Climate Fund Managers partners with SWS to support development of solar powered desalination plants in Kenya
Climate Fund Managers (CFM) has agreed to co-finance and co-develop a portfolio of solar-powered desalination installations in Kenya, turning brackish groundwater into drinking water.
African Energy Chamber reports that Africa’s electricity generation capacity has grown at an average of 4.8 percent per annum since 2008.
A majority of consumers in Africa still live off the grid, in what are commonly called "last-mile" communities.
CrossBoundary Energy open sources its investment approach for mini-grids to accelerate energy access in Africa
CrossBoundary Energy Access (CBEA), Africa’s first project financing facility for mini-grids, is open sourcing its approach to investing infrastructure capital into mini-grids to accelerate energy access for all in Africa by 2030.
The African Development Bank approved $5 million investment in the SPARK+ Africa Fund to deliver clean cooking solutions to over two million households across Africa.
USAID’s Pay As You Go Liquid Petroleum Gas Program awarded a grant to Bboxx to test and scale up LPG technology in the Democratic Republic of Congo.
The African Development Bank approved a $120 million loan to fund the construction of a 50 MW hydropower plant in Western Tanzania.
The Kenya Electricity Generating Company (KenGen) has unveiled an elaborate renewable energy project pipeline focused on supporting the Government’s economic growth agenda.
Vivo Energy and Robex Resources Inc. have announced an agreement for Vivo Energy to supply solar power to the Nampala mine for a period of between five and 15 years.
In the International Energy Outlook 2020 (IEO2020), the U.S. Energy Information Administration (EIA) projects electricity generation in Africa using two cases with different assumptions about how future electricity needs are fulfilled.
The Government of Ghana and Switzerland signed a bilateral agreement which brings the cooperative approaches of the Paris Agreement to life, setting the framework conditions for the cooperation.
The Kenya Bankers Association (KBA) and the Kenya Climate Innovation Centre (KCIC) signed a Memorandum of Understanding aimed at advancing the green finance agenda in Kenya.
Siemens Gamesa has officially started production of Mainstream Renewable Power’s 110MW Perdekraal East and 140 MW Kangnas wind farms in South Africa, supporting additional green power supply into the country’s national grid.
Rystad Energy analysis shows Africa’s renewable energy capacity is set for consecutive years of growth
Africa’s installed capacity of renewable energy, which stood at 12.6 gigawatt (GW) in 2019, is set for consecutive years of growth, a Rystad Energy analysis shows.
Bamboo Capital Partners has been appointed by the Government of Madagascar and the World Bank as the international fund manager for the Off-Grid Market Development Fund, a $40 million renewable energy access fund.
Bboxx, a next generation utility, has secured a $4 million loan from the Facility for Energy Inclusion Off-Grid Energy Access Fund (FEI OGEF), a debt fund managed by Lion’s Head Global Partners (LHGP), to accelerate Bboxx’s operations in the DRC.
The International Renewable Energy Agency (IRENA) and the Global Wind Energy Council (GWEC) signed a cooperation agreement in order to join efforts aimed at increasing the adoption and deployment of wind and renewable energy worldwide.
IFC and the Agricultural bank of Egypt (ABE) announced a partnership to help of Egyptian farmers access financing to purchase solar irrigation systems, reducing their reliance on diesel-powered generators and boosting their productivity.
Ford Motor Company of Southern Africa has embarked on a pioneering solar energy project for its Silverton Assembly Plant in Pretoria, as part of its vision to develop an integrated renewable energy solution.
CrossBoundary Energy exits first fund at 15% net IRR, raises $40m to scale financed solar for African businesses
CrossBoundary Energy announced the exit of its first fund at a 15% net IRR to investors, with ARCH Emerging Markets Partners’ Africa Renewable Power Fund providing $40 million in new equity funding to exit initial investors.
Camco Clean Energy (Camco) has been approved as an accredited entity by the Green Climate Fund (GCF).
Kangnas Wind Farm achieved its Commercial Operations Date, making it the first bid window four wind farm, in the Northern Cape, to come on stream as part of government’s Renewable Energy Independent Power Producer Procurement Programme.
Sasol has secured more than 100 000 carbon offset credits from Bethlehem Hydro, a South African independent power producer, in fulfilment of its obligations under the new South African carbon tax regulations.
In sub-Saharan Africa, electricity access stands at just 43%, or roughly half the global access rate. While challenges remain, COVID-19 is also revealing the importance of increasing more affordable renewables within the energy mix.
Energy Efficiency might sound like ‘ Board Room speak’ to many, but what is it really?
