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Power Africa: Ghana To Attract $4bn From America
Recently, Ghana signed a Power Compact with the Millennium Challenge Corporation (MCC), making it the current largest American Government-funded transaction of President Obama’s Power Africa initiative.The Ghana Power Compact facilitates the investment of up to $498.2 million for the transformation of Ghana’s power sector while also stimulating private investments. Eventually, the deal is expected to raise more than $4 billion from American and global energy firms.
- Categories
- Energy
- Region
- Sub-Saharan Africa
- Tags
- solar
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Using mobile money to buy water and solar power in east Africa
Mobile phones are facilitating access to utilities in poor rural communities. But do consumers have the faith to go cashless?
- Categories
- Agriculture, Energy
- Region
- Sub-Saharan Africa
- Tags
- solar
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Renewable Energy Companies to Invest $7 Billion in Chile Power
Renewable-energy developers plan to invest $7 billion for wind and solar projects in Chile. The government awarded 70 concessions for solar power projects and six for wind farms, the country’s Energy Minister Maximo Pacheco told reporters today in Santiago. There were more than 30 recipients.
- Categories
- Energy
- Region
- Latin America
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World Bank Group Commits US$ 5 Billion to Boost Electricity Generation in Six African Countries
The World Bank Group today committed $5 billion in new technical and financial support for energy projects in six African countries-- Ethiopia, Ghana, Kenya, Liberia, Nigeria, and Tanzania—which have partnered with President Obama’s Power Africa initiative.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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The Caterpillar Foundation Announces $11 Million in Investments for Africa’s Future Through Water, Energy and Women
Foundation's focus on corporate social innovation helps put people on the path to prosperity
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- Agriculture, Energy, Environment, Health Care
- Region
- Sub-Saharan Africa
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NexThought Monday – Financial Inclusion and the Internet of Things: How Smart Machines Can Benefit the Poor
The Internet of Things refers to the use of technology to automate data transfer between objects via the Internet. It’s billed as a disruptive technology of the next decade, with applications that range from home automation to wearable fitness devices. But it also has great potential to benefit the poor, by enabling payment mechanisms that let the underbanked access basic products and services.
- Categories
- Energy, Technology, Telecommunications
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Manila Is Building Out A 100,000-Strong Network Of Electric Trikes
Giving the city's three-wheeled taxi network an electric upgrade.
- Categories
- Energy, Environment, Impact Assessment
- Region
- South Asia
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Decisions, Decisions: How do enterprises choose their markets for clean energy products and services in India?
The off-grid electricity market in India is huge, with over 300 million people living without access to electricity. With such a large market, how do enterprises decide which geographical area to target? Should they focus on a small niche market, or diversify from day one? Sanjoy Sanyal and Pamli Deka of New Ventures India discuss the options and provide advice.
- Categories
- Energy, Environment