Jean Marie Takouleu / AFRIK21

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14 01 2024 | 05:56

AFRICA: IFC finances $80m to bring clean energy to businesses

As part of a recently concluded partnership, the International Finance Corporation (IFC) will provide $80 million to the Facility for Energy Inclusion (FEI). The aim is to finance the production of…

14 01 2024 | 05:49

SOUTH AFRICA: EDF and Mulilo to invest $375m in electricity storage

In South Africa, the consortium formed by Électricité de France (EDF) and Mulilo Energy Holdings has been named preferred bidder for three electricity storage projects. Work will start in mid-2024.

14 01 2024 | 05:29

Renewable energy in Africa: three key sectors to watch in 2024

The energy transition is underway in Africa. Despite continued investment in fossil fuels, mainly south of the Sahara, African decision-makers are stepping up their efforts to promote the development…

09 01 2024 | 14:26

AFRICA: Masdar wants to invest $10 billion in renewable energies by 2030?

On the sidelines of COP28 in Dubai, independent power producer (IPP) Abu Dhabi Future Energy Company (Masdar) signed agreements with at least six African countries to develop 10 GW of installed…

22 12 2023 | 01:06

NAMIBIA: Chinese Shandong and Zhejiang will store solar energy in Omburu

Namibia Power Corporation (NamPower) has entrusted Chinese companies Shandong Electrical, Engineering & Equipment Group and Zhejiang Narada Power Source with the construction of a battery…

13 12 2023 | 00:58

Commitments of $1.7 billion in favour of biodiversity by 2025 at COP28

Brazilian head of state Lula da Silva and the COP28 presidency have announced a commitment of $1.7 billion from the international community. The pledge, made at the World Summit on Climate Action on…

06 12 2023 | 23:25

COP28: commitments of $1.7 billion in favour of biodiversity by 2025

Brazilian head of state Lula da Silva and the COP28 presidency have announced a commitment of $1.7 billion from the international community. The pledge, made at the World Summit on Climate Action on…