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African Fintech Startup Yellow Raises $20 Million in Debt Financing
Yellow builds cutting edge software to enable its sales force to serve customers in Africa enabling access to off-grid solar.
- Region
- Sub-Saharan Africa
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Press Release: Report: Global Energy Crisis Shows Urgency of Accelerating Investment in Cheaper and Cleaner Energy in Africa
IEA’s Africa Energy Outlook 2022 sets out path to bring modern energy access to all Africans this decade while creating new growth industries in critical minerals and green hydrogen.
- Categories
- Energy
- Region
- Sub-Saharan Africa
- Tags
- renewable energy
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CrossBoundary Energy Access raises $25 Million to Finance Solar-Powered Minigrids in Africa
CrossBoundary Energy Access (CBEA) has raised $25 million from ARCH Emerging Markets Partners, Bank of America, and Microsoft Climate Innovation Fund to finance the development of solar minigrids in Africa.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Press Release: New Partnership Aims to Enhance Energy Capacities in Humanitarian and Disaster Contexts
The partnership is aimed at enhancing capacity and increasing sustainable energy access through an ecosystem approach in humanitarian settings
- Categories
- Energy
- Region
- Global
- Tags
- energy access, partnerships, SDGs, solar
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Analysis: Why the Global Energy Transition Must Be Just and Equitable
Sustainable Development Goal Seven (SDG 7) aims to "Ensure access to affordable, reliable, sustainable and modern energy for all” by the year 2030.
- Categories
- Energy
- Region
- Global
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A Roadmap for Scaling Up Renewable Energy in Island Nations: Three Success Factors for the Eastern Caribbean’s Transition from Fossil Fuels
The Eastern Caribbean has struggled in recent years, as natural disasters – combined with the COVID-19 pandemic – have caused a precipitous drop in the tourism revenues it depends on. But as Pepukaye Bardouille at the IFC explains, transitioning to renewable energy could help address this challenge, reducing the region’s cost of electricity, supporting its climate resilience, limiting its dependence on imported fossil fuels, and producing jobs outside the tourism sector. She presents three success factors for achieving this transition – insights that could also be applicable to other island nations.
- Categories
- Energy, Environment, Investing
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Press Release: “Sunshot Initiative” Launched by Husk Power to Impact 2 Million Nigerians by Scaling Solar Microgrids for Rural Economic Growth
The “Nigeria Sunshot Initiative” will benefit at least 2 million Nigerians with reliable, renewable energy by 2026.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Togo Secures $40 Million Loan for Construction of 42 Megawatt Peak Solar Plant
A loan has been approved for the construction of a 42 Megawatt Peak Awandjelo solar power plant in Northern Togo.
- Categories
- Energy
- Region
- Sub-Saharan Africa