OPEC Funds 55 Renewable Energy Projects with $1.7bn in Africa, Others

Several renewable energy projects in Africa have benefitted from the $1.7 billion financing from the Organization…

CIF Endorses $70m for Renewable Energy in Kenya

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

WEF: Stakeholders Launch Clean Energy Initiative for Developing Countries

The Clean Energy Investment Mobilization Network for the Global South was launched after the World Economic…

Renewable Energy: Urgent Action Necessary for 2030 Targets

The International Energy Agency (IEA) reported a 50 per cent increase in new renewable energy capacity…

Aggreko Acquires RenEnergy in South Africa and UK

Aggreko, a global energy solutions provider, has acquired the South Africa- and UK-based businesses of RenEnergy group.…

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…

Nigeria to Fund Energy Transition with Revenue from Fossil Fuels

The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has said that despite calls…

Egypt and BRICS Collaborate on Electricity and Renewable Energy

Mohamed Shaker, the Minister of Electricity and Renewable Energy and Vladimir Kazbekov, the Deputy Head of…

Zambia Unveils $200m Green Bond For Solar Energy Push

Zambia enters the green bond market with a $200 million program led by Copperbelt Energy Corporation…

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…