The African Development Bank Group (AfDB) has approved a 25-year, $1 billion (ZAR 18.85 billion) loan…
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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…
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…
2024 Oil & Gas Investment to Hit $570 Billion
Global upstream oil and gas investment will hit $570 billion in 2024, reflecting a 7% rise…
REA Backs House Probe Into Renewable Energy Funds
The Managing Director of the Rural Electrification Agency (REA), Abba Aliyu, welcomes the House of Representatives’…
InfraCredit Secures $15 Million AfDB Loan
InfraCredit secured a $15 million facility from the African Development Bank Group (AfDB). This subordinated unsecured…
AfDB and Italy Team Up to Boost Africa’s Future with the Mattei Plan
In a significant move to bolster Africa’s economic development through the Mattei Plan, Italian Prime Minister…
The Akinwumi Adesina June 12 Interview on BBC’s HardTalk, Explained
Africa is poised to undergo the most significant transformation of any continent in this century. By…
AfDB SEFA Grants Ethiopia DREAM $8m for Solar Minigrids
The African Development Bank Group (AfDB) has awarded the Ethiopia Distributed Renewable Energy and Agriculture Modalities…
Federal Government Electrifies Universities with Hybrid Solar Grids
The Federal Government has electrified 15 universities and teaching hospitals with hybrid solar grids totalling 35.5…