AFC to Mobilise $3bn for Climate-Resilient Projects in Africa

AFC plans to raise $2bn in 3 years to fund climate-resilient projects. The funds will be…

Korea to Provide $600m for Clean Energy Investment in Africa

Korea will provide $600m for energy projects in Africa via the KAEIF facility. The funds will…

Turkey’s $70M Grid Upgrade Powers Renewable Revolution

Turkey plans to transform its national electrical grid significantly, supported by $70 million in funding from…

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…

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…