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Finance

Burkina Faso eyes six solar power plants to boost renewables

April 11, 2019 Khalid Al Mouahidi 0

Burkinabe government has signed an agreement with private power producers (IPPs) to develop six solar power plants to increase the rate of access to electricity […]

BRICS to inject $2.3 billion into South Africa energy sector, others

April 8, 2019 Khalid Al Mouahidi 0

The New Development Bank (NDB), the arm of the BRICS that provides financing to the poorest countries has signed agreements with Development Bank of Southern […]

Guinea gets $106 million to develop off grid projects

April 4, 2019 Khalid Al Mouahidi 0

In Guinea, the World Bank and the French Development Agency (AFD) will support electrification projects in the capital city Conakry, and develop off grid in […]

Solar Energy: US to power 28 health clinics and 310 schools in Ghana

April 1, 2019 Khalid Al Mouahidi 0

The US Trade and Development Agency (USTDA) is providing support for a detailed feasibility study for solar projects in Ghana, US Ambassador to Ghana Stephanie […]

Afdb approves €12.5 million investment in Adiwale Fund 1 targeting Francophone West Africa

March 28, 2019 Khalid Al Mouahidi 0

The Board of the African Development Bank has approved a €12.5 million equity investment in Adiwale Fund 1, a first-generation private equity fund targeting high […]

AfDB, World Bank commit more funds for renewable energies in Africa

March 15, 2019 Khalid Al Mouahidi 0

The African Development Bank (AfDB) will soon launch ‘Green Baseload’ Facility to provide concessional finance to support reliable and affordable renewable energy, the bank’s president […]

Rwanda secures US$ 20 million from BADEA to increase electricity supply

March 13, 2019 Khalid Al Mouahidi 0

The government of Rwanda has signed a concessional loan agreement with The Arab Bank for Economic Development in Africa (BADEA) to finance rural electrification project […]

Liberia to connect 102.000 households to the electricity grid

March 8, 2019 Khalid Al Mouahidi 0

In Liberia, about 102,000 households will soon be connected to the national grid to increase reliable access to affordable electricity throughout the West African nation, […]

Successful new oil & gas drilling results offshore Ghana

March 7, 2019 Khalid Al Mouahidi 0

Oslo-based exploration firm Aker Energy has found oil in the Pecan South-1A well, offshore Ghana after a drilling campaign in the West African nation. The […]

Tunisia: Tunisair to downsize, State tries to keep airline afloat

February 13, 2019 Steven Addamah 0

Tunisia’s flagship carrier will shed over 1,000 jobs by 2020 as part of austerity measures by the state to keep the airline in operation. Transport […]

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