Norfund Invests $307M in Kenya’s Electromobility

Norwegian investment fund Norfund has announced a $307 million investment in Kenya’s electromobility sector, focusing on…

World Bank Names Dr Ndiamé Diop as Nigeria Country Director

The World Bank appointed Dr Ndiamé Diop as the new Country Director for Nigeria. He succeeds…

Population Growth: A Menace to Electricity Access in sub-Saharan Africa

Sub-Saharan Africa now accounts for 83% of the global energy access deficit, a significant increase from…

Debt Repayments Hinder Clean Energy Investments in Africa

The World Energy Investment report states that debt repayments hinder clean energy investments in Africa. To…

OPG Launches CAD 1B Bond Sale for Clean Energy Projects

Ontario Power Generation (OPG) has launched a significant bond sale to raise CAD 1 billion (approximately…

USAID Mobilises N245bn for Infrastructure, Renewable Projects in Nigeria

Through the United States Agency for International Development (USAID) and Chapel Hill Denham, a leading investment…

InfraCredit Secures $15 Million AfDB Loan

InfraCredit secured a $15 million facility from the African Development Bank Group (AfDB). This subordinated unsecured…

REA & EM-ONE to Deploy 350MW RE Projects Targeting Businesses and Healthcare

The Rural Electrification Agency (REA) and EM-ONE Energy Solutions signed a Memorandum of Understanding (MoU) to…

Standard Chartered Seeks Collaboration for Clean Energy Initiatives

Standard Chartered Bank Nigeria Limited has called for more vital collaboration in clean and renewable energy…

IsDB Approves $225m for Energy Projects in Nigeria, Malaysia

The Islamic Development Bank (IsDB) has approved $225 million in financing for energy and infrastructure projects…