Several renewable energy projects in Africa have benefitted from the $1.7 billion financing from the Organization…
Search Results for: renewable energy sector
CIF Endorses $70m for Renewable Energy in Kenya
The Climate Investment Funds (CIF) has endorsed a $70 million plan, with an initial allocation of…
Aggreko Acquires RenEnergy in South Africa and UK
Aggreko, a global energy solutions provider, has acquired the South Africa- and UK-based businesses of RenEnergy group.…
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…
Nigeria to Fund Energy Transition with Revenue from Fossil Fuels
The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has said that despite calls…
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…
Puma Energy Acquires 49% Stake in Renewable Energy Firm
Puma Energy has acquired a 49 per cent stake in MBHE Group, a renewable energy solutions provider across Southern Africa and the continent.…
IFC Invests $80m in African Renewable Energy Boost
The International Finance Corporation (IFC) commits $80 million to boost the Facility for Energy Inclusion (FEI)…
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…
NSIA, All On Partner to Power Energy-deprived Communities
The Nigeria Sovereign Investment Authority (NSIA) and All On, a renewable energy investor, are collaborating to…