Afreximbank Confirms Disbursement of $2.25bn Crude Oil Prepayment Facility

The African Export-Import Bank (Afreximbank) has confirmed the initial disbursement of $2.25 billion out of the…

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…

ATIDI to Support 20MW Solar Project in Uganda

African Trade & Investment Development Insurance (ATIDI) announced its plans to support the 20 megawatts Ituka…

Kenya’s EPRA Hikes Electricity Price by 16.5%

Kenya’s Energy and Petroleum Regulatory Authority (EPRA) has announced another electricity price hike of 16.5 per…

Ugandan Government to Stop Paying for Unused Electricity

The Ugandan government has announced it will discontinue payments for deemed power as the Achwa and…

Burkina Faso Adds 68MW Solar Power to Grid

Burkina Faso unveiled two solar power plants in Pâ and Kodéni, adding 68 MW to its…

Masdar, Hy24 Partner to Develop Green Hydrogen Projects

Masdar, an Abu Dhabi renewable energy company and Hy24, a clean hydrogen investor, have agreed to…

KWASU Converts Petrol-powered Bus to Electric

The engineering team at the Centre for Sustainable Energy, Kwara State University (KWASU), has converted a…

AfDB: Africa’s Hydropower Plant Set for Upgrades

Bank officials of the African Development Bank (AfDB) have announced that the bank is drawing up…

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…