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AfDB–AFD meeting
The African Development Bank Group and Agence Française de Développement (AFD) have held discussions on scaling up joint investment and aligning more closely on Africa’s development priorities. Senior leaders of the two institutions met in Abidjan…
LNG
The Board of Directors of the African Development Bank  approved on 14 January a $150 million senior loan to support the development of the Coral North Floating Liquefied Natural Gas Project, a transformative energy infrastructure initiative located…
Renewable Energy
Ethiopia reinforced its role as a global leader in the energy transition during the 16th Assembly of the International Renewable Energy Agency (IRENA) in the United Arab Emirates. Ambassador Jemal Beker stated that the country, as a founding member…
Solar PV
The Swartland Municipality in the Western Cape is planning a significant move toward renewable energy with a 10 MW solar PV project. The municipality has announced its intention to enter into a twenty-year Power Purchase Agreement (PPA) with a NERSA…
Renewable Energy
As 2025 closed, Uganda’s energy and extractives sector reached a pivotal moment, driven by accelerated infrastructure delivery, regulatory reform, and a strategic push to convert natural resource potential into economic growth. The Ministry of…
Solar & Storage
Cornex New Energy Co., Ltd., a subsidiary of China’s GCL Group, has announced major investments in Egypt’s renewable energy manufacturing sector. Together with Egypt-based Kemet Industries Group, the companies plan to invest a total of USD 700…
Transmission Line
South Africa is taking a major step toward changing its power sector as the government has prequalified seven international-led consortia to bid for the country’s first-ever independent transmission project. This move marks a historic shift for a…
Renewable Energy
The World Bank approved a $13.30 million concessional financing through the International Development Association (IDA) for Cabo Verde’s renewable Energy and Improved Utility Performance Project (REIUP). The operation is co-financed by a $1.2…
Renewable Energy
Prime Minister Moustafa Madbouli asserted the Egyptian government’s commitment to supporting the Green Hydrogen Production Project, which is being implemented by Norway’s Scatec in partnership with the Sovereign Fund of Egypt, Orascom Construction…