World Bank Approves $300m for Climate and Economic Stability in Ghana

The World Bank has approved a $300 million Development Policy Operation for Ghana to help its…

Kenya Startups Attracted $800m Venture Capital in 2023 –Report

Kenyan startups attracted $800 million (Sh127.2bn) in venture capital in 2023, surpassing Egypt, Nigeria and South…

Madagascar Hybridises Oil Power Plants with Solar PV, Plans 2nd Phase

Madagascar hybridises three large-scale heavy-fuel oil power plants with solar photovoltaic (PV) and plans to commence…

Changing DisCos’ Ownership Won’t Solve Nigeria’s Power Supply Issues –Stakeholders

Stakeholders in the power sector have said that changing the ownership of electricity Distribution Companies (Discos)…

South Africa Signs Deal with World Bank, AfDB, KfW for Energy Transition

South Africa has signed major loan agreements with the World Bank, Germany’s Kreditanstalt für Wiederaufbau (KfW),…

Globeleq’s Solar Plant Begins Operations in Mozambique

Globeleq, the leading independent power company in Africa and its project partners, Source Energia and Electricidade de Moçambique…

Husk Power Raises $103 Million for Solar Mini-grids in Africa

Husk Power Systems has raised $103 million Series D in equity and debt to meet its…

World Bank Plans $1 Billion Loan for SA’s Energy Sector

The World Bank is in talks about a potential $1 billion loan to help enable South…

Mobile Power to Deploy $10 Million for Energy Access

CrossBoundary Access and Mobile Power have announced a $10 million partnership to deploy (MOPO) Hubs in…

Kenya Hosts First African Climate Action Summit

The African continent holds its first Climate Action Summit. More than 20 African heads of state…