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World Bank Approves $150 Million for Electricity Services in Senegal
The World Bank’s Board of Executive Directors approved $150 million from the International Development Association (IDA) to increase access to electricity services for households, enterprises, and critical public facilities in Senegal.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Analysis: Europe’s Phase-Out of Russian Energy Over the Ukraine Crisis Could Mean Opportunity for African Countries
Suppliers such as the underdeveloped frontier energy markets of Africa may find new energy sector investors in Europe who can no longer rely on Russian natural gas, which has long been their dominant source.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Spark+ Africa Fund Raises Over $40 Million in a First Close to Invest in Clean and Modern Cooking Solutions in Africa
Spark+ Africa Fund (“Spark+”) launched in partnership with 12 development finance institutions, foundations, family offices, and pension funds as the world’s first impact fund financing clean and modern cooking solutions in developing markets.
- Categories
- Energy, Environment
- Region
- Sub-Saharan Africa
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SEforALL and UN-Energy Announce Microsoft Signing Two Energy Compacts
Microsoft is the latest company to submit an Energy Compact, affirming its commitment to drive decarbonization of the electric grid to combat climate change.
- Categories
- Energy, Environment
- Region
- Global
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AfricaGoGreen Fund Receives $31.5 Million to Promote Private Sector Efficiency Investments
Development finance institution (DFI) the African Development Bank (AfDB) and its Sustainable Energy Fund for Africa (SEFA) have approved a combined-equity investment of $20-million in the AfricaGoGreen Fund (AGGF) debt fund.
- Categories
- Energy, Environment
- Region
- Sub-Saharan Africa
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Viewpoint: Russia’s Invasion of Ukraine: What Does It Mean for Africa?
The invasion has done profound damage to Russia’s relations with the West, which will be difficult to reverse as long as Putin and like-minded people around him are in power. Africa should brace itself for the challenging years ahead.
- Categories
- Agriculture, Energy, Entrepreneurship, Environment, Finance, Health Care, Investing, Technology
- Region
- Europe & Eurasia
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Press Release: UAE and IRENA Launch New Initiative to Provide Communities With Access to Energy for Clean Cooking
Beyond Food partnership launched by IRENA and UAE in collaboration with NAMA to provide clean cooking energy and technologies to communities and households.
- Categories
- Energy, Environment
- Region
- North Africa & Near East
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Access Alone is Not Enough: Why a Holistic Approach is Necessary to Develop Lasting Energy Solutions
With about 800 million people lacking reliable electricity, energy access is one of the defining issues – and opportunities – of our time. According to Peter Weston at Energy 4 Impact and David Nicholson at Mercy Corps, that's what drove the recent merger of their two organizations. But as they explain, to unlock the full impact of energy access, it's important to ensure that people, businesses and communities can capitalize on it. They explore how a comprehensive market system approach can produce energy solutions that work for farmers, entrepreneurs and others.
- Categories
- Agriculture, Energy, Entrepreneurship, Environment
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