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The Abu Dhabi Fund for Development (ADFD) has decided to allocate 15 million dollars for the construction of the future Blitta photovoltaic solar power plant in Togo. The project is being developed by the Emirati company Amea Power. The General…
The Abu Dhabi Fund for Development (ADFD) is financing two solar and hydropower electrification projects in two West African countries. The UAE fund is devoting 18 million dollars to the projects. The Abu Dhabi Fund for Development (ADFD) once…
The Egyptian government plans to install new solar power plants across the country with a cumulative capacity of 500 MW. They will be built by the China Gezhouba Group. With this, Egypt is moving closer to its overall goal of increasing the…
ZIMBABWE’S ongoing power shortages contributed to at least 20% output losses to the country’s mining sector, the 2019 third quarter treasury bulletin published by the Finance Ministry has reported. The bulletin acknowledged that the majority of…
The Seychelles authorities have chosen the French company Quadran to build a floating solar power plant in the Providence lagoon on the main island of Mahe. It is a public-private partnership (PPP) project. Good news for Quadran Seychelles. The…
Experts have advised Nigeria to adopt clean energy to address power shortages and the absence of electrification in most rural areas in the West African country. This recommendation by a leading finance house comes amid the lack of electric energy…
The government of Cote d'Ivoire has ratified two loan agreements from Exim Bank of China for a total amount of 335.7 billion CFA francs (511.7 million Euro). The funds are intended to finance drinking water and electricity supply projects in several…
The rural electrification project using photovoltaic solar energy in the Tanghin-Dassouri commune, led by the Faso-Japan Solidarity Association, has received funding of some 75,000 euros from the Japanese government. An agreement was recently…
The Facility for Energy Inclusion’s Off-Grid Energy Access Fund (FEI OGEF) has reached a final equity close with $59 million in committed equity capital and $36 million debt facilities, to support innovative, off-grid energy access companies. The…