Under Construction
LIST OF DEVELOPERS
After recently issuing a framework document for bond issues to achieve the United Nations Sustainable Development Goals (SDGs), Benin has obtained a partial credit guarantee from the African Development Bank (AfDB) that will enable the financing of…
The African Development Bank (AfDB) through its concessional financing window, the African Development Fund, will release $10.53 million to secure clean and affordable electricity access for approximately 500,000 citizens of rural Côte d’Ivoire.…
Norwegian investment company Empower New Energy is raising $74 million to finance the solarisation of businesses in Africa. The funds have been raised from several impact investors.
Empower New Energy is securing funding to expand its activities in…
Beyond the Grid Fund for Africa (BGFA) signed an agreement with the solar home systems provider Easy Solar in Liberia.
The partnership covers the electrification of 9,000 households via solar home systems.
The Beyond the Grid Fund for Africa (BGFA…
Abidjan, Ivory Coast, 26 September 2022
The Africa Green Hydrogen Alliance (AGHA) is holding its inaugural forum bringing together representatives from African governments, the private sector, civil society and development partners. The forum is a…
Investment company InfraCo Africa has signed a partnership with renewable energy provider Equatorial Power. The two companies will invest $1.7 million to develop a portfolio of solar mini-grids in Rwanda and the Democratic Republic of Congo (DRC).…
In a new report by the World Bank, researchers recommend investing $127 billion in green mini-grids to provide access to electricity for half a billion people in developing countries, particularly in sub-Saharan Africa.
The potential of green mini-…
Malawi President Dr. Lazarus Chakwera and the US International Development Finance Corporation have signed a $25 million (approximately K32 billion) pact.
Chakwera and the firm's Chief Executive Officer, Scott Nathan, signed the commitment letter…
Independent Power Producer (IPP) EDF Renewables, a subsidiary of the Electricité de France (EDF) group, has signed power purchase agreements (PPAs) for three wind farms in South Africa. These installations will inject 420 MW into the grid of the…