In its June 2024 report on clean energy investment for development in Africa, the International Energy…
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Amea Power Funds 120 MW Solar Plant in South Africa
Dubai-based Amea Power has secured funding for a 120 MW solar project near Klerksdorp in South…
AfDB SEFA Grants Ethiopia DREAM $8m for Solar Minigrids
The African Development Bank Group (AfDB) has awarded the Ethiopia Distributed Renewable Energy and Agriculture Modalities…
Major Pacts Signed at EAIF 2024
Last week, from May 21-23, the Alliance for Rural Electrification (ARE) hosted the Energy Access Investment…
IFC Launches $4 Billion Fund for Climate, Agric Businesses in Emerging Markets
The World Bank’s private finance arm, the International Finance Corporation (IFC), launched a $4 billion program…
Project Qoray Leads EV Expansion in Nigeria
In a bid to align with the Nationally Determined Contributions (NDCs) to meet the 1.5oC Paris…
REA, Husk Power Sign MoU to Generate 250MW DRE
The Rural Electrification Agency of Nigeria (REA) and Husk Power Systems have signed a Memorandum of…
One Megawatt of Electricity Generation Capacity Costs Between $500K and $1.5 Million – Dafe Akpeneye, NERC Commissioner
Dafe Akpeneye, the Commissioner overseeing Legal, Licensing, and Compliance at the Nigerian Electricity Regulatory Commission (NERC),…
Nigerian Businesses Waste ₦5 Trillion Yearly on Inefficient Power Generation – All-On, Nextier Report
In a recently released energy business report put together by impact investor All-On and multi-complacency firm…
German Envoy Tasks Nigeria to Fight Climate Change
Jennifer Lee Morgan, German State Secretary and Special Representative for International Climate Policy has stated that…