Farm Africa has begun the construction of a vegetable pack house in Trans Nzoia County, Kenya, to make it easier for smallholder farmers to market their fresh horticultural produce and reduce post-harvest losses.
Transcorp Consortium announced the 100% acquisition of 966MW installed capacity Afam Power and Afam Three Fast Power, jointly referred to as 'Afam GenCo', at an acquisition cost of N105.3 billion.
[Nigeria] FBNQuest Merchant Bank partners with Kairos Investments Africa on financing of prepaid smart electricity meters
FBNQuest Merchant Bank and Kairos Investments Africa have announced plans for a national meter asset finance and management SPV that would attract long term financing for the mass roll-out of prepaid smart meters.
UNCDF has invested in development projects aimed at expanding access to affordable, reliable, and clean energy, investing in a 50kW solar power micro grid project in Mpale Village, Tanzania.
Azuri Technologies, first company to launch a complete pay-as-you-go solar TV package in Kenya, has announced its latest generation of PayGo solar powered TV, the TV400.
Mozambique’s President H.E. Filipe Nyusi and the French Ambassador to Mozambique David Izzo launched construction for the country’s second photovoltaic solar power plant, located in Metoro, north of Mozambique.
In an effort to realise its ambition towards meeting the Paris Agreement goals, Sasol is placing a request to the market to collaborate with experienced carbon offset project developers.
With the commissioning of its final wind turbine at 140 MW Nxuba Wind Farm in the Eastern Cape, Enel Green Power (EGP) has commenced with the generation and delivery of energy.
Asonha Energie signed a turnkey contract with Chinese engineering and construction firm Sinohydro for the development of the 35-MW Kinguélé Aval hydroelectric dam in Gabon.
Finland, Iceland, Norway, Sweden and Denmark have decided to strengthen the Nordic Development Fund (NDF) with additional capital of €350 million.
The USTDA issued a call for initial proposals to expand its grant-based support for feasibility studies, technical assistance and pilot projects that advance the U.S. government’s Prosper Africa and Power Africa initiatives.
WAAREE Energies, India's largest solar module manufacturer has strengthened its presence in West of African continent by opening franchise in Conarky.
Siemens Energy inaugurated a service center and a training academy in Egypt which combines a repair center, a tooling center and a spare-parts warehouse under one roof.
Sterling and Wilson Pvt Ltd (SWPL) has announced that it's Hybrid & Energy Storage division (HES) has signed an EPC contract to construct a Solar PV Battery Storage and Diesel Genset based hybrid power plant in Agadez, Niger, in West Africa.
U.S. International Development Finance Corporation (DFC) has committed $1.55 million in technical development for the Tulu Moye Geothermal Power Plant Project in Ethiopia.
Energy producer Kenya Electricity Generating Company (KenGen) is set to earn about $1.1 million in the next seven years from the Olkaria II Clean Development Mechanism (CDM) Project.
Efficiency for Access Research and Development Fund supports 20 groups with £2.9 million funding for solar projects
The Efficiency for Access Research and Development Fund has awarded 20 organisations a total of £2.9 million of funding for innovative, solar-powered appliance technology projects.
The EEP Africa Innovation Window Investment Committee approved funding for projects submitted under the 2020 call for proposals on Clean Energy Powering Green Growth.
Lekela, renewable power-generation company that delivers utility-scale projects across Africa, anounced its South Africa's Perdekraal East windfarm began commercial operations.
Following the signing of the contract with the China Harbour Engineering Company (CHEC) in August, construction works have now officially begun for the Côte d’Ivoire Terminal (CIT), Abidjan’s second container terminal.
Starsight, Commercial and Industrial solar power provider in West Africa announced its expansion into Ghana.
The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) are supporting green investments by the private sector to strengthen Morocco’s economic recovery.
New analysis shows onshore wind potential across Africa enough to power the entire continent many times over
Developing Africa’s huge onshore wind energy potential can boost its transition to affordable and reliable clean energy. For the first time ever, wind and solar made up the majority of the world’s new power generation in 2019.
World Bank supports improvement of air quality, fight against climate change in Greater Cairo, Egypt
The World Bank approved a $200 million project to support Egypt’s initiatives to reduce air and climate pollution from critical sectors and to increase resilience to air pollution in Greater Cairo.
The U.S. Trade and Development Agency (USTDA) expanded its support for Mozambique’s energy sector by funding two projects that will help deliver electricity to thousands of households through wind power and energy storage technology.
