The Nigerian energy sector experienced 16.8% inflation in October 2022. The persistent naira depreciation contributes immensely…
Category: News
Benin Republic to Pilot 1.7 MW Rural Mini-Grid Solar Project
Four firms to develop a 1.7 megawatt (MW) solar power project in Benin. The mini-grid project…
Engie to Build a 3,000 MW Wind Farm in the Gulf of Suez
Engie signs a contract with the Egyptian authorities to develop a 3,000 MW wind farm. The…
New Climate Finance Roadmap Approved by Experts
Global experts consent to a new climate finance roadmap to mobilize more robust financing for climate…
AllianzGI, EIB Announces $100m for RE Investment
Allianz Global Investors and EIB announce a combined $100 million fund for renewable energy projects. The…
HDF, EIB Collaborates for Namibia’s First Hydrogen Plant
HDF and EIB build Namibia’s first hydrogen plant. Namibia’s green hydrogen industry is worth €500 million.…
EGYPT: Africa’s First Green Hydrogen Plant Situated in Ain Sokhna
A consortium of companies is commissioning Africa’s first green hydrogen production facility. The facility is situated…
Fortescue to Produce Green Ammonia for Agriculture in Naivasha
Fortescue Future Industries (FFI) signs a contract with the Kenyan authorities to decarbonize agriculture. FFI plans…
ECREEE, GGGI Announces $75m for RE Facility
ECREEE and GGGI propose EREF for business growth in West Africa. The facility is said to…
InfraCredit to Support Nigeria with Clean Energy Investments
InfraCredit announces £10 million co-financing arrangement with FCDO The project will electrify about 7,711 unserved households…