Under Construction
LIST OF DEVELOPERS
The Off-Grid Energy Access Fund of the Energy Inclusion Facility (EIF OGEF) closes the €2 million financing in favour of the French start-up Qotto. This provider of solar home systems will use this funding to electrify rural households in Benin and…
The DR Congolese government announces the resumption of talks with India on the construction of the dam and the 64 MW Katende hydroelectric power station, which are supposed to be in operation since 2015.
In the Democratic Republic of Congo (DRC),…
The largest hydropower project in Africa, the Grand Ethiopian Renaissance Dam (GERD) is set to be operational by 2023 as per the reschedule. According to Ethiopia’s Minister of Water, Irrigation and Energy Eng. Seleshi Bekele, following the…
The Federal Government, on Friday, said it had signed a 25 megawatt Independent Power Project (IPP) agreement, to enhance electricity supply to industries in the Kano Free Trade Zone (KFTZ).
Richard Adeniyi-Adebayo, the Minister of Trade, Industry…
gnuGrid Africa, a Ugandan provider of remote off-grid monitoring solutions, has just raised US$250,000 from US investors. The funds will be used to distribute its digital solution "Solar Sentra" in Uganda and several other countries in Africa.…
State-owned Equinor ASA of Norway is writing off its $982 million liquefied natural gas project in Tanzania (TLNG), as overall economics have not improved sufficiently to justify keeping it on the balance sheet. This will be reflected in adjusted…
A few days after the conclusion of an agreement on the financing of the new Winch Energy IPP Holdings (WIPP) Platform, between NEoT Off-grid Africa (NOA) and Winch Energy, Afrik 21 met with Frédéric Pfister, the Managing Director of NOA. This is a…
The U.S. Development Finance Corporation (DFC) and the Shell Foundation have just signed a partnership to strengthen their investments in renewable energy in Africa and Asia. The two partners will invest $145 million by 2025.
A new alliance is…
The European Bank for Reconstruction and Development (EBRD) is providing $361 million (€300 million) in financing to support the stability of Tunisia’s electricity provider Société Tunisienne de l’Electricité et du Gaz (STEG).
The financing package…