The African Development Bank (AfDB) is issuing its first green bond in the South African rand.…
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AfDB Initiative Boosts Green Energy Development in 7 Countries
AfDB reveals that African countries are increasingly striving for green growth. At least seven countries have…
KenGen Signs Deal with Toshiba over Geothermal Partnership
Both companies will exploit geothermal energy in several countries. KenGen is the leading producer of geothermal…
D.light Acquires $50m to Deploy SHS in Africa
Several investors are supporting d.light’s expansion in Africa. The credit line is one of a series…
KenGen Commissions Unit 6 of Olkaria Power Plant
KenGen’s unit 6 of the Olkaria I geothermal power plant is now operational. The new facility…
AFC, D.Light Develops $238 mn Financing Vehicle
Solar Frontier Capital and d.light establishes an RE financing vehicle Solar Frontier Capital, a subsidiary of…
Firms Collaborate to Develop Pan-African Renewable Energy Fund
Investor Harith General Partners and Anergi Group to create Pan-African Renewable Energy Fund. PAREF will build…
KenGen Constructs Electric Vehicle Charging Stations in Nairobi
KenGen installs EV charging stations. The facility will power some 50,000 buses. The Kenya Electricity Generating…
Mirova Procures Financier SunFunder
Paris-based impact investor Mirova acquires SunFunder. SunFunder, a private debt management firm that finances renewable energy…
FG Sets Up Committee to Develop Legal Framework to Promote Electric Vehicles
NADDC institutes a technical committee to design a framework for EV acceleration. The Federal Government (FG),…