiative

The Ghanaian government plans to raise $4 billion over the next four years to fund its…

Afreximbank Calls for More Green Infrastructure Investment

The African Export-Import Bank (Afreximbank) has urged stronger and more coordinated investments in green infrastructure across…

NCC, REA Partner to Cut Telecom Diesel Use with Renewables

The Nigerian Communications Commission (NCC) and the Rural Electrification Agency (REA) have launched a joint initiative…

Saudi Arabia, Indonesia Sign $27bn in Energy Deal

Saudi Arabia and Indonesia have signed multiple agreements and memorandums of understanding valued at approximately $27…

Tranos Begins Construction of Solar Panel Factory in Nigeria

Tranos, a Nigerian engineering and manufacturing company, has started building an 800-megawatt (MW) solar photovoltaic (PV)…

ACWA Power Invests in China’s Renewable Energy Market

ACWA Power, a leading energy and desalination company based in Riyadh, Saudi Arabia, plans to increase…

Hungary Boosts Grid Stability with MAVIR’s 20 MW BESS

MAVIR, Hungary’s electricity transmission system operator, has officially launched a 20 MW battery energy storage system…

Globeleq, African Rainbow Energy Finalise 153 MW/612 MWh BESS Project Deal

Globeleq and African Rainbow Energy have reached commercial close on the 153 MW/612 MWh Red Sands…

Octopus Energy Launches $250m Africa Fund for Energy Transition

Octopus Energy Generation, the renewables investment arm of UK-based Octopus Energy, has launched the Octopus Energy…