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The Minister of Power, Mr Sale Mamman, says the Federal Government spends over N50 billion monthly on electricity. Mr Aaron Artimas, the Special Adviser, Media and Communications to the minister, disclosed this on Tuesday in a statement in Abuja.…
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…
The African Development Bank’s Sustainable Energy Fund for Africa (SEFA) is providing a $965,000 grant to Morocco’s Société d’Ingénierie Energétique (SIE), to support its transition into the first Super Energy Service Company (ESCO) initiative in…
Nigeria has elected to join the global community in achieving complete elimination of gas flaring in 2025. The Minister of State for Petroleum Resources, Chief Timipre Silva made the commitment at a public hearing on "Need to End Gas Flaring in…
The Africa Women Innovation and Entrepreneurship Forum has launched an Accelerator Programme targeting women-led or owned green energy businesses. The Enterprise Development for Women-Owned Ventures initiative is organised in partnership with the…
In South Africa, the national energy regulator NERSA confirmed that an agreement has been reached with power utility Eskom to add R10bn to the utility’s revenue. The agreement, which was announced in a statement on 16 February, comes as the High…
Winch Energy now has a mechanism dedicated to the financing of its green mini grid projects in Africa. Named Winch Energy IPP Holdings (WIPP), this financing vehicle has been set up by Winch Energy in partnership with NEoT Off-grid Africa, a…
Solar home systems supplier Ignite Power has signed a partnership with the Brilho programme. It is initiated by UK Aid of the British government and led by the Netherlands Development Organisation (SNV) for the electrification of Mozambique. The…