Acwa Power Raises $500m for its South African CSP Plant

Acwa Power has finished the financing phase of the Redstone concentrated solar power plant (CSP). The…

EIB to Give €340 million for Renewable Energy and Water

EIB approves €340 million fund Bulk of the fund to be used to construct renewable infrastructure…

NIGERIA: World Bank Report Releases Report on Nigeria’s Power Sector

Nigeria, the country with the highest number of people without electricity in the world One in…

MIGA Issues Investment Guarantees for Bboxx Operations in Africa

MIGA has issued guarantees worth $37.1m for the African Infrastructure Investment Fund 3 (AIIF3) and the…

SHYFT Power Solutions Obtains $3.8m Funding to Expand Clean Energy Services

SHYFT Power Solutions has obtained an additional $3.1M in seed funding. SHYFT’s provide services to renewable…

Baobab+ Secures €4m to Distribute Solar Home System Kits in West Africa

Baobab+ has raised €4 million to expand its operations in Senegal and Ivory Coast. The company…

Ecobank Recognised for Installing Solar Energy at 150 Branches

Ecobank Nigeria has been recognised for installing sustainable energy solutions at 150 sites. This feat indicates…

TDB to Provide $75m for African SMEs Via Off-Grid Facility

The TDB has created a $75 million off-grid facility for small and medium-sized enterprises (SMEs). The…

AfDB Funds $530m Electricity Project to Expand Renewable Energy and Regional Connectivity in Angola

The African Development Bank has committed $530 million to finance the construction of a 343 km,…

LIBERIA: World Bank Approves Funding for Improved Energy Access

World Bank approves funding for improved energy access Project to be funded by IDA The World…