BasiGo Acquires $4 Million to Deploy Electric Vehicles in Nairobi

BasiGo raises financing to accelerate the development of EVs. The start-up will extend pay-as-you-drive credit options…

AFD to Provide $100m Climate Financing Facility to FirstRand

AFD is launching a $100 million loan to FirstRand for climate change mitigation and adaptation. FirstRand…

AfDB Covid-19 Off-Grid Recovery Platform Reaches Financial Close

The African Development Bank has reached a financial close on financing agreements for a $20 million…

KenGen Doubles CERs With New Geothermal Plant

KenGen has increased its available CERs to over 500,000. CERs are equivalent to one tonne of…

Tunisia Needs Increased Local Financing for Accelerated Renewables Deployment

Tunisia needs local financing to accelerate clean energy deployment. The procurement and permit process for grid-connected…

South Africa Can Replace Ageing Coal Plants with Renewables

South Africa should replace ageing coal plants with renewable energy power plants. Banks are reluctant to…

China Set to Increase Support for Wind and Solar Development

The Chinese government has said that it will increase financial support for wind and solar power…

Chevron and BP Invest in Geothermal Energy Start-up

Canada-based geothermal company Eavor Technologies on Tuesday announced a $40 million funding round. BP Ventures and…

SunCulture Obtains $11 million to Deploy Solar-Powered Irrigation Systems

The solar services provider has obtained a new credit line that will enable it to deploy…

The Development Bank of South Africa Launches €200m Green Bond

The bond is being offered under a framework in partnership with the AFD. The scheme will…