African Development Bank’s SEFA Approves $5M to Set Up Super ESCOs

The Sustainable Energy Fund for Africa (SEFA) of the African Development Bank has approved a technical assistance…

Nigeria Announces Launch Date for $5 Billion Africa Energy Bank

Nigeria has officially announced the launch of the Africa Energy Bank (AEB), a $5 billion initiative…

Mission 300 Initiative Launches to Electrify 300 Million Africans by 2030

A major initiative to bring electricity to 300 million Africans by 2030 has commenced, backed by…

Nigeria and World Bank Discuss Power Sector Reforms

The Federal Government of Nigeria has engaged in discussions with the World Bank to advance power…

Afreximbank Arranges $650m Financing for Acquisition of NAOC Stake

African Export-Import Bank (Afreximbank) has announced that it successfully arranged a senior $500-million and a junior…

EXIM Bank Approves $1.6 Billion Loan for Angola Solar Project

The Export-Import Bank of the United States (EXIM) has approved a $1.6 billion loan to Sun…

AfDB Invests $10 Million in African Climate Fund.

The African Development Bank Group (AfDB) approved a $10 million junior equity investment in the KawiSafi…

African Energy Bank boosts Energy Sector with $5 billion investment.

After the 47th Nigeria Annual International Conference and Exhibition (NAICE 2024) in Lagos, Engineer Salahudeen Tahir,…

African Energy Sector Set for Upstream Investment Surge

The African energy sector is preparing for a new wave of upstream oil and gas investment.…

8,700 Terawatt-Hours of Clean Energy Needed in 44 African Countries – Report

The Rockefeller Foundation has released a new report which calculates an 8,700 terawatt-hour (TWh) “Green Power…