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LIST OF DEVELOPERS
As African countries accelerate efforts to achieve universal energy access, 12 Compact Cohort 1 nations are now establishing Compact Delivery and Monitoring Units (CDMUs) - government-led platforms designed to coordinate, track, and report on…
Sun King, the world’s leading off-grid solar company, has signed a Memorandum of Understanding (MOU) with the Rural Electrification Agency (REA) under the Government of Nigeria to strengthen cooperation on renewable energy access, local…
The African Development Fund, through its Climate Action Window, has approved an $8.6 million grant in additional financing to support the implementation of the first phase of the Water Sector and Climate Resilience Building Support Programme (…
The African Development Bank Group and the Kingdom of Saudi Arabia have agreed to strengthen their partnership to accelerate investment across Africa’s key growth sectors, following high-level talks in Washington.
On Monday, Bank Group President…
The African Development Bank Group (AfDB), The International Finance Corporation (IFC), and partner organizations today announce the appointment of Inspired Evolution as the investment manager for Zafiri, a new decentralised renewable energy (DRE)…
South Africa will invest 2.2 trillion rand ($127.1 billion), about 30% of its gross domestic product, in a sweeping energy transition plan aimed at ending chronic power shortages and boosting economic growth, Electricity and Energy Minister…
The Board of Directors of the African Development Bank has approved $16.38 million in additional financing for the Borana Resilient Water Development for Improved Livelihoods Programme II, reinforcing Ethiopia’s drive to build climate-resilient…
The International Energy Agency (IEA) warned on Tuesday that coal production in Mozambique could be further reduced due to rainfall and the impact of climate change, calling on the country to improve its warning system.
“Coal production in…
Spiro, a leading African electric two-wheel mobility company, announced it had secured a record $100 million new funding, the most significant investment in the continent’s electric motorcycle sector.
The funding round includes $75 million from The…