IFC, Rockefeller Foundation to Unlock $2bn Private Funding for Distributed Clean Energy in Africa

Both organisations will mobilise up to $2bn in private sector investment. Funding will prioritise countries where…

Should Africa Pay the Price for Global Energy Transition?

The world is gradually making the push for cleaner and sustainable sources of energy. While countries…

Group Urges G7 Leaders to End Oil and Gas Financing in 2021

The economists believe that G7 countries should end oil and gas financing as they end coal…

Namibian Bank Raises Over $16m from Country’s First Sustainability Bond

Bank Windhoek issued US$16.72 million worth of sustainable debt. The country had issued its first green…

EU to Allow States Provide 100% Subsidies for Clean Energy Projects

Countries could now provide 100 per cent subsidies for sustainable projects. The revised rules will cover…

BOTSWANA: Minister Calls for Private Sector Participation Electricity Sector

Minister calls for private sector participation Suggests the use of PPP. Botswana’s Minister of Mineral Resources,…

Hydroneo Set to Resuscitate Hydropower Project in Malawi

Hydroneo has signed an agreement with Finergreen in a bid to reach a financial close on…

Chairman of Irish Clean Energy Company Resigns Following Disparaging Africa Comments

Eddie O’Connor, founder and chairman of one of  Ireland’s largest clean energy company, has resigned. The…

Saudi Arabia’s Largest Solar Plant Set for Financial Close

Saudi Arabia’s largest solar PV project is set to achieve financial close. The development of the…

TANZANIA : Tanzania, AfDB Sign Loan Facility

AfDB to finance hydropower project in Tanzania Signs $140 million finance facility Malagarasi project in Kigoma…