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…

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…

World Bank to Support Ethiopia’s Efforts to Ensure Energy Access

The World Bank has appreciated Ethiopia’s progress and reaffirmed the Bank’s steadfast commitment to supporting the…

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…

WEF: Stakeholders Launch Clean Energy Initiative for Developing Countries

The Clean Energy Investment Mobilization Network for the Global South was launched after the World Economic…

Renewable Energy: Urgent Action Necessary for 2030 Targets

The International Energy Agency (IEA) reported a 50 per cent increase in new renewable energy capacity…

OMP to Install 1.56MWp Solar System in Gabon

Owendo Mineral Port (OMP) is going green by installing a 1.56 MWp solar system strategically 21…

Tanzania, Rwanda and Somalia Selected for World Bank’s Clean Energy Programme

Tanzania, Rwanda and Somalia are among four countries selected as pilots for a new World Bank…

Changing DisCos’ Ownership Won’t Solve Nigeria’s Power Supply Issues –Stakeholders

Stakeholders in the power sector have said that changing the ownership of electricity Distribution Companies (Discos)…

World Bank Approves $750m for Renewable Energy Project in Nigeria

The World Bank announced on Friday that it has approved the Nigeria Distributed Access through Renewable…