IEA: Africa Needs $22 Billion Annually for Universal Electricity by 2030

In its June 2024 report on clean energy investment for development in Africa, the International Energy…

AfDB and Italy Team Up to Boost Africa’s Future with the Mattei Plan

In a significant move to bolster Africa’s economic development through the Mattei Plan, Italian Prime Minister…

Candi Solar Raises $38M to Expand in India, South Africa

Candi Solar, a solar energy provider based in Zürich, has secured $38 million (EUR 35.2 million).…

Sibanye Signs PPA for 140MW Wind Power in South Africa

Sibanye-Stillwater has closed a significant power purchase agreement (PPA) to procure 140 megawatts (MW) of wind…

Amea Power Funds 120 MW Solar Plant in South Africa

Dubai-based Amea Power has secured funding for a 120 MW solar project near Klerksdorp in South…

United Kingdom Invests $17M in Nigerian Clean Energy

Ndidiamaka Eze, Senior Press and Public Affairs Officer for Prosperity and Economic Development, has announced that…

South Korea Expands African Ties

The industry ministry said Wednesday that South Korea signed nearly 50 deals with leaders from 48…

UK Funds Arnergy, Koolboks, BURN with $17m to Boost Clean Energy

Arnergy, Koolboks, and BURN Manufacturing have secured $17 million in foreign direct investment (FDI) from the…

South Korea Commits Billions in Aid and Investment for Africa

President Yoon Suk Yeol of South Korea unveiled a comprehensive strategy to enhance economic cooperation with…

Geregu Power, Siemens Energy Sign MoU for 500MW Upgrade

In a significant move to bolster Nigeria’s power generation capabilities, Geregu Power PLC, a leading power…