The Ivorian government is launching the construction of a training centre for renewable energy professions in the commune of Yopougon. The project, which will cost 6.5 billion CFA francs (nearly 10…
The Tanzanian government signed a financing agreement with the French Development Agency (AFD). The development finance institution has agreed to grant a 75 million euro loan for the implementation…
A new partnership is being formed to accelerate access to renewable energy in developing countries, particularly in Africa. The alliance aims to support innovation in financing, the real barrier to…
The Korea International Cooperation Agency (KOICA) is providing a $5.07 million grant to support the resilience of smallholder farmers in northern Uganda. The funds will be managed by the…
Investment firm Harith General Partners is joining forces with power producer Anergi to launch a new financing mechanism for renewable energy in Africa. The Pan African Renewable Energy Fund (PAREF)…
Electricity access provider Husk Power is launching a new electrification initiative in Nigeria. Called 'Sunshot', the programme is expected to reach 2 million people over the next four years.
Husk…
Several African banks and investment firms are joining forces to finance climate-resilient infrastructure in Africa. The alliance consists of the African Development Bank (AfDB), Africa50 and the new…
The investor SunFunder has announced that it has been acquired by Mirova, an impact investment fund manager and subsidiary of Natixis Investment Managers. Mirova wants to accelerate investments in…
On the sidelines of the Africa Energy Forum (AEF) currently taking place in Brussels, Engie Energy Access signed a €10 million loan agreement with the European Investment Bank (EIB). This loan will…
The Egyptian government is entrusting the construction of the Gabal el Zeit wind farm complex to a consortium formed by the Saudi company Acwa Power and the Egyptian Hassan Allam Holding. The wind…
The CrossBoundary Energy Access (CBEA) financing mechanism has announced the mobilisation of $25 million for the deployment of solar-powered mini-grids in sub-Saharan Africa. The funds are being…
Independent Power Producer (IPP) Cennergi has received approval from South Africa's National Energy Regulator (NERSA) for its Lephalale solar photovoltaic power plant, which was announced in 2021 to…
British International Investment (BII) is underwriting $75 million in green bonds. The proceeds of the various transactions are intended to finance small-scale green projects and businesses in Africa…
The Ivorian government is signing agreements with the European Union (EU) and the French Development Agency (AFD) to provide €6.89 million in funding. The funds will be used to finance a project…
The West African Development Bank (BOAD) has approved financing of more than €38 million for the construction of a solar photovoltaic power plant in the town of Awandjélo in northern Togo. The plant…
The African Development Bank (AfDB) has signed a $69.88 million financing agreement with the government of Ghana. The funds are earmarked for the implementation of a rural electrification project via…
As part of the Power Africa initiative, the US Agency for International Development (USAID) is providing a $2.3 million grant to six providers of off-grid solar energy systems. The devices will be…
The Senegalese government recently inaugurated the Diass solar power plant located 40 km south-east of the capital Dakar. The installation, which has a capacity of 23 MWp, was financed by the German…
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