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…

Nigeria, Saudi Arabia to Develop Solid Minerals Sector

Nigeria and Saudi Arabia have resolved to strengthen collaboration between both countries to enhance the development…

Kenya Joins Consortium to Develop BESS

Kenya has joined the nine African countries to form a consortium leading the world to develop…

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…

Portugal Generates 61% Electricity from Renewables

REN, Portugal’s grid operator, said renewable power sources supplied 61% of electricity to the country in…

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…

BUA Group to Set Up 700-ton LNG Project in Nigeria

BUA Group, a food, mining, manufacturing, and industrial conglomerate in Africa, has signed an agreement with…

Consortium Seals $5bn for Hydroelectric Project in Mozambique

A consortium comprising TotalEnergies, Électricité de France (EDF), and Sumitomo Corporation has signed crucial agreements with…

South Africa Opens Bids for 5GW Renewable Power Generation

South Africa has launched bidding rounds for 5,000 megawatts (MW) of new power generation capacity from…

Italy to Invest in Africa –Eni

Eni, Italy’s largest importer of natural gas and a state-controlled energy multinational has said that Italy…