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IFC Commits $25 Million to Acumen’s Fund for Expanding Energy Access in Africa
The grant encourages solar companies to lower interest rates for end-users by achieving specific key performance indicators (KPIs).
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Press Release: Power Africa Awards Grants to Increase Access to Solar-Powered Productive-Use Technologies in East Africa
Through its Empower East and Central Africa program, Power Africa is awarding grants to Simusolar and SureChill to distribute solar-powered irrigation and refrigeration solutions to underserved regions in Kenya, Tanzania, and Uganda to boost productive use of energy.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Nexif Ratch Energy Secures Financial Close for Its 145 MWP Bacolod Solar Power Project in the Philippines
It is a 145 MWp ground-mounted solar photovoltaic project that will connect to NGCP’s Bacolod Substation and can potentially power to up to 52,600 households.
- Categories
- Energy, Technology
- Region
- South Asia
- Tags
- infrastructure, renewable energy, solar, wind
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Press Release: Sistema.bio Secures $15 Million in Additional Financing to Accelerate Global Expansion
Sistema.bio, a global leader in biogas technology, announces it has secured a package of US $15 million in financing to fuel its global growth.
- Categories
- Agriculture, Energy, Investing
- Region
- Global
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‘A Proudly South African Project’: Start Of The Journey For The Country’s First Electric Minibus Taxi
South Africa’s first electric minibus taxi, eKamva, was unveiled at the Smarter Mobility Africa Summit in Johannesburg today.
- Categories
- Energy, Technology, Transportation
- Region
- Sub-Saharan Africa
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AIIB Commits $100 Million to Climate Transition Investments in Emerging Asia
AIIB pledges $100 million for climate transition investments, with $75 million to the Actis Asia Climate Transition Fund.
- Categories
- Energy, Environment, Investing
- Region
- Asia Pacific
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ExxonMobil’s $1.28 Billion Nigeria Deal With Seplat Nears Approval
The imminent approval of the ExxonMobil-Seplat deal should pave the way for more energy sector transactions and reinforce Nigeria’s ambition to remain a top oil-producing nation despite the ongoing challenges.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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African Development Bank Takes $10 Million Equity Stake in Kenya’s Dhamana Following Anchor Investment From Private Infrastructure Development Group
Dhamana will support access to financing for key sectors including transport, water, renewable energy, and waste management.
- Region
- Sub-Saharan Africa