Husk Power Secures $20 Million From EIB to Expand Operations in Nigeria

On Thursday, March 28, 2024, Husk Power Systems announced $20 million in debt financing from the…

Azerbaijan Increases Emissions Reduction Target

Azerbaijan is working to increase its emissions reduction target in time for the hosting of this…

Sidbi Secures $120 Million Green Climate Fund Project

Sidbi, a development bank, has secured a USD 120 million approval from the Green Climate Fund…

Zambia Braces for Electricity Imports and Rationing Amid Drought

Due to a severe drought, Zambia’s President Hakainde Hichilema announced plans for electricity imports and rationing.…

d.light Secures $7.4 Million from Chapel Hill Denham for Offgrid Solar Projects

Solar products company d.light has successfully secured a groundbreaking financing facility of $7.4 million from Chapel…

Despite Electricity, Forex Challenges, Africa Records 40% of Investments in Greenfield MegaProjects in 2022 – AfDB

In its January 2024 report on Africa’s economic performance and macroeconomic outlook, released February 16, 2024,…

Nigeria Has a N1.6 Trillion Shortfall in Wholesale Tariffs – Adebayo Adelabu

Adebayo Adelabu says Nigeria has a significant N1.6 trillion shortfall in wholesale tariffs.

CESEL-Concerto Powers 1,200 Houses in Osun State

The Community Energy and Social Enterprise Limited (CESEL-Concerto) Joint Venture (JV) has delivered clean electricity to…

HSBC Partner with Google to Reach $1 Billion Climate Tech Finance Goal

Britain’s biggest bank, HSBC, has partnered with Google to finance fast-growing climate technology firms behind some of…

IFC, SIMA Launch $150m Solar Green Bond for African Solar Developers

The World Bank’s International Finance Corporation (IFC), in partnership with Social Investment Managers and Advisors LLC…