Mulilo, a South African independent power producer mostly owned by CIP through its Growth Markets Fund I (CI GMF I), and EDF have been chosen… Read More »South African Consortium Wins Bid for Three Battery Energy Storage Projects
The Emerging Africa Infrastructure Fund (EAIF) has committed a senior secured loan facility of US$30 million to AXIAN Energy. EAIF is a company under the… Read More »AXIAN Energy Drives Renewable Energy Vision Across Africa
The World Bank has approved a $750 million credit to support clean energy initiatives in Nigeria. The initiative aims to enhance electricity accessibility in Africa’s… Read More »World Bank Approves $750M for Nigeria’s Largest-Ever Clean Energy Initiative
TotalEnergies, along with its partners, is commencing the construction of a major hybrid renewables project in South Africa. The project includes a 216 MW solar… Read More »TotalEnergies Launches Construction of Solar Plant in South Africa.
Kontinental Energy Services (KES) has teamed up with Gulfstream Services Inc. (GSI), a US company in the oil and gas industry. The aim of the… Read More »Kontinental Energy Services (KES) and Gulfstream Services Inc. (GSI) Partner to Serve African Oil and Gas Markets
African Development Bank (AfDB) Group, Board of Directors have approved a $1 billion guarantee program in collaboration with the UK Foreign Commonwealth and Development Office… Read More »AfDB approves $1 Billion Guarantee from the United Kingdom to support South Africa Energy Transition
Acumen a US-based company that promotes universal energy access on Monday, December 4 launched the Hardest to Reach initiative of $250 million at the SDG7… Read More »Acumen Joins Climate Fund in $250 Million Support for Africa Clean Energy
STANLIB Asset Management Ltd., one of Africa’s largest investment firms, aims to deploy $160 million to help address a funding gap for major renewable energy… Read More »STANLIB Commits $160 Million in New Funding to Africa for Renewable Energy
Africa Finance Corporation, the top infrastructure solutions provider in Africa, has invested $60 million in Etu Energias to support local involvement in the energy sector.… Read More »Africa Finance Corporation Invests $60 Million in Angola
Nigeria and Germany have agreed on a deal for Africa’s largest gas producer to supply more gas to Germany while in return getting an Investment… Read More »Nigeria Signs $500 Million Energy Deal with Germany