As of 2023, Ghana, Kenya and Rwanda Led the Way in Africa for Power Grid Upgrades – IEA

In the International Energy Agency’s (IEA) October 2023 report on Electricity Grids and Secure Energy Transitions,…

AfDB, Trade and Development Bank to Finance $15m Clean Technologies in Africa

The African Development Bank (AfDB) Group has announced a follow-up equity investment of $15 million in…

Mozambique Eyes Africa’s Hydropower Crown with $5 Billion Energy Overhaul

Mozambique aims to position itself as Africa’s biggest hydropower producer. The country has rich hydropower, wind,…

IFC, SIMA Launch $150m Solar Green Bond for African Solar Developers

The World Bank’s International Finance Corporation (IFC), in partnership with Social Investment Managers and Advisors LLC…

Swire Acquires Obelisk Energy in South Africa, Ireland

Swire Renewable Energy A/S, a renewable energy maintenance and services company owned by the Swire Group,…

OPEC Funds 55 Renewable Energy Projects with $1.7bn in Africa, Others

Several renewable energy projects in Africa have benefitted from the $1.7 billion financing from the Organization…

Italy Commits 5.5 Billion Euros For African Development

At the Italy-Africa Summit on January 29, 2024, Prime Minister Georgia Meloni unveiled a 5.5 billion…

Rhovan Commences 25MW Solar PV Plant in South Africa

Rhovan, a vanadium mining and processing facility managed by Glencore Ferroalloys, is embarking on a transformative…

PFO Africa Secures 52MW Solar Power Plant in Ivory Coast

Abidjan-based PFO Africa is expanding into energy with a new concession agreement with the Ivorian government.…

Italy Reveals Energy, Migration Plan for Africa

The Prime Minister of Italy, Giorgia Meloni, unveiled her plan for the continent during a summit…