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February 5, 2020Liberia Receives Funding for Renewable Energy
The African Development Fund will aid in increasing the country’s rural electrification rate.
January 10, 2020African Development Bank Funds Sub-Saharan Africa’s Renewable Energy
The funding will contribute to the production for commercial and residential use of renewable energy.
April 17, 2019Standard Bank withdraws funding of new coal IPPs in South Africa
The bank follows Nedbank and First Rand Bank in its withdrawal.
March 22, 2019Daystar Power receives funding to expand solar power across West Africa
The solar energy company plans to provide power solutions to Kenya and Zambia.
March 18, 2019Total to begin exploration in Nigeria-São Tomé and Príncipe Joint Development Zone
The French oil company and major stakeholders from both countries signed a production sharing contract.
January 28, 2019AFC closes funding for hydroelectric bridge
The 44MW hydroelectric power project will be funded using a $170 million bridge loan.
January 21, 2019West-Africa’s top crude refinery secures $656m funding
SIR is a vital national company as it provides refined petroleum products for the country and exports to the region.
December 14, 2018Eskom secures loan agreement with French development agency
The loan will see the strengthening and refurbishment of transmission lines.
November 26, 2018Market Report: NNPC sets funding plans for oil and gas industry
NNPC is devising new ways to attract more funding for operators in Nigeria’s oil and gas industry.
October 17, 2018Rwanda secures funding for power supply
The country was awarded $265 million from the African Development Bank.