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The International Finance Corporation (IFC) has partnered with KCB Bank Kenya, in a partnership that will see a boost to climate finance in Kenya.   The partnership will help catalyse the growth of climate finance in Kenya by increasing support for…
Negotiations are accelerating between the Egyptian and European authorities with a view to exporting clean energy from Egypt to Europe. The discussions should notably lead to a project to supply Europe with electricity via a submarine cable linking…
South African chemical giant Sasol has signed a partnership with Japanese company Itochu. The two groups will work together to produce and export South Africa's green hydrogen and ammonia to the international market. The partnership between Sasol…
The government of Malawi is set to deploy a hydropower project. The project will have an installed capacity of 350MW. The Malawi government, in collaboration with the International Finance Corporation (IFC), Scatec and EDF, have signed a binding…
The Italian development finance institution Cassa Depositi e Prestiti (CDP) has granted a €100 million loan to the Africa Finance Corporation (AFC). The pan-African financial institution will use the funds to finance the green transition through…
The Egyptian company KarmSolar, which specialises in the production and distribution of solar energy, wants to raise $80 million. This investment will enable the company to boost its activities in Egypt, where it is also investing in solar energy…
In Uganda, the solar energy provider Aptech Africa is commissioning an 8.5 kWp solar photovoltaic system to recharge the batteries of electric motorbikes belonging to the Kampala-based green mobility start-up Zembo. This hybrid installation will…
Cleanergy Solutions Namibia has been awarded the JCOI/PTX grant to set up a Hydrogen pilot plant and refuelling station on the coast of Namibia. “Walvis Bay will become the first hydrogen port in Africa. To kickstart the hydrogen economy it’s key…
The Africa Finance Corporation (AFC) has entered into a partnership with the Japanese bank Mizuho. The two financial institutions will work together to finance sustainable infrastructure in several key sectors in Africa. This is one of the outcomes…