Sun Exchange Secures $2.5m Financing from ARCH

Sun Exchange has secured a $2.5m investment from ARCH. Sun Exchange provides a crowd-based solar leasing…

Ecoligo Acquires Namene C&I Division

Ecoligo has acquired Namene’s West Africa C&I business. Namene will focus on its solar lamp business.…

EDFI ElectriFI to Provide $6m for SHS Deployment in Africa

Amped has signed a partnership with EDFI ElectriFI EDFI will provide a $6m capital facility to…

Gridworks and New GX to Fund SPS Expansion into West Africa

Gridworks and New GX have invested $40m in South African C&I developer SPS.  SPS plans to…

CASIL Acquires Dubai-Based Wind and Solar Developer Alcazar

  CASIL has acquired UAE Clean energy company, Alcazar. CASIL is looking to expand into the…

AfDB Covid-19 Off-Grid Recovery Platform Reaches Financial Close

The African Development Bank has reached a financial close on financing agreements for a $20 million…

RWANDA: Energiecotel Begins Trading on RSE

  Energiecotel begins trading on RSE Becomes first indigenous private energy firm to list on the…

Hanwha Q Cells Acquires RES France 5GW Portfolio

  Hanwha has acquired RES France. The deal will double Hanhwa’s portfolio on the continent. The…

Daystar Power to Expand Services with $20m IFC Loan

  Daystar closes a $20m financing deal with IFC. The company has raised over $80m this…

EGYPT: Russia Begins Manufacturing Equipment for El Dabaa Nuclear Plant

Russia begins manufacturing equipment for El Dabaa nuclear plant Egyptian delegation visits Russia Egyptian delegation led…