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Urgent Action Required to Address Sub-Saharan Africa’s Energy Equity: WEF Report
Sub-Saharan Africa is grappling with significant equity challenges, demanding urgent improvements in energy access.
- Region
- Sub-Saharan Africa
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Report: Progress on Basic Energy Access Reverses for First Time in a Decade
A combination of factors contributed to this including the global energy crisis, inflation, growing debt distress in many low-income countries, and increased geopolitical tensions.
- Categories
- Energy
- Region
- Global
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Rethinking Credit Scoring: A Pay-As-You-Go Pioneer Explores Innovative Solutions in Africa
The ability to make life-changing purchases — from buying a home to setting up a business — usually relies upon acquiring credit. But as Mansoor Hamayun at Bboxx explains, in many emerging markets, it’s incredibly difficult for the average citizen to obtain a credit score. He explores the obstacles to credit scoring in Africa, and discusses how Pay-As-You-Go financing of solar products — combined with innovative approaches to consumer subsidies — can be leveraged to boost access to credit scores and essential financial services in underserved communities.
- Categories
- Finance
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Press Release: World Bank Supports Policy Reform of Ghana’s Energy Sector and Access to Clean Cooking
The PforR will support Ghana’s Energy Sector Recovery Programme (ESRP) to improve the financial viability of electricity distribution and increase access to clean cooking solutions.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Africa to Get Only 2% of $2 Trillion Global Clean Energy Investment in 2024- Report
The report explained that the continent will need a yearly investment of $200 billion by 2030 to achieve its energy and climate-related goals.
- Region
- Sub-Saharan Africa
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Sefa Finances $8 Million for Productive Use of Off-Grid Solar in Ethiopia
The funding will support a pilot project “to test the commercial viability and effectiveness of a business model integrating mini-grids with agro-industrial operations at nine sites in Ethiopia”, says the AfDB.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Press Release: d.light and Orange Partner to Open up Access to Off-Grid Solar Energy in Africa
d.light and global telecom operator Orange’s energy business unit Orange Energies sign a strategic partnership to sell d.light solar home products and systems in 11 African countries.
- Categories
- Energy, Technology
- 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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