APPO Invests $5 Billion in African Energy Bank

The African Petroleum Producers Organisation (APPO) has announced a $5 billion investment to establish an African…

West African Countries to Benefit from World Bank Renewable Energy Projects

World Bank approves US$311m to increase grid-connected renewable energy capacity for West Africa. Liberia, Chad, Sierra…

Mauritius Commercial Bank Commits To Helping Africa’s Energy Goals

MCB commits to helping Africa reach its transition and electrification goals.  MCB has recently participated in…

Nigeria Has the Highest Energy Deficit in Africa – World Bank

Over 90 million Nigerians were not connected to the national grid. FCMB has provided over $6…

Standard Bank to Use ACTS for Renewable Energy Solutions in Africa

Standard Bank uses ACTS for renewable energy solutions. Standard Bank uses its capacity to interact with…

Afreximbank, APPO Sign MoU to Create an African Energy Transition Bank

APPO and Afreximbank sign MoU to establish an African energy Transition Bank. The African Export-Import Bank…

World Bank Approves $465m Financing for Improved Energy Access in West Africa

World Bank has approved $465 million for improved energy access in West Africa. The new project…

Iran, South Africa Emphasize Developing Cooperation in Energy Sector

Iran and South Africa officials stressed the need to expand bilateral cooperation and interaction in the…

SEforAll, Africa50 to Drive Energy Transition Initiative

Sustainable Energy For All (SEforAll) has significantly contributed to advocating for seamless energy transition. Together with…

Uganda Powers Up with $1.7B Karuma Hydropower Plant, Strengthens Regional Energy Role.

Uganda has opened the 600 MW Karuma Hydropower Plant, advancing its energy strategy. China Exim Bank…