UK Backs $239M AfDB Loans for Climate Finance Program

The United Kingdom(UK) has guaranteed Mauritius and Benin two African Development Bank (AfDB) loans totalling $239…

CIF Endorses $70m for Renewable Energy in Kenya

The  Climate Investment Funds (CIF) has endorsed a $70 million plan, with an initial allocation of…

Facts About Geothermal Energy

Geothermal energy is renewable energy produced from the earth’s core. It comes from heat generated during…

Financing Clean Energy Projects: Opportunities and Challenges and Opportunities in Africa

Despite having one-fifth of the world’s population, Africa currently accounts for only 3% of global energy…

Madagascar Hybridises Oil Power Plants with Solar PV, Plans 2nd Phase

Madagascar hybridises three large-scale heavy-fuel oil power plants with solar photovoltaic (PV) and plans to commence…

NSIA, All On Partner to Power Energy-deprived Communities

The Nigeria Sovereign Investment Authority (NSIA) and All On, a renewable energy investor, are collaborating to…

BlackRock Invests $400m in Positive Zero for Gulf Countries’ Energy Transition

Positive Zero, a Dubai-based decarbonisation firm, secured a significant investment of up to $400 million from…

NIGERIA’S MEASURES TO PROTECT CONSUMERS FROM RISING ENERGY PRICES

Subsidies have been a primary tool the Nigerian government employs to mitigate the impact of rising…

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…