International Solar Alliance to Invest $35bn in Africa’s Solar

International Solar Alliance has disclosed plans to announce nearly $35 million for projects such as mini-grids…

EU to Invest €60m in Uganda’s Hydropower Plant

The European Union plans to invest 60 million euros ($63 million) in upgrading one of Uganda’s…

IMF, Rwanda Sign $262m Deal to Ease Climate-related Shocks

The International Monetary Fund (IMF) staff and the authorities of Rwanda have agreed on a new…

Sahara Group Advocates for Gas Development in Africa

Sahara Group has urged African governments and regulators to adopt market-based regimes to stimulate the sustainable…

Germany to Provide Cheap Electricity to ECOWAS

The Chancellor of the Federal Republic of Germany, Olaf Scholz, has said Germany is working with…

Reps Probe N7tn Power Sector Fund Since Privatisation

The House of Representatives has resolved to investigate all the financial interventions, amounting to over N7…

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…

REA to Electrify 250,000 Homes in Nigeria

The Rural Electrification Agency (REA) has announced plans to support 250,000 households with initiatives such as…

Egypt Signs $14.75bn Deal with China to Boost Green Energy

Egypt’s Suez Canal Economic Zone (SCZONE) has closed a $14.75 billion (EUR 13.9bn) investment pact with…

EU to Disburse €150 Billion for Nigeria, Africa’s Infrastructure

The European Union (EU) has said it will disburse 150 billion Euros in four years by 2027 through…