The East African Community (EAC) partner states have reaffirmed their commitment to enhancing energy efficiency and…
Search Results for: energy investments
Despite Electricity, Forex Challenges, Africa Records 40% of Investments in Greenfield MegaProjects in 2022 – AfDB
In its January 2024 report on Africa’s economic performance and macroeconomic outlook, released February 16, 2024,…
World Bank Funds Renewable Energy Drive in Africa with $300 million
The World Bank has allocated $300 million to bolster renewable energy drive access in Eastern and…
Australia to Join Global Clean Energy Subsidy Race – AFR Reports
The Australian Financial Review reported that Australia plans to unveil a range of financial incentives to…
Saudi Arabia Chooses Energy Transition over Oil Capacity Expansion
Saudi Arabia’s energy minister has stated that the U-turn on its oil capacity expansion plans was…
The Role of Information Accessibility to Energy Sector Consumers
Information accessibility refers to providing specific information that helps consumers of energy products at purchase or use. Consumers often…
EIB Funds Renewable Energy Worldwide
The European Investment Bank (EIB) approved EUR 1.6 billion (USD 1.72bn) for renewable energy and electricity…
Schneider Electric to Optimise Energy Capacity for Efficient Power Management
Schneider Electric, a global leader in energy management and automation, has announced plans to optimise energy…
OPEC Funds 55 Renewable Energy Projects with $1.7bn in Africa, Others
Several renewable energy projects in Africa have benefitted from the $1.7 billion financing from the Organization…
Italy Reveals Energy, Migration Plan for Africa
The Prime Minister of Italy, Giorgia Meloni, unveiled her plan for the continent during a summit…