Africa to be $2.5 Trillion Short of Climate Finance by 2030, UN Says

A UN official said that Africa will be $ 2.5 trillion short of the finances it…

Abu Dhabi Commercial Bank, Schneider Collaborate to Finance Green Projects in Egypt

Abu Dhabi Commercial Bank Egypt and Schneider Electric, an energy management and automation firm, have partnered…

AfDB, Trade and Development Bank to Finance $15m Clean Technologies in Africa

The African Development Bank (AfDB) Group has announced a follow-up equity investment of $15 million in…

Schneider Electric to Optimise Energy Capacity for Efficient Power Management

Schneider Electric, a global leader in energy management and automation, has announced plans to optimise energy…

World Bank Commits Over $15bn to Boost Economy, Energy in Nigeria

The World Bank has committed over $15 billion to support 30 development programmes across Nigeria. In…

OPEC Funds 55 Renewable Energy Projects with $1.7bn in Africa, Others

Several renewable energy projects in Africa have benefitted from the $1.7 billion financing from the Organization…

World Bank to Support Ethiopia’s Efforts to Ensure Energy Access

The World Bank has appreciated Ethiopia’s progress and reaffirmed the Bank’s steadfast commitment to supporting the…

Germany Boosts Hydrogen Power in Renewable Energy Push

Germany’s ruling coalition plans to subsidise hydrogen power plants to address renewable energy push. A tender…

NIES Energy Summit 2024 Announces Speakers, Tinubu to Deliver Keynote Address

THE Nigeria International Energy Summit (NIES) 2024, scheduled to take place at the International Conference Centre…

UK Backs $239M AfDB Loans for Climate Finance Program

The United Kingdom(UK) has guaranteed Mauritius and Benin two African Development Bank (AfDB) loans totalling $239…