At the Italy-Africa Summit on January 29, 2024, Prime Minister Georgia Meloni unveiled a 5.5 billion…
Search Results for: electricity and renewable energy
UK Backs $239M AfDB Loans for Climate Finance Program
The United Kingdom(UK) has guaranteed Mauritius and Benin two African Development Bank (AfDB) loans totalling $239…
Nithio Secures $10m from FMO for Climate-Friendly Initiative
Nithio secures a $10 million commitment from the Netherlands Development Finance Corporation (FMO) for its Facility…
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.…
Senelec Signed €200m Contract to Construct 1350km Transmission Lines
The national electricity company of Senegal (Senelec) has signed a €200 million ($217,570,000) contract with a…
Egypt Secures $100m Loan from EBRD for Green Transition
Egypt is leading in the European Bank for Reconstruction and Development’s (EBRD) 2023 investments in the southern and…
Beeah Group Clinches Sustainability Award at the 11th International Finance Awards
Beeah Group, UAE, won two categories at the 11th International Finance Awards in Dubai. They won…
Ørsted to Acquire 50% Share of Sunrise Wind in New York
Ørsted has signed an agreement with Eversource to acquire Eversource’s 50 per cent share of Sunrise…
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…
Kumasi’s 4.3MW Solar Plant Powers Green Steel in Ghana
Kumasi’s largest rooftop solar power plant, with a 4.3 MW capacity, is now operational. It supplies…