BlackRock Invests $400m in Positive Zero for Gulf Countries’ Energy Transition

Positive Zero, a Dubai-based decarbonisation firm, secured a significant investment of up to $400 million from…

Credit Agricole to Halt New Fossil Fuel Project Financing

Today, France’s second-largest listed bank, Credit Agricole, said it would stop financing new fossil fuel extraction…

COP28: Countries Agree to Reduce Fossil Fuel Dependency

At COP28, representatives from almost 200 countries agreed on reducing global fossil fuel consumption to combat…

BasiGo Secures BII’s $5m Loan for EV Assembly

BasiGo has received a $5 million (KSh766.7 million) loan from British International Investment (BII) to support…

Nigeria, Africa to Benefit from Italy’s €5m Sustainable Energy Fund

During a side event at the ongoing COP28 in Dubai, Italy announced a new contribution of…

African Scientists Urge Leaders to Embrace Renewable Energy

African scientists and thousands of young people from 30 nations have urged African leaders ahead of…

South Africa Signs Deal with World Bank, AfDB, KfW for Energy Transition

South Africa has signed major loan agreements with the World Bank, Germany’s Kreditanstalt für Wiederaufbau (KfW),…

EU Unveils Energy Overhaul Plan For Renewable Surge

European Union energy commissioner Kadri Simson unveiled a plan to overhaul the bloc’s 40-year-old electricity infrastructure…

Mozambique Approves $80bn Energy Transition Plan

A senior energy official said that Mozambique has approved an ambitious new energy transition plan until…

European Parliament Urges Global Fossil Fuel Phase Out

European Parliament urges global fossil fuel phase-out ahead of COP28. Lawmakers want to pressure nations to…