South Africa, Morocco, and Egypt, with a combined installed solar capacity of 8.6 GW in 2021,…
Category: Finance
In Africa, Clean Energy Development Hinges on a Favorable Investment Ecosystem (IEA)
To meet Africa’s growing energy demand, substantial investments in clean energy projects and swift action to…
Nigeria: AfDB and InfraCredit Ink $15 Million Infrastructure Financing Deal
The African Development Bank (AfDB) and Infrastructure Credit Guarantee Company Limited (InfraCredit) finalized a $15 million…
Revised PPP Framework: A Catalyst for Infrastructure Investment
In February, the National Treasury initiated a public consultation on proposed amendments to the National Treasury…
Breega Reaches First Close for $50 Million Africa-Focused Fund
Two years after its launch, Paris-based venture capital firm Breega has secured $50 million in funding…
$15 Million Investment to Boost Renewable Energy in Tanzania
This funding marks British International Investment’s (BII) inaugural venture into Tanzania’s sustainable energy sector. The investment…
Zimbabwe’s Lithium Attracts New Non-Chinese Player
Zimbabwe holds the distinction of being Africa’s leading lithium producer, boasting substantial untapped reserves. This potential…
Cameroon: €20 Million Secured with AFD for Phase 2 of CR1 Program
An integral part of the Cameroon-France cooperation, the Debt-for-Development Contract (C2D) aims to convert a portion…
World Bank Approves $2.25 Billion to Bolster Nigeria’s Economic Reforms
The World Bank has given its approval for a substantial $2.25 billion financial support package designed…
Nigeria Champions Abuja as Host for Africa Energy Bank
Nigeria is actively courting support to establish Abuja as the headquarters of the Africa Energy Bank…
Maître Gims Unveils $108 Million Luxury Real Estate Project in Marrakech
Congolese artist Gandhi Djuna, widely known as Maître Gims, is making a significant investment in Marrakech,…