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The African Development Bank has welcomed $150 million investment in its Desert to Power G5 Financing Facility from the Green Climate Fund (GCF). The GCF approved the amount at its 30th Board meeting this week. Desert-to-Power is a flagship…
TAQA Arabia, the leading private sector energy distribution group and a subsidiary of Qalaa Holdings, plans to implement solar power plants and gas projects in Sudan. A delegation, headed by Qalaa Holding Chairperson Ahmed Heikal, held a meeting…
South African chemical giant Sasol has announced a feasibility study for the production of green hydrogen in the Namakwa Special Economic Zone (SEZ). Sasol is working on this project in partnership with the Northern Cape Development Agency (NCEDA…
In Burundi, the European Union (EU) is launching its EDFI ElectriFI and GET.invest programs with the aim of encouraging private investment in renewable energy. The aim of this funding is to support the electrification of Burundi, one of the least…
The Islamic Development Bank (IsDB) has approved a €17.38 million loan for rural electrification in Togo. This project relies mainly on solar mini-grids provided by private companies. The Islamic Development Bank (IsDB) financing was approved at…
Energy experts came together to discuss offshore wind potential being a possible answer to decarbonisation in South Africa at this year’s Windaba conference. South Africa was one of many nations that signed an intended nationally determined…
Investment fund manager Eiffel Investment Group is providing a €3 million bridge loan to ManoCap Energy. The financing will provide solar power to commercial and industrial (C&I) customers in Ghana and Sierra Leone. ManoCap Energy is raising €3…
Speaking at the recent Sustainable Infrastructure Development Symposium South Africa (SIDSSA), the president of South Africa, Cyril Ramaphosa, said that one of the key drivers of infrastructure is green energy. Ramaphosa also stated that green…
The growth of power consumption from the national grid by large commercial users has slowed down since April, indicating a rising shift to cheaper own sources by firms seeking to cut production costs. A report by the Central Bank of Kenya (CBK)…