World Bank Targets $20 Billion in Annual Guarantees

The World Bank Group launched a new loan and investment guarantee platform on Monday, July 1,…

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…

Tinubu: Vulnerable People Must Live Well for Energy Transition to Succeed

President Bola Ahmed Tinubu has said that for the energy transition to succeed, vulnerable people must…

BII is Committed to African Energy Sector Growth – Richard Charlton, Head of Infrastructure Equity (Africa and Pakistan), BII

In a recent Grid Code podcast interview with the Electricity Hub, Richard Charlton, Head of Infrastructure…

InfraCredit Secures $15 Million AfDB Loan

InfraCredit secured a $15 million facility from the African Development Bank Group (AfDB). This subordinated unsecured…

NNPCL to Invest $550 Million in Gas Processing Facility in Rivers State – source

Nigerian National Petroleum Company Limited (NNPCL) has revealed plans to invest $550 million in a new…

Kenya to Transform Transport Using Electric Trains in Key Regions

Kenya has embarked on an ambitious plan to rehabilitate and modernize its rail network across all…

NADDC to Accredit CNG Vehicle Conversion Workshops in Nigeria

The National Automotive Design and Development Council (NADDC) is poised to begin the accreditation and certification…

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…

AfDB and Italy Team Up to Boost Africa’s Future with the Mattei Plan

In a significant move to bolster Africa’s economic development through the Mattei Plan, Italian Prime Minister…