African Clean Energy Developments has reached financial close with its lender Rand Merchant Bank on the 69MW Msenge Emoyeni…
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SOLARCYCLE Raises $30 Million to Scale the Company’s Recycling Capacity
Solar module recycling startup SOLARCYCLE raised $30 million in a recent Series A round, bringing the…
Ofid Lends $25 million for Solar Photovoltaic Electrification in Niger
Niger has obtained $25 million in funding from the Opec Fund for International Development (OFID) to…
Lion Electric (LEV) Crosses 10 Million Miles
According to the commercial EV manufacturer’s fourth-quarter earnings released Friday, Lion Electric ($LEV) has officially crossed…
ITFC, The Republic of Tunisia, Sign Three Trade Financing Agreements
The International Islamic Trade Finance Corporation, ITFC, a member of the Islamic Development Bank (IsDB) Group,…
Nigeria’s Energy Transition Challenges to Gain Traction at Confab
As international industry experts assemble at the Middle East Energy Conference, the persisting energy crisis in…
ARDA seeks Sustainability in Africa’s Downstream Energy Transition
African Refiners and Distributors Association (ARDA) has called for leeway to ensure downstream energy transition in…
South Africa Declares ‘State of Disaster’ Over Energy Crisis
On Thursday, South African President Cyril Ramaphosa declared a national “state of disaster” over his country’s…
Nigeria’s Power Sector Is Struggling — Collaborative Business Models for Distributed Energy Resources Can Help
Of the approximately 200 million people in Nigeria — sub-Saharan Africa’s largest economy — 85 million…
IsDB Provides US$ 133.59 million for the Cameroon-Chad Electricity Interconnection Project
The Board of Executive Directors of the Islamic Development Bank (IsDB) held a meeting chaired by…