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Africa50 Joins IRENA’s ETAF Platform to Accelerate Renewable Energy Deployment in Africa
The partnership aims to reinforce efforts towards sustainable development and climate action across the continent.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Off-Grid Energy Leader ENGIE Energy Access Launches 15 Solar Mini-Grids in Zambia, Targets 60 by 2025
ENGIE Energy Access will provide reliable electricity to underserved families and small businesses, creating economic growth and increasing socio-economic welfare in local communities.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Kathmandu Is Making Taxi Drivers Switch to EVs. Not All Drivers Can Afford One
The Xpres-T, made by Indian carmaker Tata, is the only EV approved for use as a taxi in Nepal. It costs $27,000 — several years’ income.
- Categories
- Energy, Technology, Transportation
- Region
- Asia Pacific
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Orange Energies Opens Digital Platform for Energy Companies
According to the business, the IOT platform addresses the profitability difficulties that African energy producers confront by lowering the risk of non-payment.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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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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Press Release: British International Investment and Symbiotics Strengthen Partnership With Launch of Second Green Basket Bond Across Asia and Africa
Following the successful launch of the first green basket bond in 2022, the new issuance will increase financing to small-scale green projects and businesses, funded through micro, small and medium enterprise (MSME) lenders across Africa, South and South-East Asia.
- Categories
- Agriculture, Energy, Environment, Investing, Technology, Transportation
- 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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