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Press Release: OPEC Fund Provides $150 Million to Promote Climate Action in Colombia
The program aims to foster economic opportunities based on the sustainable use of natural resources, develop circular economy models and promote the energy transition.
- Region
- Latin America
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African Data Center Firm Teraco to Build Out Giant Power Plant
Teraco raised $104 million with Absa Bank for renewables.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Making ICT4D Green: Three Focus Areas for Improving the Environmental Impact of the Information and Communication Technology for Development Sector
The global digital transformation is generating many positive impacts, and digital technologies have become essential tools for climate and environmental action. But according to Nora Lindström at Catholic Relief Services, the growing use of digital technology is also causing some significant environmental challenges — and the “Information and Communication Technology for Development (ICT4D)” sector must address them. She discusses several ways to increase the tech industry's sustainability, focusing on three key elements of ICT: generative AI, broadband access and electronic equipment.
- Categories
- Energy, Environment, Technology, Telecommunications, WASH
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COMESA, World Bank Announce $50 Million Energy Access Initiative
The program will engage specialized local and international firms and private investors to provide technical services.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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AFC and d.light Achieve Off-Grid Solar Industry Milestone with Full Repayment of Senior Debt for $110 Million Securitization Facility
AFC’s groundbreaking USD$110 million securitization vehicle, BLK1, the first securitization instrument for Pay-As-You-Go solar home systems, has achieved a full exit for its senior lenders months ahead of schedule.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Press Release: The United States Announces New Projects to Support Climate Adaptation and Resilience in the Caribbean
These investments are part of the President’s Emergency Plan for Adaptation and Resilience (PREPARE).
- Categories
- Environment, Investing
- Region
- Latin America
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South Africa’s Hohm Energy Raises $8 Million to Drive Solar Revolution
Hohm Energy will accelerate the adoption of rooftop solar in South Africa by investing in its new cutting-edge climate fintech strategy.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Press Release: D.light and Chapel Hill Denham Close $7.4 Million in Securitized Financing to Fund Off-Grid Solar Expansion in Nigeria
A new financing facility provided by the Nigeria Infrastructure Debt Fund (NIDF) will open up access to affordable clean energy in Nigeria.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa