WEF: Stakeholders Launch Clean Energy Initiative for Developing Countries

The Clean Energy Investment Mobilization Network for the Global South was launched after the World Economic…

Egypt Secures $100m Loan from EBRD for Green Transition

Egypt is leading in the European Bank for Reconstruction and Development’s (EBRD) 2023 investments in the southern and…

Circular Economy in Africa: A Paradigm Shift in Energy Consumption

Circular economy has gained traction worldwide as a means of redefining energy consumption. A circular economy…

IFC Invests $20m in Africa50 for Sustainable Infrastructure

The International Finance Corporation (IFC) invests $20 million in the Africa50 Sustainable Infrastructure Acceleration Fund (IAF).…

UAE’s ADNOC to Allocate $23bn for Decarbonisation

UAE’s Abu Dhabi National Oil Company (ADNOC) said today that it would allocate $23 billion for…

EDP’s CEO Highlights EU’s Struggles in Green Energy Projects

Miguel Stilwell D’Andrade, CEO of Energias de Portugal (EDP), spoke at Davos, highlighting Europe’s struggle with…

Egypt to Set Up Green Data Centre

Egypt is preparing to establish a green data centre project. This project would harness about 200…

Financing Clean Energy Projects: Opportunities and Challenges and Opportunities in Africa

Despite having one-fifth of the world’s population, Africa currently accounts for only 3% of global energy…

EIB, BPCE Sign €300m Deal for SMEs’ Green Transition in France and Europe

The European Investment Bank (EIB) has signed a €300 million financial agreement with Groupe BPCE, a…

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…