The International Finance Corporation (IFC) announced a $30 million equity investment in the Africa Infrastructure Investment…
Category: Southern Africa
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Eskom Holdings SOC Ltd., South Africa’s state-owned power utility, has withdrawn transmission capacity (grid access) reservations…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…
ACWA Power Signs PPA for Solar, BESS in South Africa
Saudi-based independent power producer (IPP), ACWA Power, has signed a power purchase agreement (PPA) with government…
Consortium Seals $5bn for Hydroelectric Project in Mozambique
A consortium comprising TotalEnergies, Électricité de France (EDF), and Sumitomo Corporation has signed crucial agreements with…
NamPower Signs Contract with SDEE, Narada Power for BESS Project
Namibia Power Corporation (NamPower) has signed major Engineering, Procurement and Construction contracts with Shandong Electrical, Engineering &…