AFC plans to raise $2bn in 3 years to fund climate-resilient projects. The funds will be…
Search Results for: green energy sector
SOUTH AFRICA: Environmental Groups Reject Costlier Electricity From Karpowership Deal
Environmental groups reject expensive electricity from Karpowership Hosts protests against Karpowership projects in the greater…
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…
UK to Finance Siemens Gamesa, GRI Renewable Local Wind Manufacturing
The UK government will fund wind manufacturing expansion plans. The government will provide up to…
Why are Investors Divesting from Fossil Fuels?
Fossil fuels are non-renewable energy fuels formed from the anaerobic decomposition of organic matter over…
EIB Releases Report on Scaling Off-Grid Solar in Africa
The EIB and ISA have released a report that tackles challenges with off-grid solar financing. The…
GHANA: AfDB, KOAFEC Fund Database System for Ghana’s PURC
AfDB, KOAFEC funds database for Ghana’s PURC The database aims to improve the operations of the…
SEFA Approves Record Number of Transactions in 2020, Secures $90 Million in New Funding
The Sustainable Energy Fund for Africa (SEFA) approved seven high-impact projects worth $54 million in 2020,…
Wärtsilä to Develop 100% Hydrogen Engine and Power plant Concept by 2025
Wärtsilä pioneering significant test programme for pure hydrogen engines to enable fully decarbonised energy systems The technology…
GCF Approves $170.9m in Co-Financing for AfDB’s LEAF Programme
The GCF has approved $170m in financing for AfDB’sLEAF programme. The programme aims to strengthen…