IFC Invests $80m in African Renewable Energy Boost

The International Finance Corporation (IFC) commits $80 million to boost the Facility for Energy Inclusion (FEI)…

Financing Clean Energy Projects: Opportunities and Challenges and Opportunities in Africa

Despite having one-fifth of the world’s population, Africa currently accounts for only 3% of global energy…

IFC Announces $30m Equity Investment in Africa Infrastructure Investment Fund

The International Finance Corporation (IFC) announced a $30 million equity investment in the Africa Infrastructure Investment…

Scatec Projects Rise in South Africa’s Solar PV Capacity this Year

Scatec, a renewable energy firm, says solar photovoltaic (PV) capacity will grow significantly in South Africa this year. The…

Kinetic Energy to Expand Natural Gas in South Africa

The recently signed liquefied natural gas (LNG) development project in South Africa’s Mpumalanga province is a…

ACWA Power Signs PPA for Solar, BESS in South Africa

Saudi-based independent power producer (IPP), ACWA Power, has signed a power purchase agreement (PPA) with government…

Scatec Signs $100m Loan with World Bank for Clean Energy in Africa

Scatec (Release) signed a $100 million loan agreement with the World Bank’s International Finance Corporation (IFC) to replace…

South Africa Opens Bids for 5GW Renewable Power Generation

South Africa has launched bidding rounds for 5,000 megawatts (MW) of new power generation capacity from…

TotalEnergies Commences 216MW Solar Plant in South Africa

TotalEnergies and its partners have started constructing a 216 megawatts (MW) solar power plant with 500 megawatt-hours…

Italy to Invest in Africa –Eni

Eni, Italy’s largest importer of natural gas and a state-controlled energy multinational has said that Italy…