The World Bank’s International Finance Corporation (IFC), in partnership with Social Investment Managers and Advisors LLC…
Tag: Africa
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…
Italy Commits 5.5 Billion Euros For African Development
At the Italy-Africa Summit on January 29, 2024, Prime Minister Georgia Meloni unveiled a 5.5 billion…
Italy Reveals Energy, Migration Plan for Africa
The Prime Minister of Italy, Giorgia Meloni, unveiled her plan for the continent during a summit…
WEF: LONGi Partners with Shenzhen to Provide Solar Products to Africa
LONGi Green Energy Technology has partnered with Shenzhen Power Solution to provide tailor-made solar products, including…
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…
Africa’s Geothermal Sector to Attract $35bn Investments by 2050 — Rystad Energy
Africa’s geothermal sector will attract at least $35 billion in investments by 2050, showing geothermal’s critical…
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…
IFC Announces $30m Equity Investment in Africa Infrastructure Investment Fund
The International Finance Corporation (IFC) announced a $30 million equity investment in the Africa Infrastructure Investment…
Kenya Startups Attracted $800m Venture Capital in 2023 –Report
Kenyan startups attracted $800 million (Sh127.2bn) in venture capital in 2023, surpassing Egypt, Nigeria and South…