AfDB: Africa’s Hydropower Plant Set for Upgrades

Bank officials of the African Development Bank (AfDB) have announced that the bank is drawing up…

COP28: Scatec Signs Solar Project Pact in Egypt

Norwegian renewable power producer Scatec has signed a pact for a project to deploy 1 GW…

Scatec Wins South Africa’s Battery Storage Project Bid

Norwegian renewable power producer Scatec ASA has won the preferred bidder status for the 103-MW/412-MWh Mogobe/Ferrum…

REA to Showcase Wins at COP28 With Side Events

The Rural Electrification Agency (REA) of Nigeria will host a multi-format side event at the Nigeria…

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),…

OPEC Fund Gets €50m Loan for SMEs, Green Energy in West Africa

The OPEC Fund for International Development has signed a €50 million loan agreement with the West…

Equinor Sells Stake in Nigeria to Chappal Energies

Equinor, a multinational energy company in Norway, has sold its Nigerian business to Chappal Energies as…

AfDB Commits €101m to Electricity in Kenya

The Board of Directors of the African Development Bank (AfDB) Group have approved a €101.10 million loan…

World Bank Funds KenGen’s Battery Storage Project

The World Bank has selected Kenya Electricity Generating Company (KenGen) to execute a battery storage pilot…

Masdar, PwC Release Renewable Energy Report in West Africa

Masdar and PwC Middle East have released a new report showing West Africa’s renewable energy potential.…