An analysis of global electricity revealed that wind and solar showed resilient growth in 2020 despite…
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The EV Wave: Is Nigeria Ready?
With the exponential growth in sales of Electric Vehicles (EVs) globally, it is becoming clear that…
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…
KenGen to Drill Three Geothermal Wells in Djibouti
KenGen has been awarded the contract for the drilling of three geothermal wells in Djibouti. KenGen…
SunCulture to Fund its Solar-Powered Irrigation Expansion with $11m
SunCulture has received an $11 million line of credit to boost its expansion across sub-Saharan Africa.…
SunCulture Obtains $11 million to Deploy Solar-Powered Irrigation Systems
The solar services provider has obtained a new credit line that will enable it to deploy…
Globeleq Buys Stake in Kenyan Geothermal Energy Company Quantum Power
The purchase will see Globeleq become the majority shareholder in Quantum Power. It is expected that…
Norfund Invests $15 million in Solar Home Systems Deployment in Kenya
Norfund will join the BLK1 scheme to provide financing for Kenyan SHS developer d.light. It is…
Boreal Raises $7.5 million to Expand Solar-Powered Water Desalination Services
Boreal Light has raised 7.5 million in the second round of funding. The company hopes to…
AFDB Set to Commence ‘Desert-to-Power’ Initiative in Nigeria
While speaking at the African Investment Conference, Adesina stated that the bank would begin implementing the…