Equatorial Guinea and Trafigura in Talks for $2 Billion Financing for Oil and Gas Sector Development

Equatorial Guinea has recently engaged in discussions with Trafigura Group, exploring the possibility of securing a…

AXIAN Energy and Fortis Green Jointly Acquire Rwandan Solar Power Plant

Fortis Green Renewables Investment Management, operating its Green Fund I, and AXIAN Energy, a division of…

Italy to Invest Over $1 Billion in Africa’s Development in 2024

The Italian institution responsible for fostering sustainable development in Italy and its partner countries is prioritizing…

Ghana to Host Africa’s Largest Rooftop Solar Plant

Since 2015, Ghana has embarked on a plan to develop high-impact solar projects. Facilitating measures have…

Mastercard Foundation Pledges $4.7 Billion for Education and Employment in Africa

With over 65% of the continent’s population under 30, youth unemployment poses a significant challenge that…

TotalEnergies Strengthens Hydroelectric Presence in Africa

French oil giant TotalEnergies announced on Tuesday the acquisition of a portfolio of hydroelectric projects in…

Afreenergy Solar Acquires GreenYellow’s Photovoltaic Assets in Senegal

This transaction marks a significant milestone in Afreenergy’s growth as it continues to structure and develop…

Côte d’Ivoire: Two Production Units Completed for Baleine Oil Project

Italian oil major Eni and its partners are actively working towards the completion of Phase II…

Veolia and Norfund Join Forces to Support Green Industry in Africa

According to the UN, Africa should not follow the same path of industrialization as Europe. Its…

AFC and ARISE IIP Launch $100 Million Fund for African Industrial Enterprises

The launch of this $100 million fund by AFC and ARISE IIP is part of a…

Microsoft Scales Back Nigerian Presence, Shifts Focus to Kenya

Following a significant reduction of its Nigerian workforce, Microsoft is downsizing its office space at the…

Egypt: Amea Power to Add 2,000 MW of Renewables by 2025

Amea Power continues its expansion in Africa, particularly in Egypt, where government policies favor renewable energy…