The French group Veolia has reached an agreement with the Norwegian Investment Fund for Developing Countries (NORFUND) to set up an investment platform in Africa. This partnership will support the…
Following in the footsteps of French oil and gas giant TotalEnergies, British Petrolium (BP) has now expressed an interest in developing Egypt's burgeoning green hydrogen industry. BP has just signed…
For his first media appearance since his appointment in August 2023, Magatte Niang chose Afrik21 to mark Africa Seas and Oceans Day. In this interview, the Director General of Eau du Sénégal (SEN'EAU…
Kenya is continuing to diversify its electricity mix and plans to build a new solar photovoltaic power plant around the Seven Forks hydroelectric scheme. This will be done with the financial support…
While the supply of drinking water is being strengthened in Dakar and other towns in Senegal, SEN'EAU wants to go further by focusing on sustainability. The company, which provides the public…
While drought has been starving tens of millions of people in the Horn of Africa for several years, the Green Climate Fund (GCF) has finally decided to take action by disbursing $151 million. This…
Start-up Ibisa has just raised $3 million for innovation and expansion in Africa and Asia. The start-up is developing technological solutions for insuring against climate change, mainly in the…
The Energy Inclusion Facility (EIF) and the Finnish Industrial Cooperation Fund (Finnfund) are awarding $20 million in financing to asset manager Communication & Renewable Energy Infrastructure (…
The results of a recent survey show that Southern Sudan is home to the world's largest mammal migration. This is a major achievement for the conservation of biodiversity, at a time when flora and…
The government of Ivory Coast has signed a concession agreement with a new investor. Kong Solaire will build a 50 MWp solar power plant in the north of the country.
Ivory Coast will be building a…
The Multilateral Investment Guarantee Agency (MIGA) is issuing a $50.3 million guarantee to Congo Energy Solutions (Nuru). In the east of the Democratic Republic of Congo (DRC), the company is…
As load shedding continues to plague economic activities across Cameroon, Norwegian company Release by Scatec has reached an agreement with the authorities and utility Eneo to extend its solar power…
Swiss company Candi Solar has raised $38 million. The aim is to supply solar energy to commercial and industrial (C&I) customers in Africa and India.
The $38 million financing was raised as…
At the close of its recently concluded Annual Meetings in Kenya, the Board of Governors of the African Development Bank (AfDB) approved a general increase in callable capital of $117 billion. The aim…
At its 2024 Annual Meetings, which have just ended in Nairobi, Kenya, the African Development Bank (AfDB) announced that it was joining the African Carbon Markets Initiative (ACMI). The aim is to…
South African mining company Sibanye-Stillwater has signed an agreement to purchase 140 MW of privately-owned wind power to power and decarbonise its extractive operations in the Rainbow Nation.…
Saudi company Acwa Power has signed an agreement with the Tunisian authorities for the development and production of green hydrogen in the country. This energy will be destined for the European…
According to figures from the Organisation for Economic Co-operation and Development (OECD), developing countries received $115.9 billion in climate finance in 2022, meeting the target set in…
As Tunisia struggles to make its own energy transition, three multinational companies are proposing a project to produce and export green hydrogen from the south of the country to Europe via a…
On the sidelines of the Africa CEO Forum, which has just closed in Kigali, Rwanda, Paul Muthaura answered questions from Afrik21. The Managing Director of the African Carbon Market Initiative (ACMI)…
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