South Africa Seeks $2.6 Billion for Emission Cuts Amid Energy Crisis

South Africa pledged to cut emissions at its coal-fired power plants to secure $2.6 billion (R460…

Germany Requests Clarity on South Africa’s Coal-Closure Slowdown

Germany’s climate envoy said Germany is requesting clarity on South Africa’s plans to slow down the…

South Africa to Raise $2.4 Billion from Energy Transition Pact

South Africa‘s National Treasury has noted that it expects as much as $2.4 billion to flow…

AfDB, Trade and Development Bank to Finance $15m Clean Technologies in Africa

The African Development Bank (AfDB) Group has announced a follow-up equity investment of $15 million in…

CIF Endorses $70m for Renewable Energy in Kenya

The  Climate Investment Funds (CIF) has endorsed a $70 million plan, with an initial allocation of…

UAE Commits 4.5billion For Renewable Energy Projects

During the climate meeting in Kenya, the United Arab Emirates (UAE) committed $4.5 billion to renewable…

CIF Grants $28 million for Electrification Using Solar Mini-Grids

Ghana’s electrification would be supported by $28.49 million in funding, according to the African Development Bank…

AfDB Approves $28.49 Million Grant to Enhance Ghana’s Universal Electrification Goal

The African Development Bank’s Board of Directors has approved a $28.49 million grant for Ghana to…

Finnfund Sells its Stake in the 310 MW Lake Turkana Wind Farm

The Finnish Fund for Industrial Cooperation (Finnfund), one of the project’s investors, is selling its interests…

[PRESS RELEASE] Renewable Energy Manufacuring Initiative to Boost Africa’s GDP

THE NEW AFRICAN RENEWABLE ENERGY MANUFACTURING INITIATIVE WILL HELP UNLEASH 1.2 TERAWATTS OF RENEWABLE ENERGY, CREATE…