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African Development Bank and USAID Agree to $500 Million Deal to Tackle Energy Poverty and Climate Change in Sub-Saharan Africa
African Development Bank and USAID extend and expand their partnership through the Regional Development Objectives Agreement (RDOAG) to tackle energy poverty and climate change in sub-Saharan Africa.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
- Tags
- climate change
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Making a Successful Business Pivot During the Energy Transition: Three Lessons from an Auto Supplier Diversifying into Renewables
As efforts to decarbonize the world’s energy systems accelerate, many industries and companies face both new challenges and tremendous opportunity — and the automotive industry is a highly visible proving ground for this shift. Diana Páez and Dana Gorodetsky at the William Davidson Institute explore how Bosal, a global automotive supplier, is leveraging its expertise with internal combustion engine-related products to expand into the renewable energy market, and share some lessons from its evolution that can be valuable to other companies affected by the energy transition.
- Categories
- Energy, Technology, Transportation
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Press Release: IFC Invests in ENGIE’s Decarbonization Program in Chile
This financing will help the company transition to renewable power generation with the installation of Battery Energy Storage Systems (BESS).
- Categories
- Energy, Technology
- Region
- Latin America
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U.S. Launches $7 Billion Program to Bring Solar to Low-Income Households
The Environmental Protection Agency on Wednesday launched a $7 billion competitive grant program that aims to give low-income communities access to residential solar panels.
- Categories
- Energy, Technology
- Region
- North America
- Tags
- renewable energy, solar
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Press Release: Distribution Network Infrastructure Drives Down Capex And Boosts IRR For Mini-Grids, CrossBoundary Mini-Grid Innovation Lab Finds
Analysis of data from 2020 to 2023 shows that the adoption of grid densification positively impacts grid economics, customer acquisition, and grid utilization.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Press Release: New Report: Evaluation of the Shifting Systems Initiative
Rockefeller Philanthropy Advisors (RPA) is pleased to announce the release of the evaluation report for its groundbreaking Shifting Systems Initiative (SSI).
- Categories
- Investing, Technology
- Region
- Global
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Emerging Africa Infrastructure Fund Invests $30 Million in Eastcastle Infrastructure
The project aims to include benefits associated with democratizing access to markets.
- Categories
- Investing, Technology, Telecommunications
- Region
- Sub-Saharan Africa
- Tags
- infrastructure, MSMEs
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7 African Startups on WEF Technology Pioneers List
Seven African tech startups have been named by the World Economic Forum (WEF) among its selection of the 100 most promising Technology Pioneers of 2022.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- innovation
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