Ethiopia Earns $47.5m from Energy Exports

Ethiopia has earned 47.5 million US dollars from energy exports in the first six months of…

Italy Reveals Energy, Migration Plan for Africa

The Prime Minister of Italy, Giorgia Meloni, unveiled her plan for the continent during a summit…

Africa’s Geothermal Sector to Attract $35bn Investments by 2050 — Rystad Energy

Africa’s geothermal sector will attract at least $35 billion in investments by 2050, showing geothermal’s critical…

Facts About Geothermal Energy

Geothermal energy is renewable energy produced from the earth’s core. It comes from heat generated during…

IFC Announces $30m Equity Investment in Africa Infrastructure Investment Fund

The International Finance Corporation (IFC) announced a $30 million equity investment in the Africa Infrastructure Investment…

China’s CLOU Secures BESS Order from Stella Energy

China’s CLOU Energy Storage has secured an order from US-based Stella Energy Solutions to supply 480-megawatt hours…

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…

COP28: Nigeria, Other African Countries to Join BESS Consortium

Nigeria and several African countries have expressed interest in joining the Battery Energy Storage Systems (BESS)…

World Bank Funds KenGen’s Battery Storage Project

The World Bank has selected Kenya Electricity Generating Company (KenGen) to execute a battery storage pilot…

Africa’s Geothermal Capacity to Surpass Europe by 2030

The latest Rystad Energy projections have shown that Africa’s installed geothermal capacity will surpass Europe by…