Egypt is leading in the European Bank for Reconstruction and Development’s (EBRD) 2023 investments in the southern and…
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Circular Economy in Africa: A Paradigm Shift in Energy Consumption
Circular economy has gained traction worldwide as a means of redefining energy consumption. A circular economy…
IFC Invests $20m in Africa50 for Sustainable Infrastructure
The International Finance Corporation (IFC) invests $20 million in the Africa50 Sustainable Infrastructure Acceleration Fund (IAF).…
UAE’s ADNOC to Allocate $23bn for Decarbonisation
UAE’s Abu Dhabi National Oil Company (ADNOC) said today that it would allocate $23 billion for…
EDP’s CEO Highlights EU’s Struggles in Green Energy Projects
Miguel Stilwell D’Andrade, CEO of Energias de Portugal (EDP), spoke at Davos, highlighting Europe’s struggle with…
Egypt to Set Up Green Data Centre
Egypt is preparing to establish a green data centre project. This project would harness about 200…
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…
EIB, BPCE Sign €300m Deal for SMEs’ Green Transition in France and Europe
The European Investment Bank (EIB) has signed a €300 million financial agreement with Groupe BPCE, a…
IFC Announces $30m Equity Investment in Africa Infrastructure Investment Fund
The International Finance Corporation (IFC) announced a $30 million equity investment in the Africa Infrastructure Investment…
Petrobras Shifts Focus to Local Greenfield Projects
Petrobras, the state-run Brazilian oil firm, has announced that it would not invest in foreign wind…