The U.S. Trade and Development Agency (USTDA) awarded a grant for a feasibility study to help Lekela Energie Stockage deploy utility-scale battery storage technology in support of its Taiba N’Diaye wind farm, the largest of its kind in Senegal and West Africa.
General Electric (GE) announced the successful rehabilitation of three 9E.03 gas turbines, at three Niger Delta Power Holding Company’s (NDPHC) Power Plants in Calabar and Sapele, Nigeria.
The South African Photovoltaic Industry Association (SAPVIA) and the South African Wind Energy Association (SAWEA) have come together to launch an innovative programme to drive change and enhance local skills base.
The U.S. Trade and Development Agency (USTDA) awarded a grant to Darway Coast Nigeria for a feasibility study that will provide reliable electricity for more than 80,000 households and businesses in Nigeria using U.S. minigrid technology.
Greenlight Planet Inc., a provider of solar-powered home energy products in sub-Saharan Africa and South Asia, has secured $90 million in new funding to expand its Pay-As-You-Go (PAYG) solar consumer financing business and consolidate its debt portfolio.
Four billion people around the world still lack access to clean, efficient, convenient, safe, reliable, and affordable cooking energy, a new World Bank report finds.
USAID, Power Africa grant $2.6m in healthcare electrification to solar energy companies in Sub-Saharan Africa
Power Africa, through the USAID, announced grants totaling $2.6 million to solar energy companies to provide reliable, affordable off-grid electricity to nearly 300 healthcare facilities in sub-Saharan Africa.
CDC Group, UK’s development finance institution and impact investor, announced a joint commitment of $90 million in partnership with leading investors, to Greenlight Planet.
Global finance to developing countries in support of clean and renewable energy reached $21.3 billion in 2017, which almost doubles the level from 2010 when international financial flows were at $10 billion.
FAO launches Green Cities Initiative to help transform agri-food systems, end hunger and improve nutrition
FAO unveiled its new Green Cities Initiative and Action Plan to help transform agri-food systems, end hunger and improve nutrition in and around the cities in a post COVID-19 era.
The World Bank approved $150 million in financing to improve access to modern energy for households, enterprises, and public institutions in Rwanda and to enhance the efficiency of electricity services.
BrightLife, a social enterprise by FINCA International, has announced the appointment of Laurynas Vaičiulis as Chief Executive Officer.
Kenyan Government partners with private sector, development partners to outline roadmap to achieve energy efficiency goals
The Kenyan Government through the Ministry of Energy launched the Kenya National Energy Efficiency and Conservation Strategy, placing Kenya firmly on track toward sustainable consumption and production including renewable energy generation.
The World Bank released the Next Generation Africa Climate Business Plan (NG-ACBP), which sets out a blueprint to help Sub-Saharan African economies achieve low carbon and climate-resilient outcomes.
Egypt's EnviroTaqa for Sustainable Environmental Services & Renewable Energy signed a partnership and alliance contract with Swiss company Renergon International AG, for the development of biogas projects in Egypt.
Lumos, Africa's solar home system provider, has announced new financing from U.S. International Development Finance Corporation (DFC) to expand its existing market for reliable, accessible and clean solar power in Nigeria.
The U.S. Trade and Development Agency (USTDA) awarded a grant to Senegal’s national utility - Société Nationale d’Electricité (Senelec) for training that will help bring power to 440,000 people in rural communities using American technology.
The U.S. International Development Finance Corporation (DFC) approved investments this quarter totaling more than $2.5 billion across nine projects that will advance development in Africa, Latin America, and emerging markets across the globe.
Natural gas projects in Africa are Key to global energy transition, reducing emissions and powering industrialisation
Natural gas is an integral part of the global energy story accounting for 25% of the global energy that is consumed. With a total proven natural gas resource estimated to be about 600 trillion CFT, the opportunities for natural gas in Africa are enormous.
In a new move aimed at improving the resilience of Egypt’s power transmission network, Siemens Energy has been selected by the Egyptian Electricity Transmission Company (EETC) to connect Bashaer El Khair City project in Alexandria.
[South Africa] Sasol invites interested parties to partner for development of CO2 utilisation technologies
Sasol is inviting interested parties to participate in a Request for Information (RFI) process regarding the development and demonstration of CO2 utilisation technologies to progress its climate change ambitions.
The Development Bank of Southern Africa (DBSA) and the Industrial Development Corporation (IDC) have committed project development funding to Mitochondria Energy, a local provider of affordable, reliable and sustainable energy services.
Metier has invested $25 million into Broadreach Energy to support C&I renewable energy projects across sub-Saharan Africa.
