World Bank Projects 216m Displacement by 2050 Due to Climate Change

The World Bank projects 216 million people, mainly in sub-Saharan Africa, will move by 2050 due…

World Bank Grants Iberdrola €300m to Develop Renewable Projects

The World Bank’s private sector investment arm, the International Finance Corporation (IFC), has granted Iberdrola, a…

Scatec Signs $100m Loan with World Bank for Clean Energy in Africa

Scatec (Release) signed a $100 million loan agreement with the World Bank’s International Finance Corporation (IFC) to replace…

World Bank Funds Clean Energy in Nigeria

The World Bank allocates $750 million for clean energy projects in Nigeria. This move addresses the…

World Bank Approves $750m for Renewable Energy Project in Nigeria

The World Bank announced on Friday that it has approved the Nigeria Distributed Access through Renewable…

World Bank Funds KenGen’s Battery Storage Project

The World Bank has selected Kenya Electricity Generating Company (KenGen) to execute a battery storage pilot…

World Bank Approves $1bn Loan to End Blackouts in South Africa

The World Bank has approved a $1 billion loan for South Africa to help address its…

World Bank Plans $1 Billion Loan for SA’s Energy Sector

The World Bank is in talks about a potential $1 billion loan to help enable South…

ETA, World Bank to Support Energy Transition in Developing Countries

The United States Department of State, the Bezos Earth Fund, and The Rockefeller Foundation have announced a…

World Bank to Build 1000 Mini-Grid Power Plants in Nigeria

The World Bank has revealed plans to construct 1,000 mini-grid power plants nationwide as part of…