Nigeria, one of the primary beneficiaries of the African Export-Import Bank (Afreximbank), accounts for 60 per…
Search Results for: Africa Energy Bank
NNPC to End Energy Scarcity in 10 Years
Nigerian National Petroleum Company Limited (NNPC) Limited has promised to resolve energy scarcity in Nigeria within…
World Bank to Power 200,000 MSMEs in Nigeria by 2030
The World Bank has revealed plans to power over 200,000 micro, small, and medium-sized enterprises (MSMEs)…
Abu Dhabi Commercial Bank, Schneider Collaborate to Finance Green Projects in Egypt
Abu Dhabi Commercial Bank Egypt and Schneider Electric, an energy management and automation firm, have partnered…
Despite Electricity, Forex Challenges, Africa Records 40% of Investments in Greenfield MegaProjects in 2022 – AfDB
In its January 2024 report on Africa’s economic performance and macroeconomic outlook, released February 16, 2024,…
AfDB, Trade and Development Bank to Finance $15m Clean Technologies in Africa
The African Development Bank (AfDB) Group has announced a follow-up equity investment of $15 million in…
EIB Funds Renewable Energy Worldwide
The European Investment Bank (EIB) approved EUR 1.6 billion (USD 1.72bn) for renewable energy and electricity…
IFC, SIMA Launch $150m Solar Green Bond for African Solar Developers
The World Bank’s International Finance Corporation (IFC), in partnership with Social Investment Managers and Advisors LLC…
OPEC Funds 55 Renewable Energy Projects with $1.7bn in Africa, Others
Several renewable energy projects in Africa have benefitted from the $1.7 billion financing from the Organization…
World Bank, COMESA to Launch $50m Regional Energy Access Program
The Common Market for Eastern and Southern Africa (COMESA), a regional economic organisation, and the World Bank will…