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BMZ, KfW Creating Clean Energy and Energy Inclusion for Africa (CEI Africa) with Goals Including to Enable Diaspora Investments via Crowdfunding
Two German institutions, Bundesministerium für wirtschaftliche Zusammenarbeit und Entwicklung (BMZ) and KfW, which was formerly known as Kreditanstalt für Wiederaufbau, are launching a foundation called Clean Energy and Energy Inclusion for Africa (CEI Africa).
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Report: $1.2 Trillion Needed To Disrupt African Agriculture Through Off-Grid, Renewable Solutions
Zooming in on Africa’s most important sector, which accounts for 75% of rural economic activity, the agriculture value chain represents the most significant opportunity for PUE capital investment.
- Categories
- Agriculture, Energy
- Region
- Sub-Saharan Africa
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Universal Energy Access is Within Reach — If the Sector Survives COVID-19: Here’s How Funders Can Help
Before COVID-19 struck, the energy access sector was booming, delivering renewable power to 470 million people, creating 370,000 jobs and avoiding 74 million metric tons of greenhouse gas emissions over the past decade. But as Sarah Bieber at Acumen and Henry Gonzalez at Green Climate Fund point out, the pandemic has put that progress at risk, as dwindling investment, decreased customer income and dramatic price increases have created a crisis for energy access companies. They explore how funders can help get the sector back on track.
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Asian Development Bank Approves $600 Million Loan To Help PLN Improve Electricity Services in Java Island
The Sustainable and Reliable Energy Access Program will rehabilitate, strengthen, and expand PLN’s power grid and promote clean energy use.
- Categories
- Energy
- Region
- South Asia
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World Bank $150 Million Project To Boost Electrification in Somalia
According to International Development Association, the project will increase access to cleaner, lower-cost electricity for 1.1 million households in Somalia.
- Categories
- Energy
- Region
- North Africa & Near East
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World Bank Approves Renewable Energy Project Loans to Cabo Verde, Africa
The World Bank approved an International Development Association credit and an International Bank for Reconstruction and Development loan for the Renewable Energy and Improved Utility Performance Project for Cabo Verde in Western Africa.
- Categories
- Energy
- Region
- North Africa & Near East
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Press Release: DFC Announces Approval To Provide up to $500 Million of Debt Financing for First Solar’s Vertically-integrated Thin Film Solar Manufacturing Facility in India
The loan represents the largest single debt financing transaction for DFC, promoting DFC’s commitment to diversifying supply chains.
- Categories
- Energy
- Region
- Asia Pacific
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Cooling, Cold Chain Advances Energy Efficiency for Food, Vaccines in Africa
The Africa Centre of Excellence for Sustainable Cooling and Cold Chain (ACES) is about to enhance its reach through a network of Specialised Outreach and Knowledge Establishments (SPOKEs).
- Categories
- Energy
- Region
- Sub-Saharan Africa
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