Empower Secures $74m to Provide Solar Energy to Businesses

 Empower New Energy is raising $74 million to finance the solarisation of African businesses. The funds…

$400m to Decarbonize Transport Between Cairo and Alexandria

The World Bank lends $400 million to strengthen the railway line between Alexandria and Cairo. The…

U.S.$8 Billion to Transition South Africa to Clean Energy

South Africa plans to wean itself off its coal-dependency industries. US$ 8.2 billion to be disbursed…

MALAWI: Firms Collaborate for Green Stove Distribution

UpEnergy and the myclimate foundation signs an agreement for green stoves distribution in Malawi. The partnership…

AFDB Issues Green Bond for Green Projects

The African Development Bank (AfDB) is issuing its first green bond in the South African rand.…

CDP Lends €100m to the AFC for Ecological Transition

The Italian development finance institution Cassa Depositi e Prestiti (CDP) has granted AFC a €100 million…

Hamburg to Boost Green Hydrogen Projects with EUR 223m

Hamburg senate is set to co-finance the development of 8 green hydrogen projects. The projects will…

Shoprite to Ink $20m for Green Projects in South Africa

Shoprite plans to invest in green projects to reduce its carbon footprint. Retailer Shoprite has announced…

AfDB, IFC Plan Clean Energy Financing for Africa

Both organisations are in talks over creating opportunities for clean energy investments. The virtual meeting will…

BOAD Launches Program to Boost Renewable Energy Adoption

BOAD inaugurates the PPIPS program to increase electricity access via solar energy. The program will be…