The International Finance Corporation (IFC) commits $80 million to boost the Facility for Energy Inclusion (FEI)…
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Facts About Geothermal Energy
Geothermal energy is renewable energy produced from the earth’s core. It comes from heat generated during…
IFC Announces $30m Equity Investment in Africa Infrastructure Investment Fund
The International Finance Corporation (IFC) announced a $30 million equity investment in the Africa Infrastructure Investment…
China’s CLOU Secures BESS Order from Stella Energy
China’s CLOU Energy Storage has secured an order from US-based Stella Energy Solutions to supply 480-megawatt hours…
BasiGo Secures BII’s $5m Loan for EV Assembly
BasiGo has received a $5 million (KSh766.7 million) loan from British International Investment (BII) to support…
COP28: Nigeria, Other African Countries to Join BESS Consortium
Nigeria and several African countries have expressed interest in joining the Battery Energy Storage Systems (BESS)…
World Bank Funds KenGen’s Battery Storage Project
The World Bank has selected Kenya Electricity Generating Company (KenGen) to execute a battery storage pilot…
Epra Approves Recovery of Sh6.5bn Electricity Tariff from Consumers
The Energy and Petroleum Regulatory Authority (Epra) has permitted Kenya Power to recover the Sh6.5 billion…
BasiGo Secures $1.5m Grant for Electric Bus Expansion in Rwanda
Kenyan start-up BasiGo secures a $1.5 million grant from the United States Agency for International Development…
New Report Raises Environmental Concerns in Africa
A new report in Nature Geoscience has highlighted the challenge of air pollution levels in Africa and why…