World Bank Approves $300m for Climate and Economic Stability in Ghana

The World Bank has approved a $300 million Development Policy Operation for Ghana to help its…

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 Joins Consortium to Develop BESS

Kenya has joined the nine African countries to form a consortium leading the world to develop…

World Bank Grants Iberdrola €300m to Develop Renewable Projects

The World Bank’s private sector investment arm, the International Finance Corporation (IFC), has granted Iberdrola, a…

World Bank Funds Clean Energy in Nigeria

The World Bank allocates $750 million for clean energy projects in Nigeria. This move addresses the…

World Bank Approves $750m for Renewable Energy Project in Nigeria

The World Bank announced on Friday that it has approved the Nigeria Distributed Access through Renewable…

South Africa Signs Deal with World Bank, AfDB, KfW for Energy Transition

South Africa has signed major loan agreements with the World Bank, Germany’s Kreditanstalt für Wiederaufbau (KfW),…

World Bank Funds KenGen’s Battery Storage Project

The World Bank has selected Kenya Electricity Generating Company (KenGen) to execute a battery storage pilot…

Kenya Could Lose 7.25% of GDP to Climate Change –World Bank

Kenya could lose up to 7.25 per cent of its economic output by 2050 if it…

World Bank, REA Set up Four Solar Mini-grids in Osun

Over 1,200 households in Osun State have been connected to an electricity supply through four solar…