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OFID Funds $36.5 Million to Accelerate Access to Clean Cooking in Madagascar
The Opec Fund for International Development is providing Madagascar with $36.5 million in loans and grants to accelerate access to clean cooking.
- Categories
- Energy, Environment
- Region
- Sub-Saharan Africa
- Tags
- clean cooking, energy access, forests, SDGs
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Announcing NextBillion’s Most Influential Articles of 2022: Vote for Your Favorite!
It's time for NextBillion's “Most Influential Article of the Year” contest, in which we select our 12 most-read articles from the past year and invite readers to choose their favorites. We welcome you to read the articles and to vote by scrolling down to the voting app at the bottom of this announcement — or at the individual articles in the contest, which are linked in this announcement and posted on our homepage. You can vote up to one time per hour during the voting period, which will run from Dec. 21 to Jan. 3. We wish you a happy holiday season and a prosperous new year!
- Categories
- Agriculture, Coronavirus, Energy, Environment, Finance, Impact Assessment, Investing, Social Enterprise, Technology
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UK to Give £650 Million for Projects in Developing African Countries
The UK will contribute £650 million to the African Development Fund towards high impact and low-cost finance projects in developing nations in Africa.
- Categories
- Energy, Environment, Investing, WASH
- Region
- Sub-Saharan Africa
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Symbiotics Investments Arranged a USD 10 Million Green Bond for Proparco
The proceeds will support its activity in providing access to energy for off-grid customers in underserved African markets.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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African Bitcoin Mining Firm Gridless Raises $2 Million in Funding Round Led by Stillmark, Block Inc.
The mining company focuses on rural communities in East Africa and intends to increase electricity and energy access for the region.
- Categories
- Energy, Finance, Technology
- Region
- Sub-Saharan Africa
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Energy Access and Connectivity Part of African Development Bank Strategy for Ethiopia
The African Development Bank has released its new 2023-2027 Country Strategy Paper for Ethiopia that highlights energy access and connectivity as priorities.
- Categories
- Energy, Environment
- Region
- Sub-Saharan Africa
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IRENA Report: Renewable Energy Capacity in Sub-Saharan Africa Was 30% As of 2021
The average yearly additions are less than a third of the annual capacity of 860 GW that needs to be added to meet the 1.5°C scenarios.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Bboxx EDF Sign €11 Million Deal With OGEF to Accelerate Electrification of an Additional 1.5 Million People in Togo
The funding will enable Bboxx EDF to ramp up clean electrification delivery in Togo.
- Categories
- Energy
- Region
- Sub-Saharan Africa