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Category: ESG Africa
To support the decarbonization of Senegal’s industrial sector, IFC announced a partnership with Sococim Industries, Senegal’s largest integrated cement manufacturer, which will boost low-carbon cement production, create jobs, and help...
TotalEnergies has signed Corporate Power Purchase Agreements with Sasol South Africa and Air Liquide Large Industries South Africa for the supply of 260 MW capacity of renewable electricity over 20...
Sasol has announced that it has established Sasol Ventures to advance Sasol’s decarbonisation and 2050 net zero ambitions through venture capital. It will invest €50 million over the next five...
The funding will allow AGGF to broaden its financing for climate-friendly projects in Africa The AfricaGoGreen Fund has made headlines with the announcement of its successful second fundraising close, securing...
First-of-its-kind purchase helps scale new, high-impact projects in Brazil, India, sub-Saharan Africa, and Southeast Asia that advance a just and inclusive energy transition Eight-year contract enables Salesforce to maintain its...
Ethiopia has signed a landmark agreement with the World Bank’s BioCarbon Fund Initiative for Sustainable Forest Landscapes (ISFL) that rewards community efforts to reduce carbon emissions by tackling deforestation and land and...
The World Bank has signed an agreement with four West and Central African nations worth $311 million to fund renewable energy projects. The funds will finance around 106 megawatts (MW)...
The SEFA grant will support the creation of an enabling environment for Electric vehicles (EVs), the design of EV business models and guidelines for the public and private sector The...
As Team Europe, the EU and its Member States will invest more than €280 million in grants in South Africa, including €87.75 million from the EU budget, to support policy...
Ghana has become the second country in Africa after Mozambique to receive payments from a World Bank trust fund for reducing emissions from deforestation and forest degradation, commonly known as REDD+. The...
United Arab Emirates renewable energy company Masdar and Ethiopia have signed an agreement for the joint development of a solar project with a capacity of 500 megawatts, Ethiopia’s prime minister...
The World Bank recently approved a US$15 million in credit from the International Development Association (IDA), the World Bank’s program for the poorest countries, to help expand access to affordable housing...
The project entails the design, construction, and operation of a greenfield solar photovoltaic (PV) plant with a capacity of 100 megawatts under a Build, Own and Operate (BOO) scheme The...
Existing and prospective electricity customers in Chad, Liberia, Sierra Leone, and Togo will benefit from the new Regional Emergency Solar Power Intervention Project (RESPITE) approved for a total amount of...
Harnessing Africa’s solar energy to produce 50 million tons of green hydrogen a year by 2035 can help secure global energy supply, create jobs, decarbonize heavy industry, enhance global competitiveness...
Zimbabwe has proposed incentives to accelerate 1,000 megawatts of privately owned solar energy projects worth about $1 billion, Finance Minister Mthuli Ncube announced on Monday, as the country scrambles to...
The SEFA grant complements existing facilities to mitigate the high risk associated with drilling activities and help attract commercial debt capital to finance the project The Board of Directors of...
Germany has pledged 82 million euros ($86 million) to Ghana in grants to support renewable energy and financial sector development, Ghana’s finance ministry said in a statement late on Thursday....
The package comprises up to €100 million from the African Development Bank and up to €25 million from the Africa Growing Together Fund The Board of Directors of the African...
Diageo Plc’s East African unit is using macadamia shells, sugar bagasse and coffee and rice husks to produce electricity at factories in Kenya and Uganda, helping it achieve net zero...
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