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…

Husk Power Targets 1 Million Connections by 2030

Husk power plans to connect at least 1 million new consumers in Africa and Asia. In…

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…

Sustaining Energy Transition Agreements

Discussions at the ongoing 26th Conference of Parties (COP) summit gears towards ensuring a sustainable carbon-free…

AfDB Consents $57.67M Loan to Eskom for Renewable Energy Generation

South Africa’s utility will receive funding for renewable energy generation. The concession loan will come from…