MADAGASCAR - The African Development Bank (AfDB) has approved a US$42.9 million loan to finance the second phase of a major power transmission and interconnection…
SOUTH AFRICA - Inspired Evolution, an Africa-focused investment advisory firm that specialises in clean and renewable energy, has led a US$35 million equity investment by…
SOMALIA - Africa Enterprise Challenge Fund (AECF) has unveiled a US$ 8.5 million grant facility to support clean energy businesses - adoption and diversification of…
KENYA - Kenya has dropped Independent Power Producers (IPPs) as private project partners in geothermal power production due to their perceived “sluggishness” in supporting government…
AFRICA - Energy Access Ventures (EAV) has announced a follow-on investment in Solarise Africa, a pan-African clean energy and energy efficiency leasing company. The round…
UNITED KINGDOM - Uber, the world’s largest ride hailing app, has entered into an agreement with Nissan to introduce a fleet of 2,000 Leaf hatchbacks…
EGYPT- Ras Gharab Wind Energy, one of the leading private power firms in Egypt has announced that the construction and commissioning of the 262.5 MW…
NIGERIA – NIGERIA has secured a US$500,000 grant from the African Development Bank (AfDB) to support the development of clean energy in Nigeria. The grant…