Global upstream oil and gas investment will hit $570 billion in 2024, reflecting a 7% rise…
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African Countries Could Export Premium Carbon Credits
According to the 2024 Economic Report on Africa by the United Nations Economic Commission for Africa…
Ivory Coast Partners with Multinationals for Solar Plants
Ivory Coast is progressing in solar power plant development, with ten multinational companies qualifying for partnership.…
UAE Supports AMEA Power’s Expansion into Mozambique
Dubai International Chamber has contributed to expanding UAE-based renewable energy firm AMEA Power into Africa through…
IFC Announces $30m Equity Investment in Africa Infrastructure Investment Fund
The International Finance Corporation (IFC) announced a $30 million equity investment in the Africa Infrastructure Investment…
World Bank Grants Iberdrola €300m to Develop Renewable Projects
The World Bank’s private sector investment arm, the International Finance Corporation (IFC), has granted Iberdrola, a…
EIB Opens Hub in Egypt for Climate, Energy Funding
On Monday, the European Investment Bank (EIB) officially opened its new regional hub in Cairo, Egypt,…
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…
WNA, AFCONE Signs MoU for Energy Development in Africa
The World Nuclear Association (WNA) and the African Commission on Nuclear Energy (AFCONE) have signed a memorandum of understanding (MoU) to…
Kenya Leads Qatar, Saudi in Renewable Energy Adoption
According to a survey released by the World Energy Council, Kenya has made a huge transition…