SEFA Finances Studies for Biomass Plants in Ghana and Sierra Leone

NewAfrica Impact plans to produce 5 MW of electricity for each power plant using agroforestry waste…

 Sun King Receives $10 million Green Bonds

Symbiotics Investments has issued $10 million green bond from Proparco to develop Sun king’s activities in…

KenGen Signs Deal with Toshiba over Geothermal Partnership

Both companies will exploit geothermal energy in several countries. KenGen is the leading producer of geothermal…

Elsewedy to Provide $150m Credit for RE Development in Egypt

Elsewedy Electric is granting a $150 million loan to boost renewable energy development in Africa. The…

GWEC Launches Initiative to Accelerate Wind Deployment

  The GWEC has launched an initiative to accelerate the deployment of wind energy in Africa.…

Germany Commits $134.5m to SEFA

  German government commits $134m to SEFA. SEFA aims to unlock private investment in clean energy…

SEFA Approves Record Number of Transactions in 2020, Secures $90 Million in New Funding

The Sustainable Energy Fund for Africa (SEFA) approved seven high-impact projects worth $54 million in 2020,…

AFDB Set to Commence ‘Desert-to-Power’ Initiative in Nigeria

While speaking at the African Investment Conference, Adesina stated that the bank would begin implementing the…

Tanzania to Build Grid Interconnector with Zambia

Tanzania is building a grid interconnector with Zambia to help assist in mitigating a drought-driven power…

Russia is Set to Establish an Oil Refinery in Congo

The Congo Republic, an oil-rich nation, is now considering the feasibility of establishing an oil refinery.…