Rhovan, a vanadium mining and processing facility managed by Glencore Ferroalloys, is embarking on a transformative…
Category: Southern Africa
Mozambique to End Hydropower Supply to Eskom
Mozambique plans to end hydropower supply to Eskom. This is raising risks for South Africa’s economy and…
Globeleq Restructures $37m Debt for Solar Plants in South Africa
Globeleq, an Independent Power Producer (IPP), restructures $37 million in senior debt for its Aries and…
Eskom to Implement 16-hour Power Outage in NorthWest
Due to planned maintenance, Eskom, South Africa’s utility firm, has disclosed that it will implement a…
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…