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…

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…

CIF Endorses $70m for Renewable Energy in Kenya

The  Climate Investment Funds (CIF) has endorsed a $70 million plan, with an initial allocation of…

MOMAN Rebrands to MEMAN, Commits to Clean Energy

The Major Oil Marketers Association of Nigeria (MOMAN), on Wednesday, rebranded to the Major Energy Marketers…

Vortex Energy Commences 110MW Wind and Solar PV Project in Poland

Vortex Energy, a leading renewable energy company in Poland, has begun the construction of 53 MW…

Circular Economy in Africa: A Paradigm Shift in Energy Consumption

Circular economy has gained traction worldwide as a means of redefining energy consumption. A circular economy…

Egypt and BRICS Collaborate on Electricity and Renewable Energy

Mohamed Shaker, the Minister of Electricity and Renewable Energy and Vladimir Kazbekov, the Deputy Head of…

IFC Invests $80m in African Renewable Energy Boost

The International Finance Corporation (IFC) commits $80 million to boost the Facility for Energy Inclusion (FEI)…

Zambia Unveils $200m Green Bond For Solar Energy Push

Zambia enters the green bond market with a $200 million program led by Copperbelt Energy Corporation…

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…