Egypt's Elsewedy Electric is getting a $150 million loan to develop renewable energy in Africa. This loan is granted by First Abu Dhabi Bank, Europe Arab Bank and the International Finance…
The government of Benin has signed a concession agreement with a consortium formed by French independent power producer (IPP) GreenYellow and Egnon Consulting, a Cotonou-based company. The public-…
While petrol-powered motorbike taxis have become the main means of public transport in West Africa, mobility start-up Gozem will deploy a fleet of 6,000 electric motorbikes by 2023. The operation…
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…
Africa has a gaping hole in its energy supply. Six hundred million people, around half of the continent’s population, lack access to electricity. Without much faster progress, the continent will miss…
The International Finance Corporation (IFC) will finance a 1,500MW hydropower project and associated transmission facilities in Mozambique.
The IFC will partner with the Mozambican Ministry of…
IFC support for the commodity trader Robust International could help optimise agriculture value chains
The International Financial Corporation (IFC), the private sector arm of the World Bank has…