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South Africa in Talks With Climate Backers Over Delaying Coal Plant Closures
Keeping the lights in a struggling economy while shutting down some old coal-fired plants supplying most of South Africa’s electricity needs has proven a tough task.
- Categories
- Energy, Environment
- Region
- Sub-Saharan Africa
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AFC to Raise Almost $1 Billion for Africa Infrastructure Plans
Africa Finance Corp. is looking to raise almost $1 billion in the first half of 2024 to support industries and resilience against climate change as it readies for the next growth phase across the continent.
- Categories
- Environment, Finance
- Region
- Sub-Saharan Africa
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Landmark Summit Mobilises $2.2 Billion to Make 2024 a Turning Point for Clean Cooking Access in Africa
Close to 60 countries, as well as companies and development institutions, gathered in Paris to channel unprecedented resources towards addressing a challenge affecting huge numbers of women and children.
- Categories
- Energy, Environment
- Region
- Sub-Saharan Africa
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Press Release: $425 Million Invested into the Global Off-Grid Solar Sector in 2023, a 43% Drop Versus 2022
By contrast, investment into the productive use of renewable energy doubled when compared to the previous year. The amount needed for the industry to fulfil its contribution to universal energy access by 2030 would need to be seven times higher.
- Categories
- Energy, Environment, Investing
- Region
- Global
- Tags
- off-grid energy, solar
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Kubik Reportedly Becomes First Ethiopian Company To Earn A Multi-Million-Dollar Investment In Climate And Sustainability Solutions
Ethiopian sustainable tech startup Kubik has scored a first for the country: According to a press release sent to AFROTECH, it has raised $5.2 million in a seed round.
- Categories
- Environment, Investing
- Region
- Sub-Saharan Africa
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Under-Leveraged Best Practices for Scaling Productive Use of Energy Appliances: Part 1 — Sales Support and Market Access
Productive Use of Energy (PUE) appliances can increase revenue for low-income populations, mitigate climate change and improve global energy access. But according to Thomas Charoy and Lucie Klarsfeld McGrath at Hystra, uptake of PUE appliances remains slow, due in part to the training, market linkages and after-sales support needed for customers to get the full benefit from these complex products. They explore some common challenges and best practices in selling PUE solutions, focusing on the appliances with the most mature and promising markets: solar water pumps and solar refrigerators.
- Categories
- Agriculture, Energy, Environment, Technology
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Climate Change Is Bringing Malaria to New Areas. In Africa, It Never Left
When a small number of cases of locally transmitted malaria were found in the United States last year, it was a reminder that climate change is reviving or migrating the threat of some diseases.
- Categories
- Environment
- Region
- Global
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Press Release: USAID Announces Additional $35.7 Million in New Funding to Fight Plastic Pollution
USAID Announces additional $35.7 million in new funding for Save Our Seas.
- Categories
- Environment, Investing
- Region
- Global
- Tags
- climate change, decarbonization, waste, water
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