IFC to Provide $200M for Clean Energy Financing in South Africa

The International Finance Corporation (IFC) and Nedbank have partnered to provide financing for renewable energy projects.…

IFC and Kobo360 Launch Call for Sustainable Cooling Projects

The IFC, The World Bank and Kobo360 has launched a call for proposals for companies providing…

ENGIE Lands $81.7M to Power Solar Growth in South Africa

ENGIE has received $81.7 million from the Asian Infrastructure Investment Bank (AIIB) to accelerate its renewable…

Morocco Advances Renewable Energy Goals with Two New Solar Power Stations

The Moroccan government has officially greenlit the construction of two new solar power stations near Khouribga,…

Ghana Inaugurates Solar Plant Producing 16.8 Megawatts of Electricity

The Ghana Minister of State at the Ministry of Energy, Herbert Krapa, has Inaugurated Africa’s largest…

Green Climate Fund Approves $1 Billion for 17 Projects in 35 Developing Countries, Accredits Development Bank of Nigeria As a DAE

At its 39th Board meeting on July 19, 2024, the Green Climate Fund (GCF), the world’s…

Africa’s Path to Renewable Energy Dominance: Bridging the Infrastructure Gap

Despite its abundant renewable energy resources, Africa faces critical infrastructure challenges that hinder its ability to…

World Bank Targets $20 Billion in Annual Guarantees

The World Bank Group launched a new loan and investment guarantee platform on Monday, July 1,…

MIGA Secures $50.3M for Nuru’s Solar Grids in DRC

The Multilateral Investment Guarantee Agency (MIGA) issued a $50.3 million guarantee to Congo Energy Solutions (Nuru)…

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…