Botswana announces massive investments in renewable energy
The government of Botswana has recently reached an agreement with the World Bank to develop a national strategic plan for the development of renewable energy […]
Finance
Nigeria: minimum wage to increase to $98
Nigerian President Muhammadu Buhari on Thursday signed into law a bill to increase minimum wage from 18,000 to 30,000 naira ($98) with immediate effect. According […]
Malawi: IFC invests in 258 MW hydroelectric project
The Government of Malawi has signed a partnership agreement with IFC InfraVentures for the development of the Mpatamanga hydroelectric project in the southern African nation. […]
Angola & USA sign anti-money laundering agreement
The Angolan Finance Ministry and the US Treasury Department signed a technical assistance agreement with the Financial Information Unit (FIU) and other bodies involved in […]
Burkina Faso eyes six solar power plants to boost renewables
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
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
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
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
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
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 […]