The International Finance Corporation (IFC) invests $20 million in the Africa50 Sustainable Infrastructure Acceleration Fund (IAF).…
Search Results for: climate finance
Financing Clean Energy Projects: Opportunities and Challenges and Opportunities in Africa
Despite having one-fifth of the world’s population, Africa currently accounts for only 3% of global energy…
NIGUS Signs $1bn Agreement with Chinese Firm to Curb Gas Flaring
A Nigerian energy company, NIGUS International, has signed a $1 billion agreement with a Chinese firm,…
BlackRock Invests $400m in Positive Zero for Gulf Countries’ Energy Transition
Positive Zero, a Dubai-based decarbonisation firm, secured a significant investment of up to $400 million from…
Credit Agricole to Halt New Fossil Fuel Project Financing
Today, France’s second-largest listed bank, Credit Agricole, said it would stop financing new fossil fuel extraction…
COP28: Zambia to Get First Green Bond by Year-End
Zambia’s Copperbelt Energy Corporation Plc (CEC) has announced the registration of its green bond with the…
Nigeria, Africa to Benefit from Italy’s €5m Sustainable Energy Fund
During a side event at the ongoing COP28 in Dubai, Italy announced a new contribution of…
AfDB Commits €101m to Electricity in Kenya
The Board of Directors of the African Development Bank (AfDB) Group have approved a €101.10 million loan…
NSIA Launches $500m Renewables Investment Platform
The Nigeria Sovereign Investment Authority (NSIA) has launched a $500m Renewables Investment Platform for Limitless Energy…
BoI Plans Financing Scheme for Clean Energy
The Bank of Industry (BoI) has disclosed plans to implement an on-lending financing scheme to support…