Nigeria, one of the primary beneficiaries of the African Export-Import Bank (Afreximbank), accounts for 60 per…
Search Results for: World Bank
EIB Funds Renewable Energy Worldwide
The European Investment Bank (EIB) approved EUR 1.6 billion (USD 1.72bn) for renewable energy and electricity…
The World Needs at least $2.4 trillion for Climate Finance – UNFCCC Executive Secretary
The Executive Secretary of the UN Framework Convention on Climate Change (UNFCCC), Simon Stiell, said today…
Africa Needs Investments in Energy, Infrastructure– Standard Bank
Standard Bank, Africa’s biggest lender by assets, has said Sub-Saharan Africa, the most vulnerable region in the world…
APPO Invests $5 Billion in African Energy Bank
The African Petroleum Producers Organisation (APPO) has announced a $5 billion investment to establish an African…
US Exim Bank Releases a Record $900m for Two Solar Power Plants in Angola
Washington encourages Angola to strengthen its renewable energy sector. The Angolan Ministry of Energy and Water…
South Africa’s Standard Bank Sets Green Financing Target
On Tuesday, South Africa’s Standard Bank Group funded renewable energy projects worth 55 billion rands ($2.79 billion)…
Nigeria has the Highest Energy Access Deficit in the World
The World Bank 2022 “Tracking SDG 7: The Energy Progress Report” showed that Nigeria has the…
Standard Bank to Invest $17billion in Green Energy by 2026
Standard Bank plans to invest R250 billion in South Africa’s green energy by 2026. Standard Bank…
NIGERIA: NNPC, Afrexim Bank Sign $1.04 Billion Deal
NNPC clinches oil exploration deal with Afrexim Bank Afrexim Bank to provide $1.4 billion in funding…