InfraCo Africa to Finance 22 Solar Mini-grids in Kenya

InfraCo will provide $8m for electrification in Kenya.  These funds will finance 22 green mini-grids across…

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…