AfDB Grants $1 Billion Loan to Transnet

The African Development Bank Group (AfDB) has approved a 25-year, $1 billion (ZAR 18.85 billion) loan…

d.light Has Secured $718 million Across Five Facilities Since 2020

Since 2020, d.light has secured about $718 million in financing across five facilities. As of 2023,…

Nigeria Commits to Power Sector Transformation at NEF 2024

Minister of Power Chief Adebayo Adelabu affirmed the Federal Government’s dedication to transforming Nigeria’s power sector…

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…

Scatec and Yara Partner on Green Ammonia Project in Egypt

Norwegian energy company Scatec has struck a deal with Yara Clean Ammonia, a subsidiary of Yara…

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…

USAID Mobilises N245bn for Infrastructure, Renewable Projects in Nigeria

Through the United States Agency for International Development (USAID) and Chapel Hill Denham, a leading investment…

2024 Oil & Gas Investment to Hit $570 Billion

Global upstream oil and gas investment will hit $570 billion in 2024, reflecting a 7% rise…

InfraCredit Secures $15 Million AfDB Loan

InfraCredit secured a $15 million facility from the African Development Bank Group (AfDB). This subordinated unsecured…

Market Growth to Increase Demand for Platinum Group Metals

Market growth coming from growing demand for PGMs in green technologies, including hydrogen energy technologies, which…