InfraCredit secured a $15 million facility from the African Development Bank Group (AfDB). This subordinated unsecured…
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IEA: Africa Needs $22 Billion Annually for Universal Electricity by 2030
In its June 2024 report on clean energy investment for development in Africa, the International Energy…
Ukraine Power Sector to Receive Aid from Allies
Ukraine’s energy ministry, Herman Halushchenko said Ukraine will receive around $1 billion from allies and G7…
Amea Power Funds 120 MW Solar Plant in South Africa
Dubai-based Amea Power has secured funding for a 120 MW solar project near Klerksdorp in South…
Kenya Vehicle Manufacturers Secures $3m from CFAO for EV Expansion
Kenya Vehicle Manufacturers have secured $3 million in equity funding from CFAO Group to expand the assembly…
40% Loss, Unpaid Bills, Infrastructure Deficit, Reasons for Current Blackouts – Proton Energy CEO
In a March 8 interview with CNBC Africa, the Chief Executive Officer of Proton Energy, Oti…
Southern African Power Pool Launches $1.3bn Fund for Transmission Lines
The Southern African Power Pool (SAPP) and investment advisers Climate Fund Managers have launched a new…
d.light Secures $7.4 Million from Chapel Hill Denham for Offgrid Solar Projects
Solar products company d.light has successfully secured a groundbreaking financing facility of $7.4 million from Chapel…
Developer Secures EUR 11 Million for Solar Project in Brandenburg
An undisclosed developer secures mezzanine financing from a multi-investor debt fund managed by Prime Capital AG.…
Roam Raises $24 Million for Africa’s Electric Vehicle Expansion
Kenyan mobility start-up Roam makes a bold return with a $24 million funding boost. This injection…