Scatec Signs $100m Loan with World Bank for Clean Energy in Africa

Scatec (Release) signed a $100 million loan agreement with the World Bank’s International Finance Corporation (IFC) to replace…

World Bank Funds Clean Energy in Nigeria

The World Bank allocates $750 million for clean energy projects in Nigeria. This move addresses the…

World Bank Approves $750m for Renewable Energy Project in Nigeria

The World Bank announced on Friday that it has approved the Nigeria Distributed Access through Renewable…

Oando Partners with Cross River to Build EV Plant

Oando Plc has partnered with the Cross River State Government to create an electric vehicle (EV)…

REA to Showcase Wins at COP28 With Side Events

The Rural Electrification Agency (REA) of Nigeria will host a multi-format side event at the Nigeria…

World Bank Funds KenGen’s Battery Storage Project

The World Bank has selected Kenya Electricity Generating Company (KenGen) to execute a battery storage pilot…

Masdar, PwC Release Renewable Energy Report in West Africa

Masdar and PwC Middle East have released a new report showing West Africa’s renewable energy potential.…

Arc Power: $10m Boost For Rwanda’s Clean Energy Expansion

London-based Arc Power, a key electricity access provider, got $10 million from Dutch investors Triodos Investment…

Oikocredit Funds Solar-Powered Expansion in Zambia

Dutch investor Oikocredit injects $2 million into RDG Collective to aid solar photovoltaic system distribution in…

Will Nigerians be Free from Energy Poverty?  

Nigeria, Africa’s giant, has abundant resources with a promising potential for a thriving economy; however, it…