EIF and Finnfund Partner to Solarise South Sudan’s Telecom Sector

The Energy Inclusion Facility (EIF) and the Finnish Industrial Cooperation Fund (Finnfund) will provide $20 million…

InfraCredit Receives “AAA” Credit Rating for 7th Year

On July 2, 2024, Global Credit Ratings (GCR) reaffirmed InfraCredit’s “AAA” credit rating for the seventh…

Congo Approves Oil Exploration In Key Park

The Republic of Congo’s recent decision to grant oil exploration permits within Conkouati-Douli National Park, its…

ATIDI to Provide $117M Liquidity for Globeleq’s 35MW Geothermal Project in Kenya

The African Trade and Investment Development Insurance (ATIDI) will provide a US$117 million liquidity cover to…

MIGA Secures $50.3M for Nuru’s Solar Grids in DRC

The Multilateral Investment Guarantee Agency (MIGA) issued a $50.3 million guarantee to Congo Energy Solutions (Nuru)…

The Akinwumi Adesina June 12 Interview on BBC’s HardTalk, Explained

Africa is poised to undergo the most significant transformation of any continent in this century. By…

Africa Leads Global Renewable Energy Drive

At the ongoing AfDB Annual Meetings 2024, taking place in Nairobi, the President of the African…

AEF 2024: European Investors in Readiness as Energy, Minerals, and Mining Ministers From Across Africa Prepare for Barcelona

More than 33 ministers and 100 high-level public sector officials from across Africa will attend the…

Shettima Inaugurates Avatar New Energy Lithium Facility in Nigeria

Avatar New Energy Materials Company Limited, a Chinese mining firm, has inaugurated a lithium processing facility…

Electric Vehicle Sales Decline in the United States

In the first quarter of 2024, electric vehicle (EV) sales including hybrid vehicles, plug-in hybrid electric…