On Thursday, the Abuja Electricity Distribution Company (AEDC) announced it was laying off 800 workers…
Browsing: Electricity
ElectriFI, the Electrification Financing Initiative managed by EDFI Management Company, has announced a €2.5 million…
The African Development Bank (AfDB) has approved a financing package worth $14.54 million to support…
Maxwell+spark, a South African-founded innovator in lithium-ion battery technology, has successfully closed a $15 million…
South Africa’s power utility, Eskom, has reported a remarkable financial turnaround, posting a profit after…
British International Investment (BII) has pledged $20 million to support Acumen’s Hardest-to-Reach (H2R) Initiative, a…
Global impact investor Acumen has successfully raised $246.5 million for its landmark Hardest-to-Reach (H2R) Initiative,…
South Africa-based Mergence Investment Managers has deepened its commitment to clean energy by announcing a follow-on…
Standard Bank has played a pivotal role in securing the financial close of the Red Sands…
Globeleq, a leading independent power producer focused on Africa, has entered into a definitive agreement…
South Africa’s state-owned power utility, Eskom, is exploring unconventional avenues to generate revenue, including supporting…
The Nigeria Sovereign Investment Authority (NSIA), in collaboration with Sustainable Energy for All (SEforALL), the…
Nigeria has entered into a significant agreement worth $200 million with WeLight, a pan-African Distributed…
d.light, a prominent provider of solar energy solutions in Africa and India, has been selected…
The establishment of Africa’s largest distributed renewable energy provider has taken a significant step forward…
Transgrid Enerco Limited, a newly formed alliance comprising North South Power Company Limited (NSP), Axxela…
With 567 million people lacking access to electricity, sub-Saharan Africa remains the least electrified region…
Swedfund, the Swedish development finance institution, and the Danish Investment Fund for Developing Countries (IFU)…
Kenyan energy startup Hydrobox has successfully secured US$9 million in debt funding to support the…
The Global Energy Alliance for People and Planet (GEAPP) is tackling Nigeria’s chronic power shortages…