EIB and DBSA to Co-Finance €400m for Clean Energy in SA

 The European Investment Bank (EIB) signs a partnership with the Development Bank of South Africa (DBSA)…

KENYA: Basigo Announces $6.6m for E-Buses

 BasiGo has secured $6.6 million in new funding to accelerate electric bus uptake in the country.…

Nigeria Can Use 100% RE Power System by 2060- Wärtsilä Report

Nigeria could lead Africa to Net Zero, using 100% Renewables by 2060 With the given strategy,…

Nigeria Energy Sector Experiences the Highest Inflation Rate Since 2017

 The Nigerian energy sector experienced 16.8% inflation in October 2022. The persistent naira depreciation contributes immensely…

Engie to Build a 3,000 MW Wind Farm in the Gulf of Suez

Engie signs a contract with the Egyptian authorities to develop a 3,000 MW wind farm. The…

AllianzGI, EIB Announces $100m for RE Investment

Allianz Global Investors and EIB announce a combined $100 million fund for renewable energy projects. The…

HDF, EIB Collaborates for Namibia’s First Hydrogen Plant

HDF and EIB build Namibia’s first hydrogen plant. Namibia’s green hydrogen industry is worth €500 million.…

EGYPT: Africa’s First Green Hydrogen Plant Situated in Ain Sokhna

 A consortium of companies is commissioning Africa’s first green hydrogen production facility. The facility is situated…

Fortescue to Produce Green Ammonia for Agriculture in Naivasha

Fortescue Future Industries (FFI) signs a contract with the Kenyan authorities to decarbonize agriculture. FFI plans…

ECREEE, GGGI Announces $75m for RE Facility

ECREEE and GGGI propose EREF for business growth in West Africa. The facility is said to…