UGANDA: Uganda Tops AfDB’s Best Regulated Electricity Market

AfDB releases Electricity Regulatory Index 2021 report Uganda ranks No. 1 in Africa Nigeria ranks 23rd…

Engie Secures Approval for 353MW Wind Project in Chile

Engie receives environmental approval for a 353MW wind project in Chile The project will begin in…

Revego Acquires £15m for Climate Investment

Revego Africa Energy Limited has secured £15m in climate investment UK Climate Investments has pledged £15m…

Eskom Sees Energy Transition as Solution to Recent Crisis

Eskom plans to replace ageing coal plants with renewables and gas. Western countries have committed $8.5bn…

Eskom’s Tower Collapse Owing to Vandalism

Northwest Eskom’s tower collapses. Residents are advised to stay clear of affected areas. South African utility…

Mainstream Renewable Acquires EUR90m to Sustain Global Growth

  Mainstream Energy has acquired funding in an oversubscribed equity offering for utility-scale wind and solar…

AFD to Provide $100m Climate Financing Facility to FirstRand

AFD is launching a $100 million loan to FirstRand for climate change mitigation and adaptation. FirstRand…

NIGERIA: NNPC, Afrexim Bank Sign $1.04 Billion Deal

NNPC clinches oil exploration deal with Afrexim Bank Afrexim Bank to provide $1.4 billion in funding…

NIGERIA: Geometric Power Signs $50 Million Facility With Afrexim Bank

Geometric Power signs loan facility with Afrexim Bank The facility will support the commencement of operations…

ZAMBIA: ZESCO, Eskom Explain Weekend Blackout in Zambia

ZESCO says blackout is a result of a minor disturbance on its network Zambian power utility…