Several renewable energy projects in Africa have benefitted from the $1.7 billion financing from the Organization…
Search Results for: climate finance
Germany Boosts Hydrogen Power in Renewable Energy Push
Germany’s ruling coalition plans to subsidise hydrogen power plants to address renewable energy push. A tender…
IFC Invests $20m in Africa50 for Sustainable Infrastructure
The International Finance Corporation (IFC) invests $20 million in the Africa50 Sustainable Infrastructure Acceleration Fund (IAF).…
Financing Clean Energy Projects: Opportunities and Challenges and Opportunities in Africa
Despite having one-fifth of the world’s population, Africa currently accounts for only 3% of global energy…
NIGUS Signs $1bn Agreement with Chinese Firm to Curb Gas Flaring
A Nigerian energy company, NIGUS International, has signed a $1 billion agreement with a Chinese firm,…
BlackRock Invests $400m in Positive Zero for Gulf Countries’ Energy Transition
Positive Zero, a Dubai-based decarbonisation firm, secured a significant investment of up to $400 million from…
Credit Agricole to Halt New Fossil Fuel Project Financing
Today, France’s second-largest listed bank, Credit Agricole, said it would stop financing new fossil fuel extraction…
COP28: Zambia to Get First Green Bond by Year-End
Zambia’s Copperbelt Energy Corporation Plc (CEC) has announced the registration of its green bond with the…
Nigeria, Africa to Benefit from Italy’s €5m Sustainable Energy Fund
During a side event at the ongoing COP28 in Dubai, Italy announced a new contribution of…
AfDB Commits €101m to Electricity in Kenya
The Board of Directors of the African Development Bank (AfDB) Group have approved a €101.10 million loan…