AfDB, AFD to Fund the Kakono Hydropower Plant with $276 million in Tanzania

The Kakono hydropower project in Tanzania is proceeding as planned. Both the African Development Bank (AfDB)…

Nigeria Off-Grid Market Acceleration Program’s (NOMAP) Stakeholder Convening on Productive Use of Energy

[Press Release] — Abuja, April 13, 2023 – The Nigeria Off-Grid Market Acceleration Program (NOMAP), a…

Nigeria’s Global Energy Demand to Increase By 23% to 2045 – OPEC

According to the Organization of Petroleum Exporting Countries (OPEC), the need for primary energy would rise…

IFC Funds OCP to Electrify Phosphate Production Using Solar PV in Morocco

To lower production costs and the carbon impact of its activities in Morocco, OCP Group (previously…

UK Forms Strategic Alliance to Adopt Nuclear as Fuel for Future Energy Needs

The UK has strategically allied with Canada, France, Japan and the US to meet future energy needs through nuclear fuel. Announced at the…

BII and Shell to Invest $245 Million in Elean Energy in Africa

A recent agreement between the Shell Foundation and British International Investment (BII), the financial arm of…

Energy Storage Firm Awarded £9m by UK Government

Synchrostor plans to build a 1MW demonstration plant which will be able to charge, store and…

Vibrant Energy to be for Funded 300 MW of Solar-Wind hybrids in India

Indian renewables company Vibrant Energy has obtained project funding of more than INR 22 billion from…

“Africa can Become First Green Civilisation with Renewable Energy” -VP Yemi Osinbajo

Through the utilization of renewable energy, Vice President Yemi Osinbajo believes that Africa may establish itself…

IBL and Stoa Invest in Equator Energy

Via Equator Energy, two financial institutions are promoting the growth of renewable energy in Africa. The…