One of the pressing issues globally is Climate Change. Climate change is the significant and long-lasting…
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Power Outages to Persist as Hwange Power Station Woes Mount in Zimbabwe
Zimbabweans should brace for continuous power outages as Hwange Power Station uses obsolete equipment affecting the…
SENEGAL: IFC to Mobilize €242 Million for Sococim’s Low-Carbon Cement
€242 million have been mobilised as part of the collaboration between Sococim and the International Financial…
Government of Kenya Lifts Ban on Power Purchase Agreements
The Cabinet chaired by President William Ruto granted approval for lifting the Power Purchase Agreements (PPA)…
Egypt’s Petroleum Minister Says Investment Needed in both Fossil Fuels and Renewables
The Minister of Petroleum and Mineral Resources, Tarek El Molla, has said that Egypt is seeking…
Masdar Partners with IFC for Renewable Energy Development
Masdar has a powerful ally for the expansion of its operations in underdeveloped nations. The International…
PFZW Cuts 78 Energy Companies for Lagging on Paris Agreement Objectives
Pensioenfonds Zorg en Welzijn, Zeist, Netherlands, sold €303 million ($323 million) in equity and corporate bond…
UN Launches Solar Minigrids Program in Somalia
The United Nations Development Programme (UNDP) and Somalia have launched an ambitious solar minigrids program to…
Renewable Energy and its Global Economic Benefits
Approximately 80 per cent of the world’s population lives in countries that import fossil fuels. This…
MIGA Issues $5m Guarantee for Baidoa Hybrid Solar Power Plant in Somalia
A project in Somalia is funded by the Multilateral Investment Guarantee Agency (MIGA). Kube Energy has…