Africa’s geothermal sector will attract at least $35 billion in investments by 2050, showing geothermal’s critical…
Tag: Africa
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…
Sterling Powers its Headquarters with Solar Energy
Yesterday, Sterling Bank announced that the iconic Sterling Towers in Lagos now operate on an advanced…
Scatec Signs $100m Loan with World Bank for Clean Energy in Africa
Scatec (Release) signed a $100 million loan agreement with the World Bank’s International Finance Corporation (IFC) to replace…
Italy to Invest in Africa –Eni
Eni, Italy’s largest importer of natural gas and a state-controlled energy multinational has said that Italy…
All On, GEAPP Pledges $15m for Renewable Technology
During COP28, All On and the Global Energy Alliance for People and Planet pledged an additional…
Nigeria, Africa to Benefit from Italy’s €5m Sustainable Energy Fund
During a side event at the ongoing COP28 in Dubai, Italy announced a new contribution of…
COP28: Nigeria, Other African Countries to Join BESS Consortium
Nigeria and several African countries have expressed interest in joining the Battery Energy Storage Systems (BESS)…