Africa Investment Forum showcases $1.475B in Green & Renewable Energy Deals at African Development Bank 2023 Annual Meetings

The Africa Investment Forum presented four renewable energy and sustainability projects worth nearly $1.5 billion to investors on the sidelines of the African Development Bank Group’s (www.AfDB.org) 2023 Annual Meetings. The … Read More

What happens to the African Energy Industry if Western Lenders cut off Loans for Fossil Fuel Projects?

By NJ Ayuk A little more than a year ago, in November 2019, the European Investment Bank (EIB) declared its intention to phase out funding for fossil fuels. Specifically, it said … 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

Mozambique to lure investors at the 4th Annual Powering Africa forum set for May

Mozambique will host the 4th Annual Powering Africa forum in Maputo from the 7th-8th May 2015  where participants will be given the opportunity to connect with over 150 senior participants including power … Read More

Lake Turkana Wind Power Project Achieves Financial Close

Following the financial close of Lake Turkana Wind Power Project (LTWP) on 11 December 2014, LTWP has received the first disbursement of funds pursuant to financing agreements signed in March … Read More

Factfile: Songo Songo Gas Development and Power-Generation Project, Tanzania

The Songo Songo gas field is located on and offshore Songo Songo island, about 15km from the Tanzanian mainland and 200km south of the commercial capital, Dar es Salaam. The … Read More