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Clean energy financing
Swift action to improve access to capital and ease financing costs is essential to unlock a wave of clean energy spending in Africa, according to a new report from the International Energy Agency (IEA) and the African Development Bank Group (AfDB).…
solar
The International Solar Alliance (ISA) intends to establish replicable solar project models for its member countries, Minister for Power and New & Renewable Energy and President of ISA RK Singh said. As a result of these projects, primary…
Climate
The dumping of billions of tonnes of carbon dioxide and other greenhouse gases into the atmosphere yearly is already having a devastating impact around the world. This includes widespread flooding and droughts, raging wildfires, heatwaves and record…
interconnection
NAIROBI, 4th September, 2023 (WAM) -- The International Renewable Energy Agency (IRENA) and the African Union Development Agency (AUDA-NEPAD) have signed an agreement aimed at supporting African countries in their efforts to achieve the African…
Solar farm
UAE-based independent power producer (IPP) Amea Power has signed a power purchase agreement (PPA) with Électricité de Djibouti (EDD) for a 25 MW solar power plant. The plant will be located in the Grand Bara region. The Grand Bara solar project has…
electrification
The Dean of the College of Business and Public Administration at the University of Liberia, Dr. Lester Teeny has outlined some of President George M. Weah's achievements saying that the Weah administration has hugely invested in the development of…
Green finance
African Development Bank and USAID extend and expand their partnership through the Regional Development Objectives Agreement (RDOAG) to tackle energy poverty and climate change in sub-Saharan Africa.  The agreement aims to eliminate energy poverty…
mini-grid
The Universal Energy Facility (UEF) will award a $10.4 million grant to six companies operating in Africa. The funding will support electrification via solar mini-grids in the Democratic Republic of Congo (DRC), Madagascar and Sierra Leone. Over…
Energy Transition
The African Development Bank Group’s Board of Directors has approved a $7.88 million grant from the Sustainable Energy Fund for Africa (SEFA) for the Africa Energy Transition Catalyst Programme, which aims to increase renewable energy generation…