Puma Energy Acquires 49% Stake in Renewable Energy Firm

Puma Energy has acquired a 49 per cent stake in MBHE Group, a renewable energy solutions provider across Southern Africa and the continent.…

UAE Supports AMEA Power’s Expansion into Mozambique

Dubai International Chamber has contributed to expanding UAE-based renewable energy firm AMEA Power into Africa through…

Zambia Unveils $200m Green Bond For Solar Energy Push

Zambia enters the green bond market with a $200 million program led by Copperbelt Energy Corporation…

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…

Kenya Startups Attracted $800m Venture Capital in 2023 –Report

Kenyan startups attracted $800 million (Sh127.2bn) in venture capital in 2023, surpassing Egypt, Nigeria and South…

Scatec Projects Rise in South Africa’s Solar PV Capacity this Year

Scatec, a renewable energy firm, says solar photovoltaic (PV) capacity will grow significantly in South Africa this year. The…

Zimbabwe Energy Regulator Hikes Fuel Prices Effective from January 4

The Zimbabwe Energy Regulatory Authority (ZERA) has raised fuel prices effective January 4, 2024, despite fuel…

SA Selects CIP, EDF as Preferred Bidders for three BESS Projects

South Africa’s Department of Mineral Resources and Energy has selected a consortium comprising Copenhagen Infrastructure Partners…

Eskom Withdraws Grid Access for Karpowership

Eskom Holdings SOC Ltd., South Africa’s state-owned power utility, has withdrawn transmission capacity (grid access) reservations…

Kinetic Energy to Expand Natural Gas in South Africa

The recently signed liquefied natural gas (LNG) development project in South Africa’s Mpumalanga province is a…