Africa50 and the International Renewable Energy Agency (IRENA) have announced a $100 million partnership to advance…
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Africa50 Pledges $100m for Renewable Energy Projects in Africa
Africa50, a pan-African infrastructure investor and asset management group, has pledged to commit $100 million to…
ATIDI to Provide $117M Liquidity for Globeleq’s 35MW Geothermal Project in Kenya
The African Trade and Investment Development Insurance (ATIDI) will provide a US$117 million liquidity cover to…
MIGA Secures $50.3M for Nuru’s Solar Grids in DRC
The Multilateral Investment Guarantee Agency (MIGA) issued a $50.3 million guarantee to Congo Energy Solutions (Nuru)…
EU Approves €3 Billion for German Hydrogen Infrastructure
The European Commission has approved approximately 3 billion euros ($3.2 billion) in state aid from Germany…
InfraCredit Secures $15 Million AfDB Loan
InfraCredit secured a $15 million facility from the African Development Bank Group (AfDB). This subordinated unsecured…
Masdar to Purchase EUR 3.2bn Greek Renewables Firm Terna
Masdar, the UAE’s clean energy leader, has announced that it has reached a definitive agreement with…
EBRD Funds Tunisia-Italy Energy Link: ELMED Project Advances
The European Bank for Reconstruction and Development (EBRD) has pledged €45 million to support Tunisia’s Société…
Release by Scatec Expands Solar Power in Cameroon
Persistent power outages continue to disrupt economic activities in Cameroon, prompting Norwegian company Release by Scatec…
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…