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07 08 2022 | 08:26

LIBYA: AG signs power purchase agreement for Ghadames solar park

The General Electricity Company of Libya (GECOL) has announced the signing of a power purchase agreement (PPA) for the Ghadames solar plant. The plant will be built by Irish independent power…

28 07 2022 | 20:19

How energy insecurity has scuttled climate change efforts ahead of COP27 meeting

Since the Glasgow COP26 climate meeting in 2021, varying factors have created adverse energy and economic scenarios that have made nations to shift focus from climate change programmes. They include…

19 07 2022 | 12:23

TANZANIA: Faced with Water Shortages, AfDB Rescues Dodoma with $125 Million

The African Development Bank (AfDB) has signed an agreement with the Tanzanian government for a $125.2 million loan. The funding is intended to reduce water shortages in the Dodoma region of Tanzania…

26 06 2022 | 08:04

AFRICA: Mirova acquires SunFunder and accelerates its focus on renewable energy

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…

14 06 2022 | 09:00

Vanguard refuses to end new fossil fuel investments

The world’s second-largest asset manager Vanguard has refused to stop new investments in fossil fuel projects and end its support for coal, oil and gas production. Chief executive Tim Buckley said…

07 06 2022 | 21:41

EGYPT: Two new plants convert waste into electricity in Abu Khreita

The Egyptian Arab British Company for Dynamic Industries (ABD) has completed the construction of two solid waste-to-energy plants in the city of Abu Khreita, Egypt. The announcement was made by the…

02 06 2022 | 10:09

Analysis: Banks hold $681 billion of potentially stranded fossil assets

Individuals in rich countries face huge financial losses if climate action slashes the value of fossil fuel assets, a study shows, despite many oil and gas fields being in other countries.

01 06 2022 | 17:14

US seeks African partnerships on climate change, health

The US is seeking to create more “mutually beneficial” partnerships with African countries in addressing climate change, health and economic growth, US Under Secretary of State for Economic Growth,…