InfraCo will provide $8m for electrification in Kenya. These funds will finance 22 green mini-grids across…
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Daystar Power Secures $20m Facility from IFC
The facility will help Daystar Power deliver against its project pipeline in Nigeria. Today, Daystar Power,…
GCF Approves $170.9m in Co-Financing for AfDB’s LEAF Programme
The GCF has approved $170m in financing for AfDB’sLEAF programme. The programme aims to strengthen…
Firm to Set Up 1GW Solar Panel Manufacturing Factory in Nigeria
Solmont Technologies plans on setting up a solar panel manufacturing facility in Nigeria. The facility will…
IFC Invests in Romania’s First Green Bonds
IFC has invested €59.6 million in Romania’s second green bond. The proceeds from the bond will…
Accelerating Off-Grid Electrification with Natural Gas
In sub-Saharan Africa, about 600 million people lack access to electricity. For example, in Nigeria,…
10,000 Small Businesses Connected by SOLAD
SOLAD has connected 10,000 small businesses to solar mini-grids. SOLAD aims to provide clean, affordable, reliable…
PowerX Closes $4m Seed Round Financing
PowerX utilises Artificial Intelligence to optimise household utility usage. A pilot test of the product in…
Daystar Power Group Set to Receive $20 million Financing from the IFC
A $20 million financing proposal to off-grid power service provider Daybreak is yet to be approved…
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…