Abidjan, Ivory Coast//- The African Development Bank’s Board of Directors (www.AfDB.org) today approved $27.2 million in loan financing for the design, construction and operation of a 200 MW photovoltaic solar power plant at Kom Ombo, in Upper Egypt on the river Nile.
Accra, Ghana//-A business and financial journalist, Kwabena Adu Koranteng, has advised the president, Nana Addo Dankwa Akufo-Addo, to instruct the Ministry of Finance to release more funds to the Energy ministry to expand the renewable energy projects under the ministry to enhance sustainable energy production in Ghana.
Coal is still used to generate 77% of South Africa’s electricity, but as the country seeks to ensure a more cost-effective and reliable energy supply, the transition to renewable energy is gathering pace.
Adama, Ethiopia/ — Siemens Gamesa (www.SiemensGamesa.com) 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 green energy capacity to meet ambitious renewable targets.
What kind of electricity makes sense in rural Africa to make the most of available budgets? GettyImages Jörg Peters, Leibniz Institute for Economic Research and Maximiliane Sievert, Leibniz Institute for Economic Research South Asia has made tremendous progress in connecting rural areas to the electricity grid but the number of people in Africa without access […]
Nairobi, Kenya, December 15, 2020/ — The Africa Enterprise Challenge Fund (AECF) has launched a $8.5 million grant facility to support adoption and diversification of renewable energy solutions in the Somalia and Somaliland.
Abu Dhabi, United Arab Emirates, 09 December 2020// – The International Renewable Energy Agency (IRENA), and the African Development Bank (AfDB), have agreed to work closely together to advance the continent’s energy transition through joint initiatives that support investments in low-carbon energy projects.
Abidjan, Ivory Coast, December 3, 2020/ — Although advantageous, local currency financing for off-grid renewables projects and businesses in Africa is still limited, according to a new report released by the African Development Bank.
November 30, 2020//-The Economic Community of West African States (ECOWAS) held its fourth annual Sustainable Energy Forum (ESEF 2020) with a call for the acceleration of decentralised renewable energy across the sub-region.
November 21, 2020//-The growing shift to solar power systems by heavy-consuming industrialists seeking reliable and cheaper supply has rattled electricity distributor Kenya Power amid thinning revenues.