IFC announced a loan to FirstRand Bank to enable increased financial and advisory support to energy-efficient and water-smart projects in South Africa, helping the country meet climate emission and other environmental targets.
KenGen Board of Directors, exercising its powers given under Article 94 of the Articles of Association of the Company, has renewed the employment contract for the Managing Director & CEO, Mrs. Rebecca Miano for another three years.
Construction works for phase 1 of a 600 MW photovoltaic plant in the Menkao district of Kinshasa, Democratic Republic of Congo (DRC), was launched by H.E. President Felix Tshisekedi.
The Egyptian Electricity Transmission Company (EETC) has decided to cancel a recently launched tender for the construction of a 200 MW solar PV project in the West Nile region of Egypt.
Twelve renewable energy start-ups have successfully completed a 16-week incubation program run by the NCIC and funded and supported by off-grid energy impact investment company All On.
As a part of the ongoing strategic review, the Fagerhult Group investigates different exit options for its South African business, Lighting Innovations Africa.
CPTDC has been awarded a contract to design, supply, install and commission natural gas compressors for exploration company Orca Energy, to be used in the company’s Songas facility, on Songo Songo Island in Tanzania.
Siemens Energy has signed a long-term preventive maintenance contract with the Egyptian Ethylene and Derivatives Company (ETHYDCO), for its industrial complex in Alexandria, Egypt.
The U.S. Government’s Millennium Challenge Corporation (MCC) and the Government of Burkina Faso signed a compact agreement to reduce poverty through economic growth in Burkina Faso.
Senegal’s Ministry of Petroleum and Energies announced the exemption of value added tax (VAT) on equipment destined to producing renewable energy.
With a strong push for solar energy from the World Bank and the International Finance Corporation, life for thousands of Ghanaians is beginning to change.
The U.S. International Development Finance Corporation (DFC) has committed a $5 million loan to BIX Capital for SMEs debt financing in Sub Saharan Africa.
Rainoil has launched its Liquified Petroleum Gas (LPG) facility and business at its multi-product facility in Ijegun, Lagos, Nigeria.
South African businesswoman, engineer and natural gas expert Nosizwe Nokwe-Macamo has joined the African Energy Chamber’s Advisory Board for 2020 and 2021.
RES4Africa Foundation and the East Africa Centre of Excellence for Renewable Energy and Energy Efficiency (EACREEE) have partnered to increase their cooperation and mutual support in the promotion of renewable energy.
Eskom and the Special Investigating Unit (SIU) issued summons in the North Gauteng High Court to recover funds from former Eskom executives, former Board members, members of the Gupta family and their associates, and others.
Panelists at the 'Germany-Africa Economic Relations: Making Deals Post COVID-19' webinar sought to mobilize German investment into the African energy sector.
The U.S. Trade and Development Agency (USTDA) has awarded a grant to Abuja-based Konexa for a feasibility study that will evaluate Nigeria’s access to reliable, privately generated renewable electricity.
The European Investment Bank (EIB) and the Afreximbank are directing €300m of financing to support the resilience and recovery of African nations in response to the COVID-19 pandemic.
The African Energy Chamber has nominated an Investment Advisory Committee, the last body to serve on its Advisory Board for 2020 and 2021, to provide solutions to finance Africa’s energy resurgence.
Vivo Energy Mauritius, company holding the Shell franchise in Mauritius, is expanding its product range with three new generations of lubricants in the Shell Helix and Rimula ranges.
REDAVIA, a global market leader of cost-effective, reliable, and clean solar power for businesses, has deployed its first solar farm in Kenya for Menengai Farmers Ltd tea farm in Tigoni.
The High Court delivered the Judgement on the Eskom Board review of the National Energy Regulator of South Africa’s (NERSA’s) decision on the Multi-Year Price Determination (MYPD), which requires Eskom to recover the R69bn.
African Energy Chamber appoints APO Group Founder and Chairman Nicolas Pompigne-Mognard to its Advisory Board
APO Group, the leading pan-African communications and business consultancy confirms that its Founder and Chairman, Nicolas Pompigne-Mognard, has been appointed to the Advisory Board of the African Energy Chamber.
Lumos has received new funding from Dutch entrepreneurial development bank, FMO, to expand its existing market for reliable, accessible and clean solar power in Côte d’Ivoire.
The World Bank approved a total of $300 million in International Development Association (IDA) credits and grants to support reforms that will help promote electricity trade in West Africa.
Millions of people, small holders and entrepreneurs in remote villages across Uganda are set to access reliable and cheap electricity for the first time under a new off-grid solar scheme.