IBL Energy and STOA Acquires Majority Stakes in Equator Energy

A consortium of investors has entered into a share purchase agreement to acquire a majority stake…

AfDB Finances Dekemhare Solar Plant with $49m

The African Development Bank will contribute $49.92 million to the Dekemhare solar plant in Eritrea. (AfDB).…

EU Funds €347 million for Nairobi’s BRT Line

The fundamental idea behind the Kenyan government’s Bus Rapid Transit (BRT) programme is inclusive and green…

IBL and Stoa Invest in Equator Energy

Via Equator Energy, two financial institutions are promoting the growth of renewable energy in Africa. The…

Chad Nationalizes Doba Project

After losing one round in an international arbitration court, Chad has nationalized its Doba upstream oil…

Global Energy Storage Market to Experience 23% CAGR until 2030 – BNEF

The global energy storage capacity has been on the increase as a total of 16GW was…

Missing Uranium in Libya Found-IAEA

The International Atomic Energy Agency said earlier this month that some 2.5 tons of natural uranium stored…

DNV and PETROJET to Support Green Hydrogen Projects

DNV, the global independent energy expert and assurance provider, signed a Memorandum of Understanding (MoU) with…

Wartsila Engine Plant Boosts Senegal Power Capacity

The power generation capacity of Senegal has been boosted by the launch of a new power…

Escom Starts Fixing Power Infrastructure Damaged by Cyclone Freddy in Malawi

Officials from Escom have started fixing damaged electricity infrastructure and restoring power in some of the…