Persistent power outages continue to disrupt economic activities in Cameroon, prompting Norwegian company Release by Scatec…
Search Results for: sustainable financing
IEA: Africa Needs $22 Billion Annually for Universal Electricity by 2030
In its June 2024 report on clean energy investment for development in Africa, the International Energy…
Amea Power Funds 120 MW Solar Plant in South Africa
Dubai-based Amea Power has secured funding for a 120 MW solar project near Klerksdorp in South…
Value Addition is Key in Agric, Climate Change Adaptation – Makhtar Diop, IFC MD
The International Finance Corporation (IFC) Managing Director Makhtar Diop, currently on a three-day visit to Nigeria,…
AfDB SEFA Grants Ethiopia DREAM $8m for Solar Minigrids
The African Development Bank Group (AfDB) has awarded the Ethiopia Distributed Renewable Energy and Agriculture Modalities…
South Korea Commits Billions in Aid and Investment for Africa
President Yoon Suk Yeol of South Korea unveiled a comprehensive strategy to enhance economic cooperation with…
Major Pacts Signed at EAIF 2024
Last week, from May 21-23, the Alliance for Rural Electrification (ARE) hosted the Energy Access Investment…
IFC Launches $4 Billion Fund for Climate, Agric Businesses in Emerging Markets
The World Bank’s private finance arm, the International Finance Corporation (IFC), launched a $4 billion program…
Project Qoray Leads EV Expansion in Nigeria
In a bid to align with the Nationally Determined Contributions (NDCs) to meet the 1.5oC Paris…
REA, Husk Power Sign MoU to Generate 250MW DRE
The Rural Electrification Agency of Nigeria (REA) and Husk Power Systems have signed a Memorandum of…