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...
The High Ambition Coalition organized the session titled, Putting good quality adaptation finance in the spotlight at COP27 Germany has committed €40 million to the African Development Bank Group’s Climate...
This new bilateral loan facility from KDB will support mid-term liquidity as AFC works to deliver fast and sustainable solutions to close Africa’s infrastructure gap and unleash the continent’s prosperity...
The EIB is partnering with the citizen-engagement platforms on a focus group project asking 100 young people about their concerns around some of the major challenges facing the world today...
The project will directly benefit public institutions responsible for the pharmaceutical industry’s development The Board of Directors of the African Development Fund, the concessional lending arm of the African Development...
At COP27 in Sharm El Sheikh, Vice-President Ambroise Fayolle of the European Investment Bank and CEO Patrick Dlamini of the Development Bank of Southern Africa formally agreed EIB financing in...
The Alliance’s mission is to raise significant capital to accelerate Africa’s just and equitable transition to Net Zero emissions Alliance to raise up to $500 million of early-stage project preparation...
South Africa on Thursday released the terms of two climate loans for a combined 600 million euros ($596.7 million) from French and German development banks, saying they were substantially cheaper...
Nestlé has decided to partner with the Africa Food Prize to support its long-standing efforts to transform agriculture in the region. Like Nestlé, the Africa Food Prize aims to expand...
The UK was to grant £200m to the AfDB Group’s Climate Action Window, a new mechanism to channel climate finance The United Kingdom has announced a significant increase in its...
Namibia said at the COP27 summit on Tuesday that it had secured over 540 million euros ($544 million) in climate finance from the Dutch government and European Investment Bank. One of the...
Bank of America and CrossBoundary Energy are exploring opportunities with development finance institutions to structure a blended finance loan facility that will support CrossBoundary’s efforts to scale commercial and industrial...
The UK government will provide new funding to help Nigerian farmers adapt to the impact of climate change while improving productivity in Africa’s most populous country. The UK government is...
QNB Alahli participates in COP 27 hosted by Egypt in Sharm El Sheikh QNB Group, the largest financial institution in the Middle East and Africa, announced its participation in the 27th session of the United Nations Conference on Climate...