States Demand for Decentralised REA Projects

Last week, at a stakeholder roundtable hosted by the Rural Electrification Agency (REA), states demanded decentralisation…

Abu Dhabi Commercial Bank, Schneider Collaborate to Finance Green Projects in Egypt

Abu Dhabi Commercial Bank Egypt and Schneider Electric, an energy management and automation firm, have partnered…

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,…

EU to Invest €37m to Boost Electrification in Nigeria

The European Union has disclosed plans to invest €37 million to boost hydropower, solar power for health…

Air Liquide Signs Virtual Power Purchase Agreement with Statkraft

Air Liquide has signed a long-term Virtual Power Purchase Agreement (“VPPA”) with Statkraft, the largest producer…

Mozambique’s Natural Gas May Generate $100bn

Mozambique’s natural gas reserves may generate $100 billion, signalling the nation’s pivotal role in the energy…

Exxon Set to Exit Equatorial Guinea

Exxon has announced that the firm is leaving Equatorial Guinea before the end of Q2/2024 after…

Solarcentury, SolNam Receives License to Build 60MWp Solar Project in Namibia

Solarcentury Africa and SolNam have announced that they have received an updated generation license from the…

Rhovan Commences 25MW Solar PV Plant in South Africa

Rhovan, a vanadium mining and processing facility managed by Glencore Ferroalloys, is embarking on a transformative…

Mozambique to End Hydropower Supply to Eskom

Mozambique plans to end hydropower supply to Eskom. This is raising risks for South Africa’s economy and…