-
Fuel Subsidy: Nigerian Government Secures $800 Million World Bank Facility
The finance minister said the $800 million is the first tranche of palliatives will be transferred to 50 million Nigerians, who belong to the most vulnerable category of society.
- Region
- Sub-Saharan Africa
-
NSIA, Vitol Sign $50 Million Deal for Carbon Removal Projects
The Nigeria Sovereign Investment Authority (NSIA) says it has completed a joint venture (JV) agreement with Vitol to invest in a range of carbon avoidance and removal projects.
- Categories
- Energy, Environment, Investing
- Region
- Sub-Saharan Africa
-
Press Release: DFC Approves More Than $655 Million of Investments to Bolster Infrastructure, Energy Security, Food Security, and Healthcare in Q2 of FY2023
The transactions will support U.S. foreign policy and development priorities across the globe.
- Categories
- Energy, Investing, Technology
- Region
- Global
-
New Report Shines Spotlight on E-Mobility Innovators Unlocking Access to the US $3.65 Billion Motorcycle Market in Sub-Saharan Africa
Electric motorcycles are set to be a dominant force in sub-Saharan Africa’s sustainable mobility transformation.
- Categories
- Energy, Technology, Transportation
- Region
- Sub-Saharan Africa
-
Indonesia Lowers Value-Add Tax on Electric Vehicles from 11% to 1%
Indonesia has lowered its value-add tax on battery-based electric vehicle sales.
- Categories
- Energy, Transportation
- Region
- South Asia
-
Indonesian EV Battery Startup Swap Energy Raises $7.2 Million
Indonesia-based Swap Energy has raised about $7.2 million in a pre-Series A funding.
- Categories
- Energy, Technology, Transportation
- Region
- South Asia
- Tags
- e-mobility, mining, startups, transportation
-
Africa Data Centres Signs 20-Year Solar Energy Partnership With Distributed Power Africa
Distributed Power Africa will supply 12MW of renewable solar energy for Africa Data Centres facilities in South Africa.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
- Tags
- data, energy access, innovation, renewable energy, solar
-
Senegal Cement Giant Secures €242 Million From IFC
The International Finance Corporation (IFC) has provided €242m in financing for Sococim Industries, Senegal's leading cement producer, to build a new production line at its Rufisque cement plant and reduce its carbon footprint.
- Categories
- Energy, Environment, Technology
- Region
- Sub-Saharan Africa
- Tags
- infrastructure
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