The European Commission has approved approximately 3 billion euros ($3.2 billion) in state aid from Germany…
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InfraCredit Secures $15 Million AfDB Loan
InfraCredit secured a $15 million facility from the African Development Bank Group (AfDB). This subordinated unsecured…
BII Commits $15m to Tanzania’s Wind and Hydropower Projects
British International Investment (BII) has committed $15 million (EUR 13.9 million) to fund Rift Valley Energy’s…
World Bank Supports Guinea-Bissau’s Solar Power Expansion
The World Bank announced significant financial backing for Guinea-Bissau’s pioneering solar power initiative to reduce carbon…
Alight Advances 100-MW Solar Project in Finland
A European solar power developer, Alight, has secured crucial approvals for its 100-MW solar project in…
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…
The Akinwumi Adesina June 12 Interview on BBC’s HardTalk, Explained
Africa is poised to undergo the most significant transformation of any continent in this century. By…
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).…
NGF Proposes Licensing New Players in Power Distribution
The Nigeria Governors’ Forum (NGF) plans to inject fresh momentum into the nation’s power sector by…