IFC Invests $20m in Africa50 for Sustainable Infrastructure

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

Trexm Oil and Gas Explores Other Energy Sector Businesses

Trexm Oil and Gas Services Nigeria Limited says it is exploring other business opportunities in the…

Northvolt Plans to Source Cobalt from Congo for EV Batteries

Swedish battery maker, Northvolt, said today it is looking to source cobalt, used to make chemicals…

Puma Energy Acquires 49% Stake in Renewable Energy Firm

Puma Energy has acquired a 49 per cent stake in MBHE Group, a renewable energy solutions provider across Southern Africa and the continent.…

Africa’s Geothermal Sector to Attract $35bn Investments by 2050 — Rystad Energy

Africa’s geothermal sector will attract at least $35 billion in investments by 2050, showing geothermal’s critical…

Eranove Secures a Two-year Contract to Manage SBEE in Benin

Paris-based Eranove secures a two-year contract to manage Société béninoise d’énergie électrique (SBEE) in Benin. The…

Zambia Unveils $200m Green Bond For Solar Energy Push

Zambia enters the green bond market with a $200 million program led by Copperbelt Energy Corporation…

Vestas Wind to Use Recycled Steel for Baltic Wind Project in Poland

Vestas Wind Systems will use low-carbon recycled steel from ArcelorMittal to build the turbine towers for…

FG Commissions 300KWp Solar PV, BESS Project in Niger

The Federal Government has commissioned a 300KWp solar PV (photovoltaic) pilot project, including a Battery Energy…

Kenya Doubles Electricity Imports from Ethiopia, Uganda

Despite increased demand, Kenya has exceeded double its electricity imports from neighbouring countries. The Kenya National…