AfDB, Trade and Development Bank to Finance $15m Clean Technologies in Africa

The African Development Bank (AfDB) Group has announced a follow-up equity investment of $15 million in…

FG Unveils Carbon Market Activation Plan Committee

The Vice President of Nigeria, Kashim Shettima, will inaugurate the committee to develop the National Carbon…

NNPC Collaborates with US and Deloitte to Meet Net-zero Targets

The Nigerian National Petroleum Company (NNPC) Limited, on Thursday, said it was working in collaboration with…

Egypt Seeks Power Link to Export Electricity to Europe

Egyptian Minister of Electricity and Renewable Energy, Mohamed Shaker, said Egypt is seeking to establish power…

EU Targets €1.5tn Annually for 2050 Net-Zero Emissions

The European Union (EU) targets 1.5 trillion euros ($1.6 trillion) annually for its 2050 net-zero emissions…

Avaada Group Signs MoU with Gujarat for 6GW Hybrid Projects

Avaada Group, a leading integrated energy platform in India, has entered into a Memorandum of Understanding…

World Bank Grants Iberdrola €300m to Develop Renewable Projects

The World Bank’s private sector investment arm, the International Finance Corporation (IFC), has granted Iberdrola, a…

BasiGo Secures BII’s $5m Loan for EV Assembly

BasiGo has received a $5 million (KSh766.7 million) loan from British International Investment (BII) to support…

AfDB Commits €101m to Electricity in Kenya

The Board of Directors of the African Development Bank (AfDB) Group have approved a €101.10 million loan…

World Bank Funds KenGen’s Battery Storage Project

The World Bank has selected Kenya Electricity Generating Company (KenGen) to execute a battery storage pilot…