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Renewable Energy
The ECOWAS Bank for Investment and Development (EBID) has signed three loan agreements worth US$268 million with the Taraba State Government. The loan is to finance renewable energy, agriculture and industrial infrastructure projects aimed at…
Solar PV
MTN Nigeria has entered into a new partnership with First WATT Renewable Limited to deploy a large-scale clean energy solution across its network infrastructure in Nigeria. The agreement will see the installation of 34 MW of solar power generation…
Renewable Energy
The Mulembwe hydroelectric power plant in Burundi, officially inaugurated by Prime Minister of Burundi Nestot Ntahontuye, on 16 June, marks a new milestone in national efforts to strengthen electricity production in Burundi. The inauguration of the…
Renewable Energy
The National Agency for Science and Engineering Infrastructure (NASENI) and the Rural Electrification Agency (REA) have signed a Memorandum of Understanding (MoU) to accelerate local manufacturing and deployment of renewable energy technologies…
Solar PV
The Tunisian government has approved five utility-scale solar power projects with a combined installed capacity of 500 MW, supported by an estimated investment of 1.2 billion Tunisian dinars (approximately US$400 million). The approvals represent…
Solar PV
The Government of Liberia has secured US$125 million in financing from the World Bank to accelerate national development, with US$57 million dedicated to the Regional Emergency Solar Power Intervention Project (RESPITE). The Government will use the…
Renewable Energy
The World Bank Board of Directors today approved $265 million to support the Ifahsa Pumped Hydropower Storage Project in Morocco, a major clean energy infrastructure investment in northern Morocco and one of the most significant of its kind on the…
Transmission Line
WeLight, a rural electrification company focused on mini-grid development in Sub-Saharan Africa, has announced that the International Finance Corporation (IFC), part of the World Bank Group, has joined its shareholding alongside existing investors…
Renewable Energy
Eastern Africa stands to gain more affordable, reliable, and cleaner electricity as countries strengthen cross-border power trade and regional energy cooperation. To help deliver this transformation, the World Bank Group Board has approved a $1.6…