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IKEA, Rockefeller Foundations Partner over $1 Billion Global Platform to Fight Climate Change
The IKEA Foundation and The Rockefeller Foundation have partnered to form a $1 billion global platform to fight climate change.
- Categories
- Energy, Environment, Investing
- Region
- Global
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Democratic Republic of Congo Announces $100 Million Solar-Hybrid Power Project
A consortium led by Gridworks and including Eranove and AEE Power, has signed three concession agreements with the Ministry of Hydraulic Resources and Electricity of the Democratic Republic of Congo (DRC) to develop, build and operate three large scale, solar-hybrid, off grid utilities.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Press Release: The Build Fund Makes Inaugural Investment in East African off-Grid Solar Energy Solutions Distributor
The BUILD Fund (BUILD), an impact fund created in partnership between Bamboo Capital Partners (Bamboo) and the United Nations Capital Development Fund (UNCDF), has made its inaugural investment, providing a USD500,000 working capital facility for Mwezi, a Kenyan distributor of solar products.
- Region
- Sub-Saharan Africa
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Press Release: IFC and the Rockefeller Foundation Partner to Advance Distributed Renewable Energy Solutions in Emerging Markets
The partnership will prioritize countries in Sub-Saharan Africa and select other regions, where both organizations have identified immediate opportunities.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Press Release: G7 Development Finance Institutions and Multilateral Partners to Invest over $80 Billion into African Businesses over the Next Five Years
The G7 DFIs, the IFC, the private sector arm of the African Development Bank, EBRD, and the EIB today announced that they were committed to investing $80 billion in the private sector over the next five years to support sustainable economic recovery and growth in Africa.
- Categories
- Coronavirus, Finance, Investing
- Region
- Sub-Saharan Africa
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West Africa: $465 Million Approved for Regional Electricity Access
The World Bank Group has approved a regional electricity access project in West Africa for a total amount of $465 million.
- Region
- Sub-Saharan Africa
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IFC Providing $57 Million for Two Wind Projects in Vietnam
The International Finance Corporation (IFC) announced today it will provide USD 57 million (EUR 46.6m) in financing to the developer of two onshore wind projects in Vietnam.
- Categories
- Energy
- Region
- South Asia
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Shell to Offload Onshore Nigerian Oil Assets in a Move to Cleaner Energy
Petroleum giant, Shell, will offload the last of its Nigerian assets in an effort to move towards cleaner energy.
- Categories
- Energy, Environment
- Region
- Sub-Saharan Africa