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The African Development Bank Group (AfDB) has launched a dedicated trust fund for the circular economy in Africa, the Africa Circular Economy Facility. Positioned as a trust fund, it will channel finance and de-risk innovative circular economy…
The Norwegian government is making a new fund available to developing countries to finance adaptation, resilience and mitigation of climate change through renewable energy. The funding mechanism will be managed by the Norwegian Investment Fund for…
With its hydroelectric plants hobbled by drought, the country is courting investors to grow a more stable solar energy supply. Drought curbs Cameroon's hydropower-heavy electricity supply Cameroonians suffer near daily blackouts and power…
The government of Ghana has signed a grant agreement with the African Development Fund, and a financing agreement with the government of Switzerland, for the Ghana Mini Grid and Solar Photovoltaic Net Metering project. The project will benefit…
Kibo Energy and Enerox signed an agreement to install electricity storage systems. Renewable energy producer Kibo Energy has signed a partnership agreement with Enerox, the developer of the CellCube brand to develop and install electricity storage…
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 used to electrify health care facilities in five sub…
The African Development Bank has signed an agreement with Gabinete de Implementação do Projecto Hidroeléctrico de Mphanda Nkuwa, an implementing entity, to provide advisory services for the development of the $4.5 billion 1,500 MW Mphanda Nkuwa…
The Government of Rwanda has embarked on the Nyabarongo II hydropower plant public project which will be established on River Nyabarongo in a bid to boost the country's efforts to ensure universal access to electricity by 2024. Located 27…
EEP signs 100MW sales agreement with South Sudan The first step of the power purchase plan is a feasibility study The study is to be completed within a year, and construction within two years Ethiopian Electric Power (EEP), the country’s state-…