AfDB Invests $10 Million in African Climate Fund.

The African Development Bank Group (AfDB) approved a $10 million junior equity investment in the KawiSafi…

World Bank Targets $20 Billion in Annual Guarantees

The World Bank Group launched a new loan and investment guarantee platform on Monday, July 1,…

Nigerian Businesses Waste ₦5 Trillion Yearly on Inefficient Power Generation – All-On, Nextier Report

In a recently released energy business report put together by impact investor All-On and multi-complacency firm…

Arnergy Secures $3m Funding to Enhance Solar in Nigeria

Arnergy, a distributed renewable energy solutions provider, has secured $3 million additional funding to enhance solar…

REA Says Over 100 Mini-grids Now Operating in Nigeria

The Federal Government has disclosed through the Rural Electrification Agency (REA) that over 100 electricity mini-grids…

Auxano Launches 100MW Solar Plant in Lagos

Auxano, an off-grid energy firm, has launched a 100 megawatts (MW) solar manufacturing plant as part…

Tata Power Partners with Dugar Power for Renewables

Tata Power Renewable Energy Ltd. (TPREL) has Partnered with Dugar Power Private Limited to restructure Nepal’s…

Qotto Raises $8m to Distribute Solar Home Systems

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

Bboxx and EDF Loans $11m for electrification

Solar home system providers Bboxx and Électricité de France (EDF) in Togo are getting an $11…

Mirova Funds $5m for BioLite’s Solar Home Systems

The funding for BioLite has been disclosed by the investment firm Mirova SunFunder at $5.3 million.…