Afreximbank (the African Export-Import Bank) has signed a financing agreement for a renewable energy project in…
Tag: DRC
World Bank Targets $80B for Africa’s Mega Inga Dam
The Democratic Republic of Congo (DRC) inches closer to securing funds for the Grand Inga Dam,…
Germany’s KfW Invests €20 Million in DRC Hydropower Substation Upgrade
Germany’s KfW has invested €20 million ($22.1 million) to modernise the substation at the Inga I…
MIGA Secures $50.3M for Nuru’s Solar Grids in DRC
The Multilateral Investment Guarantee Agency (MIGA) issued a $50.3 million guarantee to Congo Energy Solutions (Nuru)…
US, Saudi Plans to Secure Metals in Africa for Energy Transition
The United States and Saudi Arabia are discussing plans to secure metals needed for their energy…
Husk Power to Mobilise $500 Million for Mini-grid in Africa
Husk Power, an energy company, has launched the ‘Africa Sunshot initiative’ to mobilise $500 million over…
Orange and Bboxx Collaborate to Deploy Mini-grid in DRC Community
DRC, Bboxx and Orange Collaborate on a mini hybrid solar power plant in Bagira. This collaboration…
SICOMINES Will Build 18 Solar-Powered Boreholes in the DRC
SICOMINES is set to build 18 solar-powered boreholes in communities in the DRC. The company is…
MONUSCO Funds Solar-Power Lighting in Congo
MONUSCO works towards public lighting to reduce insecurity. The organisation subsidises solar power lamps in Mavivi.…
AGG Loans Bboxx USD5.5 Million for SDG-7 Project
Bboxx is set to provide clean energy solutions in Africa. AGG’s loan to Bboxx will support…