IFC Announces $30m Equity Investment in Africa Infrastructure Investment Fund

The International Finance Corporation (IFC) announced a $30 million equity investment in the Africa Infrastructure Investment…

World Bank Grants Iberdrola €300m to Develop Renewable Projects

The World Bank’s private sector investment arm, the International Finance Corporation (IFC), has granted Iberdrola, a…

Germany’s Renewable Energy Surge: 55% in 2023

Germany’s energy regulator reported that renewable energy accounted for 55% of electricity on national networks in…

EU Unveils Energy Overhaul Plan For Renewable Surge

European Union energy commissioner Kadri Simson unveiled a plan to overhaul the bloc’s 40-year-old electricity infrastructure…

Australia Boosts Spending on New Renewable Energy Projects

Australia’s Energy Minister, Chris Bowen, has said Australia will step up spending to underwrite new wind,…

Australia to Map Out A$1bn for Transition to Renewable Power

Australia’s Victoria state has said it would invest an initial A$1 billion ($630 million) to help…

EU to Disburse €150 Billion for Nigeria, Africa’s Infrastructure

The European Union (EU) has said it will disburse 150 billion Euros in four years by 2027 through…

President Biden Unveils Seven Proposed Hydrogen Hub 

The Biden administration has unveiled seven proposed “hydrogen hubs” in 16 states. The hydrogen hub will share…

CRITICAL CONSIDERATIONS FOR RAIL DECARBONISATION IN THE AFRICAN CONTINENTAL FREE TRADE AREA (AFCFTA) PLANS 

The African Continental Free Trade Area (AFCFTA) agreement symbolizes a significant milestone in accelerating economic integration…

NERC Licenses 17 Independent Network Operators

The Nigeria Electricity Regulatory Commission (NERC) said it had licensed 17 Independent Electricity Distribution Networks (IEDN)…