DRC: Nuru secures $1.5m for solar mini-grids in Goma, Kindu and Bunia

E3 Capital (previously Energy Access Ventures), Renewable Energy Performance Platform (REPP), and Proparco, the French Development…

Afrigreen Raises €87 million to Support the Energy Transition of SMEs

Afrigreen Debt Impact Fund, which has finished its first round of fundraising. 87.5 million from a…

Qotto Raises $8m to Distribute Solar Home Systems

Qotto just finished a Series A round of fundraising with multiple investors to expand throughout West…

Toyota Wins Menengai Geothermal Power Plant Contract

The engineering, procurement, and construction (EPC) contract for the geothermal power plant in western Kenya has…

Oikocredit Lends Yellow $5 million for Solar Kit Roll-Out

Yellow is obtaining funding to increase its operations in sub-Saharan Africa. The $5 million loan was…

Propoarco, Investec Commits $80mn to Climate Projects

Proparco partners with Investec Bank to implement the Transforming Financial Systems for Climate (TFSC) program with…

SolarX Secures €7.5m Credit to Provide Solar to C&I Customers

The Energy Inclusion Facility (EIF) provides a €7.5 million credit facility to SolarX. The West African…

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…

SEFA Releases $10m for Drilling Tulu Moye Geothermal Site

The African Development Bank (AfDB) is financing geothermal energy in Ethiopia with $10 million in funding…

Baoma-1 Solar Plant Commence Operation

The first solar power plant developed by an independent power producer (IPP) in Sierra Leone is…