Since 2020, d.light has secured about $718 million in financing across five facilities. As of 2023,…
Search Results for: Kenya
d.light Secures $176 Million for Off-Grid Solar
d.light, the global provider of household products and affordable finance for low-income households, has announced the…
ARC Ride Transforms Kenya’s Electric Bike Sector with Battery as a Service
ARC Ride, a Kenyan electric auto firm, operates a battery swap ecosystem for electric two-wheelers, also…
Norfund Invests $307M in Kenya’s Electromobility
Norwegian investment fund Norfund has announced a $307 million investment in Kenya’s electromobility sector, focusing on…
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…
ATIDI to Provide $117M Liquidity for Globeleq’s 35MW Geothermal Project in Kenya
The African Trade and Investment Development Insurance (ATIDI) will provide a US$117 million liquidity cover to…
2024 Oil & Gas Investment to Hit $570 Billion
Global upstream oil and gas investment will hit $570 billion in 2024, reflecting a 7% rise…
APRA Secretariat Advocate Balanced Power Interconnection
Accelerated Partnership for Renewables in Africa (APRA) Secretariat Head Safiatou Alzouma said Ethiopia could balance the…
REREC to Power 14,500 Houses in Kenya
The Rural Electrification and Renewable Energy Corporation (REREC) in Kenya has disclosed its plans to provide…
South Korea Commits Billions in Aid and Investment for Africa
President Yoon Suk Yeol of South Korea unveiled a comprehensive strategy to enhance economic cooperation with…