ARMHIF Invests $18.75 Million in Elektron Power

ARM-Harith Infrastructure Fund (ARMHIF) has announced an investment of $18.75 million into Elektron Power Infracom (EPI).…

AfDB to Disburse $250 Million for Electrification Project

The African Development Bank (AfDB) has pledged to disburse a previously approved $250 million fund for…

AfDB Approves $104 Million for Transmission Project in Ethopia

The Board of Directors of the African Development Bank Group (AfDB) has approved a $104 million…

AfDB to Support Eritrea’s Blue Economy

The African Development Bank (AfDB) has pledged to support the Eritrean government in developing its blue…

By 2060, Climate Change Could Increase Death – IMF

The World Bank each year revises a list of countries classed as “fragile and conflict-afflicted states,”…

d.light Secures $125 Million for Solar Supply in Tanzania

d.light, a solar energy supplier for low-income households and affordable finance provider, has secured a $30 million facility…

MIGA Grants $18 Million Assurance for BTE Solar Facility

The Multilateral Investment Guarantee Agency (MIGA), a part of the World Bank Group, has given an…

Angola Secures $1.44 Billion to Power Rural Areas with Solar

The Angolan Ministry of Finance has secured €1.29 billion ($1.44 billion) from Standard Chartered to finance…

Algeria’s Sonatrach Signs Natural Gas Contracts with TotalEnergies

Algeria’s state-owned company Sonatrach has signed natural gas contracts with French energy significant TotalEnergies. The agreements include hydrocarbon…

Namibia Receives $485,000 Grant for Solar Electricity Project

A grant of $485,000 from the Urban and Municipal Development Fund (UMDF) of the African Development…