COP 27 -Daily Updates

Day 10-  Climate and Biodiversity: The 1.5°C window. The 10th day of the COP27 forum, themed…

U.S. Launches Carbon Offset Program to Help Developing Countries

Fossil fuel companies are also not allowed to participate in the program. The Energy Transition Accelerator…

AfDB Supports Mozambique to Boost RE

AfDB has approved a grant of $2.5 million to the Mozambican government. The fund will include…

Empower Secures $74m to Provide Solar Energy to Businesses

 Empower New Energy is raising $74 million to finance the solarisation of African businesses. The funds…

Bangladesh Power Restored After Blackout   

  Bangladesh experienced a blackout after a power grid failure.  Power shortage is posing a threat…

Covid-19 Green Off-Grid Support Receives $20m Funding

The funding partners of the Covid-19 Off-Grid Recovery Platform announce an additional $20 million in funding.…

Africa Loses 15% of GDP to Climate Change

Africa is losing 5% to 15% of GDP per Capita due to climate change. Africa accounts…

Naturgy Energy Group Acquires Mega Clean Power Project

The firm has purchased a ready-to-build project for a 125 MW solar PV farm with a…

Nigeria Energy Conference to Attract 21 Countries

Leading energy companies from SSA countries to converge in Nigeria for an energy discourse. The Nigeria…

Geregu Power Announce Successful Bond Issuance

Geregu Power Plc has announced its successful issuance of a ₦40.085 billion  The transaction, which represents…