The national electricity company of Senegal (Senelec) has signed a €200 million ($217,570,000) contract with a…
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Egypt Secures $100m Loan from EBRD for Green Transition
Egypt is leading in the European Bank for Reconstruction and Development’s (EBRD) 2023 investments in the southern and…
Beeah Group Clinches Sustainability Award at the 11th International Finance Awards
Beeah Group, UAE, won two categories at the 11th International Finance Awards in Dubai. They won…
Ørsted to Acquire 50% Share of Sunrise Wind in New York
Ørsted has signed an agreement with Eversource to acquire Eversource’s 50 per cent share of Sunrise…
OMP to Install 1.56MWp Solar System in Gabon
Owendo Mineral Port (OMP) is going green by installing a 1.56 MWp solar system strategically 21…
Nigeria’s Power Grid Collapsed 46 Times in Six Years – IEA
A report by the International Energy Agency (IEA) said yesterday that Nigeria’s national power grid collapsed…
British Drax to Launch Carbon Removal Business
Drax, the British power plant operator, plans to establish an independent business focused on becoming the…
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…
IFC Invests $20m in Africa50 for Sustainable Infrastructure
The International Finance Corporation (IFC) invests $20 million in the Africa50 Sustainable Infrastructure Acceleration Fund (IAF).…