World Bank to Build 1000 Mini-Grid Power Plants in Nigeria

The World Bank has revealed plans to construct 1,000 mini-grid power plants nationwide as part of…

AMEA Power Bags $75m Equity Investment from SoftBank

The Japanese technology giant Softbank Group Corp. has provided $75 million in equity financing to the…

Scatec Raises $270m for its Solar Farms in South Africa

In the advancement of its Grootfontein solar power facilities in South Africa, Scatec has attained a…

Industrialisation, Jobs, and Energy Transition in Nigeria

The development of a nation can be attributed to its rate of industrialisation. This is why…

Kenya Power Banks on Diversification to Grow Revenue

Kenya Power is eyeing to grow its non-core revenue to supplement income from electricity sales as…

US Exim Bank Releases a Record $900m for Two Solar Power Plants in Angola

Washington encourages Angola to strengthen its renewable energy sector. The Angolan Ministry of Energy and Water…

US Exim Bank Releases $900m Loan for Solar Power Plants

The Export-Import Bank of the United States of America (US Exim Bank) provides a $900 million…

Energy Sector, A Major Contributor to Ghana’s Debt Woes – World Bank Rep

   The country director indicated in an interview that his outfit had identified certain factors that…

South Africa’s Standard Bank Sets Green Financing Target

On Tuesday, South Africa’s Standard Bank Group funded renewable energy projects worth 55 billion rands ($2.79 billion)…

BII & Stanbic Bank Kenya Announce Commitment to Sun King

British International Investment (BII), the UK’s development finance institution (DFI) and impact investor, and Stanbic Bank…