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ETHIOPIA: Siemens Gamesa Inks First Wind Farm Project in Assela

Siemens Gamesa has signed its first wind power project in Ethiopia with state-owned electricity company Ethiopian Electric Power (EEP),strengthening its leadership in Africa as the country begins to expand its … Read More

African Development Bank approves $7 million in Sustainable Energy Fund for Africa (SEFA) Technical Assistance to Transform Mini-grid Investment in Africa

The  African Development Bank have approved a $7 million grant from the Sustainable Energy Fund for Africa (SEFA), for technical assistance in setting up a mini-grid acceleration initiative to meet the … Read More

CrossBoundary Energy Raises $40M to Scale Financed Solar for Businesses in Africa

CrossBoundary Energy (CBE) has announced the exit of its first fund at a 15% net IRR to investors. ARCH Emerging Markets Partners’ Africa Renewable Power Fund (ARCH ARPF) is providing … Read More

CGG Delivers Global Geothermal Resource Study to Support Client’s Energy Transition Strategy

CGG has announced that its Geothermal Science group has delivered a global geothermal resource study to a major energy company. The study evaluates the scale of the potential for geothermal … Read More

East African Countries Submit 17 Expressions of Interest for the 6th GRMF Application Round

The AUC has acknowledged that on 29 July 2020 seventeen (17) Expressions of Interest (EoI) for the Geothermal Risk Mitigation Facility’s 6th Application Round were received on time and were accepted … Read More

SOUTH AFRICA: Sasol Invites Bidders for the Development Solar Photo-Voltaic (Pv) Facilities

Sasol is inviting interested Bidders to participate in a Request for Proposals (RFPs) process for the development of two embedded 10MW Solar Photo-Voltaic (PV) facilities at its South African operations … Read More

German Capital, Technology to Increase in Africa’s Energy Sector

This week, the Germany-Africa Business Forum (GABF) is organizing an exclusive webinar to encourage new deals between German and African public and private energy stakeholders. This is an extremely timely … Read More

UGANDA: 1.4 million to access reliable and affordable energy under new EIB – ENGIE initiative

Scaling up off-grid solar power model for transforming rural energy access across Africa; EIB financing to overcome barriers to 80% of Ugandans without access to electricity; Local currency financing to … Read More

Solar Mini-grids Set to Play Critical Role in Achieving Universal Electricity Access With Right Policy Support

Mini-grids could play a critical role in providing electricity to rural communities and businesses and in helping to connect the 789 million people worldwide who currently do not have access. … Read More

Infrastructure Fund Africa50 helps Egypt’s Solar Power Sector take off

A 37-square-kilometer solar park so large that it can be seen from space, with over seven million photovoltaic panels, and funding of $4 billion. In Africa? Impossible? Not anymore.Thirty international … Read More

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