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Two African Development Bank-supported projects have won awards at the IJ global awards held in London, United Kingdom. The Singrobo hydropower plant in Ivory Coast, in which the Bank played the Mandated Lead Arranger role won the Power Deal of the…
RE
As the African continent accelerates infrastructure rollout to meet universal energy access targets, the private sector is playing a growing role in developing and financing large-scale power projects. According to U.S. think tank Carnegie Endowment…
Green Hydrogen
The head of the Moroccan government, Aziz Akhannouch, has signed a circular on "Morocco's Offer" to attract investment in the nascent hydrogen industry. Morocco wants to position itself as one of the leaders in the sector in Africa. While the green…
Energy
Mineral Resources and Energy Minister Gwede Mantashe says the Electricity Regulation Amendment (ERA) Bill will “radically transform the structure of the electricity sector” for the better. The bill was passed through a majority in the National…
Climate Finance
At the latest meeting of its Board of Directors in Kigali, Rwanda, the Green Climate Fund (GCF) approved $1.26 billion in climate financing worldwide. At least four African countries will receive 309.3 million dollars from 2025. Madagascar, Somalia…
electricity trade
Rwanda's Minister of Foreign Affairs and International Cooperation, Vincent Biruta, and his Tanzanian counterpart, January Makamba, committed to boosting the two countries' bilateral ties in various sectors including trade, energy and infrastructure…
solar
In Zambia, the Trade and Development Bank for Eastern and Southern Africa (TDB) has granted a $2 million loan to MPower Ventures. The fintech company supports local businesses in the distribution of solar home systems in rural areas. With 89% of…
RE
Energiequelle, a prominent player in the renewable energy sector, has expanded its global presence with the establishment of a subsidiary in South Africa. The new offices, situated at the Waterfront in Cape Town, signify the company’s commitment to…
solar
On the sidelines of the Egypt Energy Show (Egypes 2024), which recently concluded in Cairo, the Egyptian authorities witnessed the signing of a collaboration agreement between Aluminium Company of Egypt (Egyptalum) and the Norwegian independent…