The Japanese technology giant Softbank Group Corp. has provided $75 million in equity financing to the…
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Improving Storage Technologies to Boost Renewable Capacity and Utilization in Nigeria
Nigeria, endowed with abundant renewable energy resources, has the potential to significantly increase its renewable energy…
Namibia Receives $485,000 Grant for Solar Electricity Project
A grant of $485,000 from the Urban and Municipal Development Fund (UMDF) of the African Development…
Kenya Power Banks on Diversification to Grow Revenue
Kenya Power is eyeing to grow its non-core revenue to supplement income from electricity sales as…
US Exim Bank Releases a Record $900m for Two Solar Power Plants in Angola
Washington encourages Angola to strengthen its renewable energy sector. The Angolan Ministry of Energy and Water…
Nigeria: President Tinubu Signs Electricity Act 2023 into Law
President Bola Ahmed Tinubu has assented to the Electricity Act 2023, which lawmakers initially passed in…
US Exim Bank Releases $900m Loan for Solar Power Plants
The Export-Import Bank of the United States of America (US Exim Bank) provides a $900 million…
Ministerial Delegation from Equatorial Guinea to Attend SSOP 2023
A Ministerial delegation led by ’s Minister of Mines and Hydrocarbons, H.E. Antonio Oburu Ondó, will…
Saudi Arabia’s Acwa Power Raises $123m for its Kom Ombo Solar Park in Egypt
The level of financial mobilization has been reached for the Kom Ombo solar project. Acwa Power,…
Kenya Power to Invest US $72M in Network Expansion
Kenya Power and Lighting Company, the electricity distribution company in Kenya, has announced plans to invest…